Reported by Xinhua News Agency: The 136th Canton Fair explores the global supply and demand moving towards a "new" direction

2024-10-16

On October 15th, the 136th China Import and Export Fair (hereinafter referred to as "Canton Fair") officially opened in Guangzhou. On the first day of the opening of the Canton Fair, there was a bustling flow of people both inside and outside the exhibition hall. This year's Canton Fair, with the theme of "serving high-quality development and promoting high-level opening up", will be held in three phases from October 15th to November 4th, with offline exhibitions and online platforms operating normally. Exhibitors and buyers from over 220 countries and regions around the world participated in the exhibition. Intelligent manufacturing attracts both global supply and demand to participate in this year's Canton Fair. The total exhibition area is 1.55 million square meters, with a total of 74000 booths, 55 exhibition areas, and 171 special zones. There are over 30000 offline exhibition companies, including about 29400 export exhibition companies. The first phase, with the theme of "advanced manufacturing", highlighted advanced industries and scientific and technological support, attracted 213 enterprises from 28 countries and regions to participate in the exhibition, including 7 countries and regions from Türkiye, Egypt, India, South Korea, Malaysia, Thailand, and Taiwan, China, China, focusing on electronic appliances, hardware tools, mechanical equipment and other products. Exhibitors bring new products and technologies, and the range of choices for buyers is further expanded, leading to a "two-way rush" between global supply and demand. This is our company's fourth time participating in the Canton Fair. Previously, we focused more on the North American market, but this time we have expanded our product line and want to further explore overseas markets Zhang Bingqian, a representative of Jiangsu enterprises deeply engaged in the cleaning appliance industry, told the news agency that "the Canton Fair enables us to reach different customers from all over the world, listen to different voices, and thus establish our new sales channels." Zhang Bingqian, a Chinese exhibitor, "Our company mainly produces household appliances, outdoor furniture, steel security doors, and glass, and has participated in the Canton Fair for many years." Ismail AKTOLGA, an exhibitor from Türkiye, told the news agency reporter, "I think the Canton Fair has a huge impact on global economy and trade. It is this business interaction that unites people around the world to participate in a unique way. At the Canton Fair, we look forward to and welcome customers from all corners of the world." Türkiye exhibitor ISMAIL AKTOLGA "This is our first time to come to China. The main purpose of participating in the Canton Fair is to find some machinery supplies for engineering construction." Gabriela, a purchaser from Argentina, told the news agency reporter, "We had some knowledge before coming to China, but we were still surprised. I didn't expect the Canton Fair to be so large and the cost performance of its products is also high, so we are willing to come to China to buy things." Gabriela, an Argentine purchaser, is an important productivity. New energy technology is an important field for the development of new quality productivity. At the press conference of the State Council Information Office on October 14th, Wang Jiangping, Deputy Minister of Industry and Information Technology, stated that we will deepen the application of scenarios, cultivate and strengthen new quality productivity such as low altitude economy and intelligent manufacturing. A large number of new enterprises, products, technologies, and formats emerged at this year's Canton Fair, with nearly 4600 new exhibitors. More than 8000 enterprises have been awarded titles such as national high-tech, specialized and innovative "little giant", and manufacturing industry champions, with an increase of over 40% compared to the previous edition. The reporter from Xinhua News Agency noticed that this year's Canton Fair also added a new theme of hydrogen energy in the new energy exhibition area for the first time, and set up a special area for energy storage products, attracting more than 110 new energy exhibitors. The special zones for smart living, industrial robots, and intelligent manufacturing production lines have attracted nearly 400 enterprises, with a booth size of over 1500. A batch of humanoid robots, intelligent devices, unmanned driving products, etc. will debut for the first time. At the new energy exhibition area, a reporter from Xinhua News Agency learned from an exhibitor from Chongqing that the company's main product is a full range of charging piles from AC to DC. In the future, more new energy vehicles will enter the overseas market, which is also an opportunity for our company. We chose this exhibition area in the hope that overseas buyers can see the system services of the entire industry chain, come to China to find suitable charging equipment for the local market, and adapt to new consumption trends. "Liu Jun, the business manager of the company, told Xinhua News Agency reporters. Chinese exhibitor Liu Jun said, "We have great confidence in the Chinese market because Chinese customers value our brand very much and are very interested in our brand, which is very inspiring. Therefore, we are looking for partners in China and other countries around the world." US exhibitor Chris Arthan told Xinhua News Agency reporters. The online platform of American exhibitor Chris Arthan helps the Canton Fair achieve "never-ending". In addition to offline exhibitions, this year's Canton Fair has greatly improved the efficiency of online platforms to help achieve "never-ending". The online platform has optimized 18 functions, launched virtual digital humans for the first time, and launched a new Canton Fair APP. The online exhibition scale of this year is even larger, with about 48000 companies uploading about 3.75 million exhibits. The number of companies and exhibits has increased by 60% and 50% respectively compared to the previous year, both reaching a historical high. After overseas buyers see our products on the online platform, they can directly find us offline to make purchases. The combination of online and offline platforms makes our communication with customers smoother and more efficient, and enables more precise procurement operations Wang Lei, an exhibitor from Ningbo, told Xinhua News Agency reporters, "The Canton Fair is a barometer of China's exports and the world's largest comprehensive exhibition. Many of our orders are obtained from participating in the Canton Fair. Over the years, our innovative products have grown together with the market and industry." Chinese exhibitor Wang Lei said, "We completed all the procedures within five minutes, and it was very convenient to register on the online platform. The help provided by the staff was also very helpful." Esther Dangusu and Sampson Monday from Indonesia told Xinhua News Agency reporters, "China has abundant materials, and merchants from all over the world may find satisfactory manufacturers or suppliers here, so we came to China specifically to look for partners. Through the Canton Fair, we can see and understand which products are suitable for our imports, which is an excellent opportunity to explore new business opportunities Indonesian buyers Esther Dangosu and Sampson Monday are gathering to attract new trends. The Canton Fair is not only an important "window" for China's opening up to the outside world, but also a witness to the Canton Fair building an important bridge connecting Chinese foreign trade enterprises with the world, and helping to promote the high-quality development of China's trade and the common prosperity of the world. (New Society)

Edit:Yao Jue    Responsible editor:Xie Tunan

Source:Outlook New Era

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