The Buyer Attendance of the 122nd Canton Fair is Expected to Realize a Steady Year-on-year Growth
Date：2017-10-20 10:13:35 Visit：1162
At the opening press conference of the 122nd Canton Fairon Oct.14, Mr. Xu Bing, spokesperson of the Canton Fair,Deputy Director General of China Foreign Trade Centre, estimatedthat the 122nd Canton Fair will welcome buyers from over 210countries and regions, and the buyer attendance will realize a steady growth year-on-year.
Xu Bingintroduced that, Canton Fair is an important platform to promote foreign tradein China, and it is also a barometer and vane of China’s foreign trade. Sincethis year, the global economyhas shown positive momentum. The market confidence has been boosted and globaltrade recovered. The declining trend of China’s foreign trade in last two yearshas been curbed and a steady growth momentum consolidated. All these favorablefactors give us the foundation for our estimation of buyer attendance.
Xu Bing has pointed out that, we also face manyunfavorable conditions. First, the international market remains unstable anduncertain. “Anti-globalization” trend and trade protectionism are gainingground, and deep-rooted global economic structural problems remain unsolved.With unstable political and economic factors, the foundation of recovery isvery fragile. Second, the competition of international market has become fiercer.The global industrial structure is undergoing a round of profound reform. Themanufacturing industry is recovering in developed countries, while the mid- andlow-end manufacturing industry is on the rise in emerging economies. Therefore China’sexport faces dual pressure.
Xu Bingintroduced that, faced with complex domestic and overseas economic climate, wehave kept on reform and innovation, improved the Canton Fair’s quality andattraction to overseas buyers. Besides, we have innovated methods of promotionand doubled our efforts to promote the Fair and attract quality buyers tosource by targeted marketing via the Internet, big data and new media.According to our statistics, the numbers of invitation application,pre-registration, hotline calls, hotel reservation have increased compared withlast year.
Canton Fair Press Center
