AS CHINA STABILIZES SUPPLY CHAIN, CANTON FAIR SEES NEW RECORDS

25 April 2022

* China’s time-honored trade fair, the China Import and Export Fair, concluded its 131st biannual session on Sunday in the southern Chinese city of Guangzhou with many new records.

* The 10-day-long event, also known as the Canton Fair, attracted a record-high of over 25,000 domestic and overseas exhibitors with over 2.9 million exhibits displayed online.

* Over 30 percent of the exhibits made their debut while over 480,000 exhibits featured green and low carbon.

Despite offline campaigns being suspended due to the latest COVID-19 resurgence, the time-honored China Import and Export Fair concluded its 131st biannual session on Sunday in the southern Chinese city of Guangzhou with many new records.

The 10-day-long event, also known as the Canton Fair, attracted a record-high of over 25,000 domestic and overseas exhibitors with over 2.9 million exhibits displayed online. Over 30 percent of the exhibits made their debut while over 480,000 exhibits featured green and low carbon.

Among those domestic exhibitors in this session of the Canton Fair, 18,400 enterprises were engaged in exports in the first quarter of the year, with a total export value of over 440 billion yuan (about 67.7 billion U.S. dollars), up 6.8 percent year on year, according to the latest statistics from the Guangzhou Customs.

The online Canton Fair for the fifth time with substantial transactions demonstrates China’s unswerving resolve to stabilize the global industrial chain and supply chain as it further embraces the digital economy amid the protracted COVID-19 pandemic.

The Diplomatic Informer
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