The ongoing Canton Fair in Guangzhou City of south China's Guangdong Province, an exhibition that is mutually beneficial for buyers and exhibitors in terms of supply and demand, has gradually become an important platform stimulating enterprises to continue transformation and upgrading to align themselves with the global market.
Known as the indicator of China's foreign trade, the 135th session of the China Import and Export Fair, also known as the Canton Fair, was launched in 1957 and held twice yearly.
It has been a platform gathering buyers from more than 200 countries and regions around the world to compete and seek win-win results.
At the pavilions crowded with visitors, exhibitors do their best to get new orders, engage new clients and open new markets, illustrating how the Canton Fair can benefit people from near and far.
Opened on April 15, the current edition of the fair incorporates three separate five-day phases which will run through to May 5 under the themes of "advanced manufacturing", "quality home life" and "better life".
Many companies use the Canton Fair as a platform to verify whether their new products and technologies meet customer needs.
"We are keeping on exploring and innovating. Our clients have also provided us with some valuable opinions, (allowing us to) continue to innovate and improve the design of our products, so that we can achieve a win-win result for both sides," said Lu Jing, an exhibitor.
The Canton Fair has now become a dynamic indicator for China's progress in product development and innovation.
Behind the rapid changes shown at the Canton Fair is the great improvement in various fields of the country.
"We started business as an original equipment manufacturer, processing and producing parts according to the designs given to us. Later, they came to buy our designs, and now we not only have our own products and designs, but also services and brands. So this also showcases the development of our country since its implementation of the reform and opening up, and also our rising position in the entire global value chain," said Wang Lixin, an exhibitor.
As of Friday, the total number of overseas buyers from 214 countries and regions around the world to the fair, reached nearly 190,000, an increase of 21.8 percent over the same period last year.
China's Canton Fair inspires business transformation, upgrading
