Opening of the 124th China Import and Export Fair

Opening of the 124th China Import and Export Fair

Today (October 15), the 124th China Import and Export Commodities Fair opened at Pazhou Canton Fair. The number of participants is expected to remain stable compared with the same period last year (191950). At a press conference yesterday, Xu Bing, a spokesman for the Canton Fair and vice director of the China Foreign Trade Center, briefed the domestic and foreign media on the overall preparations for the Canton Fair.

The first, third stage continues to set up import exhibition.

Xu Bing introduced that the overall pattern of the 124th Canton Fair remained unchanged and the scale of the exhibition remained stable. Among them, there are 12125 brand stands, accounting for 20%, and 47522 general booths, accounting for 80%. The Canton Fair will continue to set up import exhibitions in the first and third phases, covering a total area of 20,000 square meters, with a total of 6 product areas and 998 booths. A total of 636 enterprises from 34 countries and regions participated in the exhibition, with 10 countries and regions exhibiting.

Xu Bing said that the Guangzhou Fair to carry out high-quality brand booth evaluation work, 3847 enterprises to participate in the booth, booth demand about twice the size of the brand booth; the last exhibition of old enterprises more than 80% of the repeated participation rate. After strict evaluation, 2297 brand enterprises were selected and 12125 brand booths were arranged.

In terms of optimizing the structure of the exhibition area, the Guangzhou Fair will continue to implement the optimization measures of 5% annual renewal rate of the exhibitors, encourage the "three from three high" products to participate in the exhibition, and expand the exhibition area of household appliances, kitchens and households. New energy, pet products, outdoor spa and other new themes of the exhibition area to absorb new enterprises accounted for 19.15%, the overall quality of the exhibition improved. The exhibition area for the first time was set up in the exhibition area for men's and women's wear, underwear, bags and office stationery. The third phase A Central Corridor gathered seven major textile and garment industrial clusters, including four national demonstration bases for foreign trade transformation and upgrading, forming a "street of local characteristic industrial clusters".

Continuous optimization of commodity structure for exhibitors

Xu Bing said that the United States is the second largest source of buyers at the Canton Fair, with more than 10,000 attendees per session in recent years. "According to our research, most American purchasers said they would continue to attend the procurement." Xu Bing said that the vast number of exhibition enterprises continue to optimize the structure of the exhibition commodities, expand their own brands, independent intellectual property rights and new technologies, new products exhibition scale.

Xu Bing said that the Canton Fair, as China's largest trade promotion platform, has been actively serving the "one belt and one road" initiative in the past 5 years. The number of purchasers from the countries along the route increased from 77,278 at the 114 th Canton Fair in 2013 to 90,576 at the 123 rd, an increase of 17.2%, and the proportion of purchasers attending the fair rose from 40.75% to 44.54%.

At present, the top ten buyers in the Canton Fair have accounted for 7 countries along the "one belt and one road". Among them, the number of purchasing power of emerging powers such as India and Russia continues to grow. Chinese products are favored by consumers along the Canton Fair. The amount of goods purchased by the countries along the Fair reaches US $9.67 billion per session, accounting for 32.2% of the total export volume of the Fair.

Xu Bing introduced that according to statistics, 381 enterprises from 17 countries and regions along the "one belt and one road" participated in the import exhibition. The total number of booths was 615, accounting for 60% and 62%, respectively, covering all 6 product areas of the import exhibition area. Seven countries, including South Korea, Malaysia, Egypt, Turkey, Thailand, Pakistan and India, participated in the exhibition in the form of national delegations.

The Canton Fair will continue to be held in three phases, with an exhibition area of 1185,000 square meters, a total of 60,645 booths and 25,583 exhibitors at home and abroad.

The export exhibition will set up 51 exhibition areas according to 16 categories of commodities, with a total number of 59647 booths and 24947 exhibitors.