The Canton Fair demonstrates China's foreign trade resilience through advanced manufacturing displays, trust building and trade intentions.
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It has been 70 years since the Canton Fair was founded. The 140th Canton Fair will be held in three phases, focusing on advanced manufacturing, quality home furnishings and good life respectively.
China News Service, Guangzhou, October 19 (Reporter Cheng Jingwei) The first phase of the 140th Canton Fair ended on the 19th. According to the reporter's observation, this time, overseas buyers took away at least three "packages".
The first is bags filled with samples of Chinese goods, product brochures, technical information and other items. The first phase of this year's Canton Fair focuses on "advanced manufacturing". Cutting-edge categories such as China's smart equipment, smart home appliances, new energy products, drones, and robots will be unveiled together, and a large number of new technologies and new products will be exhibited for the first time. Overseas buyers shuttled through the major booths, selecting products, negotiating, and placing orders to acquire marketable Chinese-made products. Among them is the "visible goods".
Overseas buyers' bags came empty and returned fully loaded, which once again proves that "Made in China" is accelerating its upgrade to high-end, intelligent, and green products, and continues to win global market recognition with its excellent quality and comparative advantages.
The second is a handbag to store the business cards of Chinese partners. Chinese exhibitors prepared business cards early and provided them to every overseas buyer who came to the booth. In addition to business cards, Chinese and foreign merchants will also add each other as friends on social platforms by scanning QR codes on their mobile phones. In this way, there is "someone who can be found."
At a time when trade protectionism is on the rise and global industrial and supply chains are being restructured at an accelerating pace, the trade cooperation platform established by the Canton Fair helps companies from various countries resist market fluctuations, stabilize supply chains, and build a foundation of trust for the continued expansion and efficient circulation of bilateral trade. The "circle of friends" at the Canton Fair is also getting bigger and bigger.
The third is the potential "wallet". This does not refer to the money you carry with you, but the trade intentions negotiated at the Canton Fair, the orders signed, and the long-term benefits buried. French buyer Christophe Bernal said that about 90% of his purchases have been transferred to China.
Today, Chinese companies' overseas expansion is no longer limited to the export of single products, but extends to the export of technical solutions, standard services, and even industrial chains and physical production capacity. By visiting the Canton Fair, overseas buyers may take away not only China's supply of goods, but also foreseeable profit margins and greater cooperation possibilities in the future. These are "businesses that can be pretended."
The three "bags" - the Chinese goods in the suitcase, the trust network in the handbag, and the dividends of economic globalization in the "wallet" - vividly explain the original intention of the Canton Fair to "connect with the world and benefit the world for mutual benefit", and are also a true portrayal of the resilience and vitality of China's foreign trade.
At the 70th anniversary of the Canton Fair, the end of the first phase of the 140th Canton Fair is not the end. The second phase focusing on "quality home" will take over from October 23, and the third phase with the theme of "Better Life" will be launched on October 31. By then, overseas buyers will go to the Pearl River again to "pack" new samples, new partners, and new orders into the next "bag."
AI outlook — possibilities, not facts
The second phase of the Canton Fair will open on October 23
Very likely · Within days
The first phase of the 140th Canton Fair ended on October 19. Passenger flow at the Guangzhou Baiyun Airport port continued to run at a high level. From October 15 to 12 o'clock on the 19th, the cumulative inspection of entry and exit personnel exceeded 265,000, and the number of flights exceeded 1,700, a year-on-year increase of 20.6% and 13.4% respectively. Over 150,000 foreigners entered and exited the country, a year-on-year increase of 27.1%, of which 43.2% entered for business and visit purposes. Customer sources cover 181 countries around the world, with Malaysia, Thailand, Russia and other countries leading the list. The visa-free policy has promoted strong willingness of foreign businessmen to visit China. During the Canton Fair, foreign tourists who enjoyed convenient measures to enter China accounted for 57% of the total number of foreigners entering China. Baiyun Border Inspection Station has set up a dedicated inspection channel and provides multi-language services. The entire entry process takes less than 2 minutes.
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The first phase of the 140th Canton Fair closed in Guangzhou on October 19. This exhibition focuses on advanced manufacturing, new energy and embodied intelligence, attracting more than 12,000 companies to participate. Cutting-edge achievements such as robots and intelligent connected cars were displayed on site, and many exhibitors received a large number of overseas orders.