Guangzhou, China—The bustling city of Guangzhou has once again transformed into a global marketplace as the 135th China Import and Export Fair, widely known as the Canton Fair, opened its doors on Monday. Drawing nearly 290,000 exhibitors from over 215 countries, this year’s fair is a testament to China’s burgeoning innovative spirit and its pivotal role in global trade.
The fair showcases a plethora of cutting-edge technologies, reflecting a significant shift towards digital and smart solutions. Chinese Vice Commerce Minister Wang Shouwen highlighted the increased participation of high-tech companies, noting a 20 percent rise from the previous session. “Over 5,500 national-level high-tech enterprises and specialized small and medium enterprises are here, showcasing their latest innovations,” Wang stated.
Attendees are treated to an array of intelligent products, including brain-computer interface smart bionic hands, autonomous navigation transportation equipment, and advanced artificial intelligence translation devices. With more than half of the companies integrating digital technologies like artificial intelligence and big data analysis into their operations, the fair underscores China’s commitment to technological advancement.
The Canton Fair not only highlights domestic innovation but also fosters global connections. As of Sunday, over 149,000 purchasers from 215 countries and regions have registered, marking a 17.4 percent increase from the previous year. This surge reflects the international community’s growing interest in China’s innovative products and the opportunities they present.
The emphasis on innovation at the Canton Fair resonates with entrepreneurs, investors, and market analysts worldwide. It provides invaluable insights into Asian markets and economic trends, attracting scholars, researchers, and business professionals eager to explore new ventures. The fair also serves as a bridge for the Asian diaspora and global enthusiasts seeking to stay connected with the region’s dynamic developments.
As the Canton Fair continues to ignite global interest, it stands as a symbol of China’s innovative prowess and its influential role in shaping the future of global trade and technology.
Reference(s):
A spark of innovation: China's Canton Fair ignites global interest
cgtn.com