How much do you know about the Canton Fair?
On April 15, the 133rd China Import and Export Fair (“Canton Fair”) officially opened in Guangzhou. After three years of the epidemic, the offline exhibition was restarted again, attracting tens of thousands of merchants to the exhibition site.
As the most extensive session in history, the exhibition area and the number of exhibitors both hit record highs. The exhibition area has expanded to 1.5 million square meters, an increase of 25% over the previous session, and the number of exhibitors has also increased from 25,000 to about 35,000.
The Canton Fair is the wind vane and barometer of China’s foreign trade. Because of its most extended history, enormous scale, a complete range of products, largest number of visitors, and best transaction results, the Canton Fair has always been hailed as “China’s No. 1 Exhibition” by business people from all over the world.
The Canton Fair is divided into three phases. The first issue focuses on industrial themes, mainly machinery, home appliances, building materials, etc. The second phase focuses on consumer goods, gifts, and decorations.
The third phase focuses on textiles, garments, and medical products. During the Canton Fair, you can meet manufacturers of any commodity and explore all kinds of novel high-tech products. Here, you don’t have to worry about finding a satisfactory product.
Since the beginning of this year, China’s economy has continued to recover and recover, with solid growth momentum. Major economic indicators such as consumption and investment are improving, and market expectations have improved significantly.
Under the current sluggish recovery of the world economy, the Chinese economy has shown a positive momentum, which is significant to developing regional and global economies. Georgieva, managing director of the International Monetary Fund, said recently that China’s contribution to world economic growth would reach about one-third in 2023.
As an important platform for China to open up to the outside world in an all-around way, promote the high-quality development of international trade, and connect the domestic and international dual cycles, the comprehensive resumption of the Canton Fair reflects the strong recovery of China’s economic momentum.
It has built a bridge for Chinese companies to go to the world and will also build global security. Reliable and efficient supply chain creates new opportunities, thereby promoting the shared prosperity and development of the world economy.
New exhibition halls have been opened, and new themes have been added. New companies have actively participated in the exhibition.
There are more new product debuts and the regular operation of the online platform. There are many highlights in this Canton Fair, which refreshed the guests from afar. But more importantly, China has shown the greatest certainty through the Canton Fair.
The world’s major changes unseen in a century are accelerating, local conflicts and turmoil are frequent, and the momentum for world economic recovery is insufficient. A series of factors, such as the new crown epidemic, geopolitical conflicts, and continued high inflation in major economies, have increased uncertainty in the world.
This uncertainty has become a common challenge facing the world. In response to these challenges, the international community has become more vocal about strengthening cooperation and promoting development and is looking forward to hearing China’s voice and seeing China’s solutions more than ever before.
At such a critical moment, China’s adherence to reform and opening up and mutually beneficial cooperation has provided the most excellent certainty, which is undoubtedly a blessing to the world, because it has injected strong confidence and great strength into an uncertain world, just as Premier Li Qiang said before As emphasized in his speech at the Boao Forum for Asia not long ago, in an uncertain world, China’s certainty is the mainstay of maintaining world peace and development.
In this uncertain period, China’s thinking and development path are certain, and the world’s second-largest economy will continue to follow the path of openness, inclusiveness, and development.
In recent years, China’s series of policies to expand reform and opening up have demonstrated this point, and this Canton Fair is also a good window for observation. The Canton Fair resumed offline exhibitions in an all-around way.
People in business from all over the world and domestic enterprises gathered in Yangcheng to conduct business negotiations. Behind this is China’s athletic pursuit of a mutually beneficial and win-win opening strategy and a vivid manifestation of promoting the construction of an open world economy.
