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China's longest-running trade event showcases technology-driven innovations

China

China

China

China's longest-running trade event showcases technology-driven innovations

2024-10-17 19:46 Last Updated At:20:07

China's longest-running trade event, the ongoing 136th China Import and Export Fair, also known as the Canton Fair, is showcasing technology-driven innovations from leading enterprises in tech research and development.

The fair kicked off Tuesday in Guangzhou, capital of south China's Guangdong Province. Themed "Serving high-quality development, promoting high-level opening-up," this edition of the biennial fair features more than 30,000 exhibitors showcasing 1.15 million new products.

Cutting-edge products dominate the show, including industrial robots, automatic machines, and laser equipment. Chinese manufacturers return year after year to introduce innovations even more advanced and intelligent than the previous versions.

"We are focused on the metal forming industry for shearing and bending machines. Our factory was built in 1958 and we have been joining the Canton Fair for more than 25 years," said Coco Lu, Deputy General Manager of Hubei Tri-Ring Metal-Forming Equipment.

This year's Canton Fair is presenting a diverse range of products across a sprawling 1.5 million square meters of exhibition space.

The vast majority of exhibition halls are packed with visitors and buyers, indicating the global business community is keen to engage with China.

Many exhibitors at the fair have benefited from China's policies to boost industrial optimization as the country aims to maintain an edge in a global economy that is increasingly driven by intelligent design.

"As a robotic forklift enterprise, recent national policies have significantly boosted our competitiveness overseas. Tax reductions have lowered our production costs, enabling us to allocate more resources towards independent research and development of core robotic technologies," said Ji Honglei, Chief Marketing Officer of GenSong Intelligent Technology Company.

This year's fair will be held in three phases between Oct 15 and Nov 4, with the first phase lasting five days.

Launched in 1957, the Canton Fair is the country's oldest and largest trade fair. Held every spring and autumn in Guangzhou, it is seen as a significant barometer of China's foreign trade.

China's longest-running trade event showcases technology-driven innovations

China's longest-running trade event showcases technology-driven innovations

China recorded more than 227 million cross-regional passenger trips nationwide on Sunday, the seventh day of this year's 40-day Spring Festival travel rush period, according to data released Monday by the country's transport authorities.

The 227.713 million passenger trips represented a 2.3-percent increase compared with the previous day.

Road remained the dominant mode of travel, with 211.117 million passenger trips, followed by 13.442 million passenger trips by railway, 2.348 million passenger trips by air, and 753,000 passenger trips by waterway. The Spring Festival, or the Chinese New Year, falls on Feb 17 this year. The official holiday lasts nine days, with the travel rush running from Feb 2 through March 13.

Over 227 mln cross-regional passenger trips recorded on Day 7 of Spring Festival travel rush

Over 227 mln cross-regional passenger trips recorded on Day 7 of Spring Festival travel rush

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