#China #Guangzhou #Canton Fair #international business #Trade Show

The 139th Canton Fair: A New Era for Global Trade

The 139th Canton Fair, which ended successfully on May 5, marked a significant event in the context of China's 15th Five-Year Plan, attracting global attention as it showcased resilience and innovation in international trade. Amid a complex global landscape, this year’s fair not only surpassed previous visitor numbers but also raised the bar for the engagement of top buyers while introducing innovative, sustainable, and intelligent products. This demonstrates China’s commitment to promoting an open trading environment and enhancing its role on the global stage.

Record Attendance and Diverse Participation

The fair welcomed a remarkable 314,000 international buyers from 220 countries and regions, reflecting a 1.1% increase compared to the 138th edition. Notable growth was observed in markets such as the United States, Australia, and Canada, while participation from Belt and Road Initiative (BRI) countries remained stable. Among the attendees were 407 top-tier buyers and representatives from 154 foreign business organizations, highlighting the fair's significance in fostering international business relationships.

Impressive Outcomes in Business

The onsite transactions reached an impressive volume of $25.7 billion, showcasing the fair's ability to facilitate significant deals and establish long-term partnerships. Many buyers expressed interest in arranging follow-up visits to factories, indicating a proactive approach towards cultivating enduring business ties.

Focus on Innovation and Sustainability

Out of the 4.65 million exhibited items, over 20% comprised innovative, sustainable, and intelligent products. The fair featured 665 presentation events for new collections, with more than 60% of exhibits incorporating advanced technologies. In the CF Award's