138th Canton Fair to spotlight innovation, digital health

China's Ministry of Commerce announced at a press conference on Friday that the 138th Canton Fair, set to run in three phases from October 15 to November 4 in Guangzhou City, Guangdong Province, will feature new initiatives focused on showcasing innovation.

The upcoming China Import and Export Fair, commonly known as the Canton Fair, will also center on enterprise needs and deal-making, with a record-breaking lineup of over 600 product launch events, a 37 percent increase from the previous session.

According to officials, 63 percent of the new products incorporate innovative technologies, 48 percent achieve functional upgrades, 47 percent highlight green and low-carbon features, and 31 percent use cutting-edge materials. The event aims to reflect the vitality of China's foreign trade innovation.

Thirteen forums will be held during the fair, exploring topics such as trade digitalization, commercial applications of AI, and the silver economy. Over 100 organizations and about 120 speakers from government, business, academia, research, and media will take part.

"We'll see more accurate supply-demand connections. Nine 'Trade Bridge' matchmaking events will focus on high-demand sectors including new energy, home appliances, and building materials. We've collected purchasing lists from buyers early and matched them with exhibitors through multiple rounds," said Zhu Yong, director of China Foreign Trade Center.

The ministry also highlighted the growing global and domestic digital healthcare markets, pointing to high growth potential and emerging opportunities.

For the first time, the fair will feature a Smart Medical Zone with 140 booths and 47 industry-leading enterprises. Exhibits will cover upstream products across the smart healthcare chain, including medical robotics, AI diagnostics, and intelligent care technologies. Organizers hope the fair will help bridge gaps across the entire industry chain, from service providers to end-use applications.

"The Smart Medical Zone is designed to offer immersive, scenario-based demonstrations that allow participants to truly experience the progress of digital and smart medical technologies. We will also host in-person supply-demand matchmaking events to help companies explore international markets," said Wang Zhihua, director-general of the Department of Foreign Trade, Ministry of Commerce.

138th Canton Fair to spotlight innovation, digital health

Russian President Vladimir Putin said on Thursday Russia is fully prepared and willing to negotiate with Ukraine at a U.S. military facility in Anchorage, Alaska, while his Ukrainian counterpart Volodymyr Zelensky proposed a face-to-face meeting.

Putin noted that Russia is ready to accept those compromises discussed by the Russian and U.S. leaders during their Anchorage meeting last August, but stressed that Ukraine must also consent, and then the conflict will quickly come to a natural conclusion.

Ukraine has previously rejected the Anchorage framework, as it calls for Ukraine to cede territory.

Russia's Presidential Special Envoy Kirill Dmitriev said at the 29th St. Petersburg International Economic Forum on Thursday that despite efforts by forces seeking to prolong the war to disrupt talks between Russia and the U.S., bilateral engagement on Ukraine has made substantive progress.

Dmitriev dismissed reports that Russia-U.S. contacts have stalled, accusing other European nations of spreading disinformation to hinder the peace process.

Dmitriev also said that on Wednesday he had spoken by phone with U.S. President Donald Trump's special envoy Steve Witkoff and the president's son-in-law Jared Kushner and discussed bilateral economic cooperation.

He said the U.S. side had underscored the need to embrace peace rather than engage in constant provocations and confrontations.

The U.S. has been pushing for peace and Ukraine should join the process, Dmitriev noted, adding there were plans for further contacts with Witkoff and Kushner next week.

Later on Thursday, Ukrainian President Volodymyr Zelensky published an open letter to Putin, proposing to end the conflict through direct talks between the two leaders.

Relevant parties, including European countries and the U.S., should be part of the peace negotiations, the letter stated.

Ukraine is ready for a complete ceasefire during the talks and proposes an exchange of prisoners of war on the principle of "all for all," Zelensky also said in the letter.

Russia ready to talk with Ukraine at U.S. military base: Putin