The Canton Fair's "heat" witnesses the "vitality" of high-quality development.
2024-11-14

On November 4, the 136th Canton Fair successfully concluded in Guangzhou. A total of 253,000 overseas buyers from 214 countries and regions participated, an increase of 2.8% compared to the previous session, setting a new historical record; the intended export transaction amount reached 24.95 billion USD, an increase of 1% from the last session; 348 "Trade Bridge" series events were held... A series of encouraging data shows that the spillover effect of the Canton Fair is becoming increasingly evident, making a positive contribution to promoting high-quality trade development, expanding high-level opening up, and advancing the construction of Chinese-style modernization.
The Canton Fair is the longest-running, largest, and most comprehensive international trade fair in China, with the best transaction results. Since its opening on October 15, this session of the Canton Fair has seen a surge of visitors and unprecedented scale, presenting a prosperous situation of "both finance and business thriving," providing opportunities for various regions and enterprises in Guangdong to expand markets and seek cooperation, indicating that China remains a central node connecting the global market.
The Canton Fair is an important window for China's opening up and a significant platform for foreign trade. Since the first session in 1957, the Canton Fair has gone through 68 years, accumulating an export transaction of about 1.5 trillion USD and establishing trade relations with 229 countries and regions. The "circle of friends" for China's trade exchanges is expanding, and the door to opening up is getting wider. From the initial focus on agricultural products and primary industrial goods to the presentation of globally renowned new technologies and "black technologies," the Canton Fair has showcased China's remarkable transformation over decades. Data shows that this session of the Canton Fair had over 30,000 enterprises participating in the offline exhibition, with 1.15 million new products and 1.11 million products with independent intellectual property rights on display; 435 new product launch events were held, an increase of over 30% from the last session. Relying on the Canton Fair platform, China is promoting the emergence of new business formats and models with an unwavering open posture.
The Canton Fair is known as a "barometer" of trade, reflecting the latest global consumption trends. Specifically for this session of the Canton Fair, there are also many highlights. On one hand, the offline Canton Fair is bustling with activity. Efforts to create a zero-carbon Canton Fair have led to the on-site display of over 1.04 million green and low-carbon products, an increase of 130% from the last session; there are over 8,000 enterprises with national high-tech, specialized and innovative "little giant" titles, an increase of over 40% from the last session; about 3,600 enterprises related to digital technology and intelligent manufacturing. On the other hand, the online Canton Fair is also thriving. Participating enterprises uploaded about 3.75 million exhibits on the Canton Fair official website, attracting 450,000 overseas buyers from 224 countries and regions to attend online, with a total of 3.42 million visits to enterprise stores and 986 live demonstrations. From this, we see that the Canton Fair is always at the forefront of actively seeking change and jointly pursuing development, thus promoting mutual benefit.
With thousands of businesses gathering, the future is promising. The actual situations in different regions vary, and the strategies for promoting development are diverse. Holding the Canton Fair requires not only serious organization and implementation of activities according to relevant requirements but also the combination of actual conditions to carry out more distinctive activities, accurately matching market demands, and continuously amplifying the spillover effects of the Canton Fair. For example, Dongguan organized 420 enterprises from advantageous industries such as consumer electronics and textiles to participate, marking the largest scale in history; as a national base for foreign trade transformation and upgrading, hardware product enterprises in Jinghai District, Tianjin, showcased their latest achievements at the Canton Fair, attracting attention. From the traditional "three old items" of clothing, home appliances, and furniture to the "three new items" of new energy vehicles, lithium batteries, and solar cells, and to the dazzling appearance of a batch of intelligent devices and unmanned driving products, the increasingly popular Canton Fair showcases the diversity and innovation of Chinese manufacturing to the world, injecting new momentum into global economic development.
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