Canton Fair concludes

Added On November 6, 2018

Canton Fair, the largest trade fair in southern Chinese province of Guangdong concluded on Sunday, with an increase in exports to countries along the Belt and Road and new buyers from these regions.
The 124th biannual session of China Import and Export Fair received about 190,000 buyers from over 210 countries and regions. The export turnover reached 229.8 billion U.S. dollars.
Exports to countries and regions along the Belt and Road increased 2.7 percent to 9.6 billion U.S. dollars, accounting for 32.3 percent of the total.
While new buyers attending the fair totaled around 77,700, those from countries and regions along the Belt and Road grew by 4.2 percent.
Seven of the top ten buyers were countries and regions along the Belt and Road.
More than 10,700 buyers from the United States attended the fair, the second largest source of buyers, after China's Hong Kong Special Administrative Region.
The fair spokesman said the number of buyers from developing countries and emerging markets increased.
The spokesman said diversified global buyers can help enterprises efficiently consolidate the traditional markets, explore emerging and potential markets, and optimize their layout in the international market.
The China Import and Export Fair, held every spring and autumn in the city of Guangzhou, is seen as a barometer of China's exports.