The 135th Canton Fair is currently underway in Guangzhou, attracting thousands of merchants and exhibitors from around the world. The fair, which is known for being a key platform for international trade, has seen a double harvest of orders and popularity this year.
With 29,000 exhibiting companies and buyers from over 200 countries and regions in attendance, the Canton Fair has reached new heights in terms of scale and participation. As of the latest count, 180,000 overseas buyers have attended the event offline, reflecting the resilience and vitality of China’s foreign trade industry.
Many business leaders have called participating in the Canton Fair a “physical job” due to the high demand for negotiations and cooperation. Patrick, a businessman from Kuwait, emphasized the importance of the fair as a key business opportunity of the year.
The fair has attracted leading companies such as Walmart, Auchan, and Tesco, who have organized groups to participate in the event. Overseas buyers are increasingly looking to China for business opportunities, with the Canton Fair serving as a hub for sourcing goods and connecting with manufacturers.
Merchants from around the world have praised China’s manufacturing capabilities and economic prospects. German businessman Andreas Dole highlighted the opportunity to build friendships and explore new business opportunities at the fair.
With a focus on China’s intelligent manufacturing sector, the fair has showcased a range of cutting-edge products and technologies. Overseas companies, such as South Korea’s FORMULER Company, have expressed optimism about the Chinese market and its potential for innovation and development.
The Canton Fair has also become a platform for fostering international cooperation and trade relationships. Chinese companies have extended their cooperation chains through joint ventures and cross-border e-commerce, paving the way for further collaboration and business growth.
Overall, the Canton Fair continues to play a vital role in promoting free trade and global economic stability. Participants are confident in China’s economic development prospects and are eager to expand their operations in the country, further strengthening international ties and partnerships.