GUANGZHOU, China, August 27, 2018 / PRNewswire / – The 124th China Import and Export Exhibition (Canton Fair) will be held from October 15 to November 4 this year. The capital of the exhibition will traditionally be Guangzhou. In the event, occupying an exhibition area of 1.185 million square meters. m, will be attended by over 25,000 exhibitors and buyers from 200 countries and regions of the world. The exposition of the exhibition will be divided into 16 categories and 3 phases.
Over the past 40 years, China has become the world’s second largest economy, accounting for more than 30% of world economic growth. Due to the expansion of the range of trading partners and the unchanging desire to develop an open economy, in 2017 the total volume of import-export trade of China reached 27.79 trillion. (about $ 4.45 trillion), demonstrating an impressive growth of 14.2% compared to the year before. Trade turnover with traditional and emerging markets (in particular, Latin America and Africa) increased by 14.8% and 39.3%, respectively.
The Canton Fair, as the personification of the Chinese policy of reform and openness, has been and remains a symbol of the strengthening of China’s international business ties with the world.
Mr. Xu Bing, Deputy Director of the China International Trade Center, said: “The fair, which serves as a kind of window to China, clearly reflects the development of China’s foreign trade and the national policy of reform and opening up.” We are doing everything possible to make this window is wider in all aspects and make an even greater contribution to world progress. “
Over 200 leading brands will be presented at the exposition of electronics and household appliances this year, and more than 2,000 enterprises from all corners of China will demonstrate their advanced development
Sourced from TASS.ru