The 135th China Import and Export Fair, commonly known as the Canton Fair, is set to commence tomorrow in Guangzhou, south China’s Guangdong Province. For decades, this biannual event has been a pivotal platform connecting Chinese producers with international buyers, steadfastly operating through various economic cycles.
This year’s fair is poised to surpass previous editions in scale and participation. According to Chinese Vice Commerce Minister Wang Shouwen, the event will set new records in the number of registered enterprises, new participants, early overseas buyer registrations, and exhibition area.
Significant growth in registrations highlights the fair’s expanding global reach: a 21.4% increase from the United States, 13% from Organization for Economic Cooperation and Development (OECD) countries, 24.7% from Middle Eastern countries, a remarkable 45.9% from countries participating in the Belt and Road Initiative, and 15.5% from Regional Comprehensive Economic Partnership (RCEP) member countries.
Over 100 overseas organizations, including the United Nations Industrial Development Organization and the United States of America-China Chamber of Commerce, will attend in groups. As of Saturday, more than 144,000 purchasers from 215 countries and regions have pre-registered. Additionally, 288 large multinationals and business institutions have confirmed delegations to the event, marking a notable 21.5% increase compared to the same period last year.
The fair will also spotlight innovation, with over 3,600 companies showcasing advancements in digital technology—from automated guided vehicles to AI-powered translation machines. These demonstrations underscore China’s growing capabilities in cutting-edge industries.
Attendees can expect a dynamic environment fostering international trade, collaboration, and technological innovation. The 135th Canton Fair promises to be a significant event for global businesses looking to engage with Asia’s vibrant markets.
Reference(s):
cgtn.com
