Country for PR: China
Contributor: PR Newswire Asia (China)
Saturday, May 11 2019 - 01:09
AsiaNet
125th Canton Fair Welcomes 195,000 Buyers, Closes with Turnover Reaching $29.73 Billion
GUANGZHOU, China, May 10, 2019 /PRNewswire-AsiaNet/--

The 125th China Import and Export Fair (Canton Fair or "the Fair") has closed 
having received 195,454 buyers from 213 countries and regions. New buyers 
accounted for 42.5% of the total, an increase of 0.64 percent over the last 
Spring session. Together with 25,000 exhibitors, the fair has driven USD 29.73 
billion in global trading turnover. 

88,009 guests from Belt and Road Initiative (BRI) countries accounted for 45.03 
percent of total attendance, generating USD 10.63 billion in export volume to 
the 64 states - an increase of 9.9 percent.

Xu Bing, Spokesperson of the Canton Fair and Deputy Director General of China 
Foreign Trade Centre, noted: "The Canton Fair remains a significant channel for 
domestic and international business to build up a global trade network and as a 
springboard into the global market."

Photo - https://photos.prnasia.com/prnh/20190510/2463157-1 

"Exhibitors have shown the strong capability of technological development, 
product innovation and brand cultivation. We have seen many value-added 
products with improved brand awareness emerging at the Fair," said Xu. "To 
present progress to buyers around the world, Canton Fair has introduced more 
services, and target marketing approaches to the already multi-functional trade 
platform to help businesses achieve their optimal potential."

The Canton Fair, with its 128 events, 26 regional market forums, foreign trade 
scenarios, global commodities, supply chain and distribution, has not only 
provided market insights and practical solutions to help companies make 
decisions but also created an open platform for all parties to share knowledge 
and promote sustainable trade development.

Import opportunities for global businesses: 650 foreign exhibitors from 38 
countries and regions discovered the vast market potential in China at this 
year's Fair, demonstrating smart and green products tailored for the Chinese 
market. The Fair's International Pavilion has helped establish a fast path for 
international companies to enter China and form a long-term partnership with 
potential clients. 

For more information, please visit: https://www.cantonfair.org.cn/en/index.aspx

About Canton Fair

The China Import and Export Fair, also known as the Canton Fair, is held 
biannually in Guangzhou every spring and fall. Established in 1957, the fair is 
now a comprehensive exhibition with the longest history, highest level, largest 
scale and largest number of products as well as the broadest distribution of 
buyer origins and the highest business turnover in China.

SOURCE: Canton Fair

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   Caption: 125th Canton Fair Welcomes 195,000 Buyers, Closes with Turnover 
Reaching $29.73 Billion

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