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Think Tank

The Canton Fair continues to expand the business opportunities of the "the Belt and Road"

2023-10-19   

This is the scene of the 134th Canton Fair captured on October 15th. Deng Hua, a reporter from Xinhua News Agency, photographed that the booth of Guangdong Xinbao Electrical Appliance Co., Ltd. had changed in the Canton Fair compared with the past: a new exhibition area was added to meet the needs of buyers from countries and regions jointly building the "the Belt and Road", which attracted many overseas buyers to come for consultation. "This exhibition included nearly 600 new products, including sweeping robots and full intelligent trash cans, which was the largest one in more than 30 years." Zhang Yifei, director of overseas projects of Xinbao Electrical Appliance Co., Ltd., said that the Canton Fair has become an important platform for the company to explore the "the Belt and Road" market. From October 15th to November 4th, the 134th Canton Fair was held in three phases in Guangzhou, reaching a new high in scale. The total exhibition area has expanded to 1.55 million square meters, an increase of 50000 square meters compared to the previous edition; The total number of booths is 74000, an increase of nearly 4600 compared to the previous edition; More than 28000 exhibitors, an increase of over 3000 compared to the previous edition. Purchasers from countries and regions jointly building the "the Belt and Road" attended the conference enthusiastically. According to the data of the Canton Fair, as of 17:00 on October 18, 98000 overseas purchasers had arrived at the Fair, more than half of whom were from countries and regions jointly building the "the Belt and Road". "The number of foreign businessmen from countries jointly building the the Belt and Road has obviously increased." Zhang Yifei said that more than 500 foreign businessmen are expected to visit and negotiate at this exhibition, most of them from countries and regions jointly building the the Belt and Road. Zhang Yifei said that in addition to reaching deals with many companies at the Canton Fair, companies are also actively expanding their overseas production bases. For example, the company's factory in Indonesia has already been put into operation and is expected to have sales exceeding 1 billion yuan by the end of the year. Guangzhou Hutou Battery Group Co., Ltd. also aims at the market of countries jointly building the "the Belt and Road". At present, its main sales areas are in Africa and the Middle East. In recent years, it has gradually expanded into markets in Thailand, Myanmar, and other countries, with exclusive agents in Vietnam, Cambodia, and other countries. The company opened up a new Russian market in the first half of this year. The Russian client was approached at the last Canton Fair. Taking advantage of the opportunity of the Fair, we took the client to visit the industrial park and saw that the company's advanced production line, complete management processes, and industrial worker equipment greatly increased the client's trust in us, "said Wu Yan, Overseas Sales Director of Hutou Battery Group Co., Ltd. Xie Huaping, Chairman of the China Chamber of Commerce for Import and Export in Sarawak, Malaysia, has been attending the conference for over 40 years. Ninety percent of the company's external procurement comes from China, mainly hardware products. More than 80 members of the Chamber of Commerce have come to participate this time, and they are all very active. "Xie Huaping said," The exhibitors we have met have cooperated with for decades, with guaranteed quality, delivery, and price. We have great confidence in Made in China. "On October 15th, at the 134th Canton Fair, buyers from Peru visited the car monitoring product booth. According to the data taken by Deng Hua, a reporter from Xinhua News Agency, 650 exhibitors from 43 countries and regions participated in the Import Expo at this Canton Fair, of which 60% were from countries that jointly built the "the Belt and Road". Relying on the Canton Fair platform, many enterprises from countries and regions jointly build

Edit:Luo yu Responsible editor:Wang er dong

Source:xinhuaNet

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