China's largest trade fair opens

CNC
Added On April 17, 2018

China's largest trade fair opened its 123rd session in south China's Guangdong Province.
 
The event attracted over 25,000 companies as exhibitors.
 
The biannual China Import and Export Fair, also known as the Canton Fair, is seen as a barometer of China's foreign trade.
 
Xu Bing, the fair's spokesperson, said buyers from over 210 countries and regions are expected to attend the fair.
 
The first phase of the fair, running from April 15 to April 19, features products such as home appliances, electronics and hardware. Major brands such as Haier and Midea are to showcase their latest models.
 
The fair will also offer an exhibition area for imports, with over 600 companies from 34 countries and regions exhibiting in some 1,000 booths.
 
Data from the General Administration of Customs showed China had sound growth in foreign trade for the first quarter, with a decrease in trade surplus.
 
The country's goods exports rose 7.4 percent year on year in the first three months, while imports grew 11.7 percent.