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

The 112th China Import and Export Fair Will Be Opened Coming Soon in October

The 112th China Import and Export Fair (The Canton fair) will be held in October 15, 2012 - November 4, held in Guangzhou. It is co-hosted biannually by the Ministry of Commerce of PRC and the People's Government of Guangdong Province in Guangzhou, every spring and autumn. The Canton Fair, with a successful operation of 111 sessions in the past 55 years, has recorded the development of China’s foreign trade and witnessed friendly political, economic and cultural exchanges between China and the outside world. 

The last Canton fair accumulative total export clinch a deal about 963.1 billion dollars, the total to the overseas buyers of about 6.14 million people, the exhibition scale up to 1.16 million square meters.

Canton Fair is a platform for import and export mainly, with various and flexible patterns of trade. Beside traditional way of negotiating against samples, the Fair holds Canton Fair Online. Various types of business activities such as economic and technical cooperation and exchanges, commodity inspection, insurance, transportation, advertising, consultation, etc, are also carried out in flexible ways. 

Many trade company like ECVV (www.ecvv.com) will attend to this fair to promote to the foreign buyers. Business people from all over the world are gathering in Guangzhou, exchanging business information and developing friendship. A manager from ECVV said it’s time to enhance their influence and they will dispatch their marketing staff to force transaction.

The China export commodities fair sponsored by the ministry of commerce jointly organized with the government of Canton province, which is China's longest history at present, the highest level, the largest and most commodities fair. It is the best comprehensive international trade event. 48 Trading Delegations, composed of more than 24,000 China's best foreign trade corporations (enterprises) with good credibility and sound financial capabilities, take part in the Fair, including foreign trade companies, manufacturers, scientific research institutes, foreign invested enterprises, wholly foreign-owned enterprises, private enterprises, etc.

Information about the 112th Session of China Import and Export Fair

Time of Initiation:    the spring of April, 1957

Fair Session and Scope:  

Phase1: Oct.15-19, 2012

Scope: Electronic and electrical appliances, lighting, auto parts, machinery, hardware, building materials, chemical industry, import exhibition area

Phase2: Oct.23-27, 2012

Scope: Daily consumer goods, household, gift

Phase3: Oct.31-Nov.4, 2012

Scope: Textiles and clothing, footwear, bags, medical care, food

Venue: China import and export fair exhibition (China Guangzhou)

        

Exhibition Space:      1,160,000 M2 (111th Session)

Number of Booths:  59,434 standard booths (111th Session)

Number of Overseas Buyers:  Almost 210,000(111th Session)

Business Turnover (National Pavilion):    36,030 Million USD (111th Session)

Number of Exhibitors:      24,644 exhibitors (111th Session)