The 137th China Import and Export Fair (Canton Fair), a cornerstone of global trade, has reported a striking 58.4% year-on-year increase in overseas buyer attendance. As of April 24, the event drew 195,851 participants from 218 countries and regions, signaling robust international interest in China\u2019s economic resurgence.
Held biannually in Guangzhou, the Canton Fair is often described as a \u201cbarometer\u201d of global trade trends. This year\u2019s surge highlights renewed business confidence in Asia\u2019s economic recovery and supply chain stability. Products ranging from electronics to home appliances showcased at the event drew widespread attention, with buyers from emerging markets like Southeast Asia and the Middle East driving growth.
Analysts attribute the record turnout to streamlined visa policies for overseas business travelers and China\u2019s push for high-quality manufacturing exports. \u201cThe numbers reflect a rebalancing of global trade dynamics,\u201d said a trade policy expert from the Asia Business Council. \u201cBusinesses are diversifying partnerships while seeking cost-effective solutions in key Asian markets.\u201d
For investors and industry leaders, the Fair\u2019s performance underscores China\u2019s pivotal role in sustaining global trade momentum. The event also saw increased participation from green technology firms, aligning with regional climate goals. For diaspora communities and travelers, the Fair\u2019s cultural exhibitions spotlighted cross-border innovation in food, fashion, and smart living.
Reference(s):
cgtn.com