The 112th Canton Fair kicked off, 200,000 buyers are expected to participate

In the morning of the 15th, accompanied by lively drums and lion dance dragon dance performances, the 112th Canton Fair in Guangzhou Pazhou Exhibition Center opened its doors. Next time after about 20 days, is expected to be approximately 200,000 buyers worldwide participants. The current world economic recovery is still not clear, but China exports have a lot of bright spots, so this year's trade is more compelling.

8 o'clock in the morning of the 15th, the Yangcheng Evening News reporter on the scene saw a lot of businessmen came to the scene early on.

Most merchants choose the subway and other public transport. After 9:30, the countries participating merchants are more connected to each pavilion platform channel can be described as "the hustle".

It is reported that the same pattern of this year's trade exhibition held still in three phases. Which opened today, is the first of a five-day display of goods mainly mechanical and electrical products. Mainly consumer goods, gifts, and mainly in the textile and clothing, and medical care, will be opened on October 23 and October 31.

Merchant: export stabilization, but the pressure is still large
The opening of the 112th session of the Canton Fair. Yangcheng Evening News reporter from the scene to understand, many exporters reflect current export signs of stabilization, but the pressure is still large, recent most worried about is the currency of the new U.S. round of quantitative easing (QE3) and push up the renminbi exchange rate.

A Manager from ECVV company said: "Since the second half of last year, the market has some signs of warming." It is Maxim's door the person in charge, since the beginning of this year the market has been relatively stable, especially in the U.S. market rebound also obvious, have picked up more than 10%. Fair first day, the foreign come more, they have more confidence in this fair transaction. Chigo scene of a company's staff told reporters that the second half of the year is not the export season, but benefited from the growth of the first three quarters of this year, overall exports growth should be able to remain at around 20%.

In contrast, many of the small and medium-sized exporters mainly do OEM (OEM) is little more than "lack of confidence". A major export of the Latin American market, the person in charge of the ceramic tile business, Chen believes that there is not lightly to the export market has recovered very much hope that this year's trade can expand more new customers.

Recently, the United States launched a new round of monetary quantitative easing (QE3), has given rise to fluctuations in international commodity markets, also pushed up the expectations of the yuan continues to appreciate. In this regard, the scene of many exporters have expressed concern. Foshan, a household outlet business on behalf of Mr. Lee introduced: "Now do the OEM already low profit RMB exchange rate rose by one percentage point, our profits would fall by one percentage point, and ours in particular small and medium-sized manufacturing enterprises headache."

Source From Yangcheng Evening News