The opening of the 134th Canton Fair showcases positive expectations for foreign trade

The 134th China Import and Export Fair, which opened on the 15th, attracted numerous exhibitors and buyers from both domestic and foreign markets. The constantly warming cooperation atmosphere showcased the expectations of global merchants for the improvement of China's foreign trade.

Xu Bing, spokesperson for the Canton Fair, introduced that the 134th Canton Fair will be held in three phases in Guangzhou from October 15th to November 4th, with the regular operation of online platforms. At present, more than 100000 buyers from over 200 countries and regions have pre registered, and it is expected that the number of attendees at this year's Canton Fair will significantly increase compared to the 133rd Canton Fair.

At this Canton Fair, purchasers from key markets participated actively. The number of pre registered purchasers from Europe and the United States increased by 8.6% compared with the same period of the previous session, the number of purchasers from countries jointly building the "the Belt and Road" increased by 11.2%, and the number of purchasers from RCEP countries increased by 13.8%. Key industries such as electronics and home appliances, machinery, daily consumer goods, hardware tools, and home decoration have received high attention from buyers.

At the same time, the number of procurement groups has increased, with 97 business institutions from Europe, the Americas, Asia, and Africa attending the conference. The number of groups has increased by 86.5% compared to the same period last year. Top companies such as the Fortune 500 and Global Retail 250 actively participated in the conference, with 140 top multinational companies confirming their participation.

Juan Ramon Perez, General Manager of Liverpool Department Store Group in Asia, Mexico, said, "Since 2010, the company has been participating in the Canton Fair. The Fair is our good partner and can help us find suitable sources of goods to meet our needs. We are confident in building long-term relationships based on trust and cooperation

The scale of this year's Canton Fair has reached a new high, with the total exhibition area expanding to 1.55 million square meters, an increase of 50000 square meters compared to the previous one. The total number of booths is 74000, an increase of nearly 4600 compared to the previous edition; More than 28000 exhibitors, an increase of over 3000 compared to the previous edition; The Import Expo attracted 650 enterprises from 43 countries and regions to participate in the exhibition, of which about 60% were from countries co constructing the "the Belt and Road".

The attractiveness stems from the broad prospects of high-quality development in China. In recent years, China's export commodity structure has been continuously optimized. As the "barometer" and "wind vane" of China's foreign trade, the first phase of this year's Canton Fair focuses on advanced manufacturing as support, expanding the scale of product exhibition areas for home appliances, electronic consumer goods, mechanical equipment, new energy, and other products, and providing exhibition opportunities for more high-tech and high value-added enterprises; The second and third installments focus on products that meet the needs of consumer upgrading and a better life, providing convenience for global buyers to make one-stop purchases.

The attraction also comes from the continuous optimization of the opening effectiveness of the Canton Fair platform. With the theme of "serving high-quality development and promoting high-level openness", this year's Canton Fair focuses on creating a comprehensive platform that integrates information exchange, innovation release, industry promotion, trade services, and other functions. During the exhibition, a series of global procurement promotion activities, more than 60 "Trade Bridge" global trade docking activities, and a trade service zone will be established to organize more than 200 enterprises in the fields of finance, insurance, logistics warehousing, testing and certification to provide trade supporting services.

Sukru Ozdamar, CEO of Türkiye Teksan Import and Export Trade Co., Ltd., said that the company looked forward to seeing this year's new technologies, innovative products in the market and new and old suppliers at the Canton Fair. In his view, more and more high-tech products of China will enter the markets of more European countries through Türkiye.