Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, October 27 2020 - 00:01
AsiaNet
128th Canton Fair Concludes, Empowering International Trade Recovery
GUANGZHOU, China, Oct. 26, 2020 /PRNewswire-AsiaNet/ --

The 10-day 128th China Import and Export Fair (Canton Fair) concluded on its 
cutting-edge digital platform which has provided a unique opportunity for 
international businesses and buyers to embrace a barrier-free trade experience 
at their fingertip.

Photo-https://mma.prnewswire.com/media/1319955/1.jpg

The Fair welcomed buyers from record-breaking 226 countries and regions. As of 
October 24, its platform has received 51.17 million visits, including over 7.89 
million visits to companies' virtual exhibition hall.

Xu Bing, Spokesperson of the Canton Fair and Deputy Director General of China 
Foreign Trade Centre, noted that the current COVID-19 pandemic has brought 
extreme challenges as countries try to simultaneously expand their economies 
and save lives. China endeavors to facilitate a return to normality for 
international industry and supply chains, as well as aiding in the recovery of 
international trade and investment.

26,000 exhibitors brought more than 2.47 million products, an increase of 16.5 
percent from the last edition, including 8,500 products from 346 international 
exhibitors across 30 countries. Among them, 730,000 new products were launched 
at the event, increasing by 21.6 percent.

This year's Canton Fair has seen a significant trending products with 
innovation in design, function, craftsmanship and materials. 131 products from 
91 companies were rewarded for their bold and innovative designs, receiving 
prizes from the prestigious 2020 Canton Fair Design Awards.

The grand trade show also applies "new" technologies such as big data, cloud 
computing and artificial intelligence, offering an immersive experience to 
buyers through the use of graphics, videos, 3-D and virtual reality (VR) 
platforms. The VR exhibition hall showcased products from 2,046 companies, and 
was visited 163,200 times in total, while customized live streaming showrooms 
were also a hit, with 1.89 million people tuning in. 

Buyers commented on this virtual Canton Fair that it has offered exceptional 
user experience from browsing new products, knowing new technologies and market 
insights to joining an interactive conversation. The upgraded functions have 
enabled them efficiently to access high-quality products from a number of 
suppliers and manufacturers online. 

In addition to exhibitions, the Canton Fair also hosted a series of online and 
offline supporting events to exploreand further boost international trade. 38 
virtual business matching events were hosted in 37 countries and regions, and 6 
business associations from Africa, Europe and Asia joined Canton Fair Global 
Cooperative Partnership Program.

Source: Canton Fair

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