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136th Canton Fair 2nd phase concludes in Guangzhou

China

China

China

136th Canton Fair 2nd phase concludes in Guangzhou

2024-10-27 21:50 Last Updated At:22:07

The second phase of the 136th China Import and Export Fair, popularly known as the Canton Fair, concluded its five-day exhibition on Sunday in south China's Guangzhou City.

Covering a total exhibition area of 515,000 square meters, the second phase of the Canton Fair focused on household goods, gifts and decorations, building materials and furniture from over 10,000 companies. Among the wide range of exhibits, intelligent and green products such as underwater treadmills and solar-powered HVAC (heating, ventilation, and air conditioning) systems are favored by many buyers.

The Canton Fair has long served as a key platform for connecting enterprises with global buyers. A total of 673 trade promotion activities, including product launches and industry forums, have been held at the 136th fair, up over 25 percent from the previous edition held between April 15 and May 5 earlier this year.

The third phase of the 136th Canton Fair will kick off on Thursday and run for five days, displaying commodities across five categories including toys, maternity and baby products, household textiles, sports and leisure products.

Launched in 1957, the biannual Canton Fair is China's largest trade fair and widely seen as a barometer of the country's foreign trade. It takes place every spring and autumn in Guangzhou, the capital of Guangdong Province, typically featuring three phases per session.

136th Canton Fair 2nd phase concludes in Guangzhou

136th Canton Fair 2nd phase concludes in Guangzhou

An oil tanker flagged to Pakistan has entered the Gulf of Oman after transiting the Strait of Hormuz, marking the first crude vessel to leave the Persian Gulf since the United States imposed a blockade on Monday, ship‑tracking data showed.

The Strait of Hormuz is a vital artery for global energy, with nearly one‑fifth of the world's oil passing through its narrow waters. Data from VesselFinder showed the tanker Shalamar sailing south of Iran's Larak Island late Thursday, carrying about 450,000 barrels of crude loaded at the UAE's Das Island terminal. The vessel, owned by the Pakistan National Shipping Corporation, was listed as bound for Karachi.

The U.S. has imposed the blockade on Monday after peace talks in Islamabad collapsed, deploying more than 15 warships to intercept vessels bound for Iranian ports while allowing transit to non‑Iranian destinations.

Pakistan-flagged tanker becomes first crude carrier to exit Strait of Hormuz since US blockade

Pakistan-flagged tanker becomes first crude carrier to exit Strait of Hormuz since US blockade

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