Guangzhou makes friends with "the Belt and Road", and Guangdong enterprises speed up the layout of "new blue ocean"

2023-10-18

"Did you know that BYD announced that it would open a store in Türkiye this year. This time, I came to find new energy vehicles and accessories products." Within half a day of entering the exhibition area of new energy vehicles and smart travel, Türkiye's buyer Ugur Ozoral has asked nearly 10 Chinese new energy vehicle parts manufacturers at one go. Half of the first phase of the 134th Canton Fair was over, and buyers from countries jointly building the "the Belt and Road" continued to be enthusiastic about "cleaning up". As of the closure on October 17th, more than 200 countries and regions had 87000 overseas purchasers present at the conference, a significant increase from the same period last year, with the number of purchasers from jointly established countries growing the fastest. This year marks the tenth anniversary of the initiative of jointly building the "the Belt and Road". Through the Canton Fair, an important international platform, more and more Guangdong enterprises are moving towards a "new blue ocean" with innovative products and technologies, achieving smooth trade, mutual benefit and win-win results with co built countries. The "the Belt and Road" initiative to jointly build a national market and become a new growth point of foreign trade was held at the Foshan Lighting Booth of the Canton Fair, and a continuous stream of overseas buyers came to consult and negotiate. As one of the earliest enterprises engaged in the production and sales of lighting products in China, Foshan Lighting has the largest industrial base in the country and a complete supply chain system from research and development, production, processing, warehousing to logistics. "In recent years, we have been constantly promoting the global layout, especially focusing on the layout of the" the Belt and Road "to jointly build national markets, and the sales territory has gradually covered Eastern Europe, the Middle East, Africa, South America and other markets, with the sales proportion rising." Liang Yueyi, deputy manager of Foshan Lighting Export Department, said that with a strong technical foundation and R&D strength, the company has opened a gap with its competitors in the research and development of new fields, new technologies, and new products, Form an advantage. This year marks the tenth anniversary of the initiative of jointly building the "the Belt and Road". Over the past decade, the Canton Fair has actively implemented the "the Belt and Road" initiative and helped more and more Chinese enterprises move towards a "new blue ocean" of jointly building the national market. Since its establishment in 2004, Guangzhou North Electromechanical Development Co., Ltd. has been participating in the Canton Fair and has accumulated a large number of customer resources over the past 20 years. Today, the "the Belt and Road" market has become a new growth point for the company's exports. "The joint construction of the 'the Belt and Road' has created an unprecedented opportunity for Chinese enterprises to better 'go global'." Li Songtao, deputy general manager of North Electromechanical, said frankly that the company's annual export volume has grown from $30 million to $190 million last year, and the market has also expanded from the United States and Western Europe to countries with joint construction. At present, the share of countries with joint construction of exports has risen to 15% of the company's total export volume. The expansion of the national "circle of friends" for co construction, as well as the deepening of cross-border layout and cooperation among enterprises, are effectively promoting the stable growth of Guangdong's foreign trade. According to the statistics of the Guangdong Branch of the General Administration of Customs, from 2013 to 2022, the import and export scale of Guangdong to countries jointly building the "the Belt and Road" has increased from 1.92 trillion yuan to 3.01 trillion yuan, breaking through the 3 trillion yuan mark for the first time, with an increase of 56.3% in ten years. From January to August this year, Guangdong's import and export to countries jointly building the "the Belt and Road" totaled 1.96 trillion yuan, a year-on-year increase of 3.9%, accounting for 37.1% of the province's foreign trade in the same period. Confidence is gold. For more exhibitors

Edit:Hu Sen Ming    Responsible editor:Li Xi

Source:GD TODAY

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