First online Canton Fair closes, promoting world trade

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The 10-day fair was moved online for the first time due to the COVID-19 epidemic.

It drew nearly 26,000 domestic and foreign enterprises, with 1.8 million products exhibited.

Despite going virtual, the fair still brought a considerable number of orders to domestic exhibitors. It has also created an excellent platform for overseas enterprises to tap into the Chinese market.

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The 127th China Import and Export Fair, or Canton Fair, perfectly closed online on June 24th in south China's Guangdong Province.

As a major global trade event so far this year, the 10-day fair, deemed as an important barometer of China's foreign trade, was moved online for the first time in Guangzhou, capital of Guangdong, due to the COVID-19 epidemic. It drew nearly 26,000 domestic and foreign enterprises, with 1.8 million products exhibited.

The major innovative event has demonstrated China's resolve to expand opening-up and jointly ensure the security of international industrial and supply chains. It has also explored a new path in international trade development and promoted win-win cooperation.

Despite going virtual, the country's oldest and largest trade fair still brought a considerable number of orders to domestic exhibitors as overseas buyers remain optimistic about "Made in China."

The online Canton Fair has created an excellent platform for overseas enterprises to tap into the Chinese market.

The Canton Fair continued to set up import exhibitions, where exhibitors and products from B&R countries accounted for 72 percent and 83 percent respectively, according to Li Jinqi, director general of the China Foreign Trade Center.


Post time:June-25-2020