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Canton Fair draws global buyers, sets participation records

China

China

China

Canton Fair draws global buyers, sets participation records

2025-10-16 18:03 Last Updated At:20:37

The 138th edition of the China Import and Export Fair, widely known as the Canton Fair, opened on Wednesday in Guangzhou, south China's Guangdong Province, showcasing the country's advanced manufacturing strength and welcoming a record number of buyers and exhibitors from around the world.

This session of the fair is divided into three phases, each lasting five days. The first phase, from October 15 to 19, focuses on advanced manufacturing, featuring products such as electronic appliances and industrial equipment, and brings together over 5,500 high-quality, specialized export enterprises.

At 09:00 on the opening day, thousands of international buyers poured into the exhibition venue to explore new products, negotiate orders, and keep pace with market trends.

According to the organizer, approximately 247,000 buyers from 218 countries and regions have pre-registered for the fair, a 10 percent increase from the last edition. In particular, participation from the European Union, the United States, and countries involved in the Belt and Road Initiative has seen notable growth.

A total of 74,600 booths have been set up for some 32,000 companies, with around 3,600 exhibitors participating for the first time. More than 10,000 of the exhibiting companies are national high-tech firms, manufacturing champions in niche markets, or SMEs using specialized and cutting-edge technologies, accounting for 30 percent of the total exhibitors.

The fair has also introduced new themed zones, such as a service robot display area, showcasing robotic innovations including humanoid robots and robot dogs.

One eye-catching highlight in the advanced manufacturing section is the humanoid robot Lingxi X2, developed by Zhiyuan Robotics. The all-white robot attracted buyers with its dance moves and flexible joint performance.

"We can upload a viral dance video from social media, and the robot can quickly learn and replicate it, usually in just one or two tries. Mass production will begin in the fourth quarter of this year, and our target is to deliver between 3,000 and 4,000 units," said Hu Zhuo, regional sales director at AgiBot.

Buyers, especially first-time participants, were impressed by the level of innovation.

"It's very nice. China is a big market. The AI robot is very nice," said a buyer from Morocco.

The fair wowed international visitors with cutting-edge AI technology. In the consumer electronics section, a leading domestic AR glasses company revealed several new models designed for global markets.

"We are the world's first to implement a 'look-to-pay' feature in AI glasses. They are also the lightest on the market. Total orders have exceeded 300,000 units. The domestic price is 3,299 yuan, and overseas it's 600 dollars," said Shao Huaqing, general manager of Hangzhou Lingban Technology's Overseas Division.

Canton Fair draws global buyers, sets participation records

Canton Fair draws global buyers, sets participation records

Iran's Foreign Minister Seyed Abbas Araghchi said Friday night that the signing of a memorandum of understanding (MoU) with the United States to end the war could take place within the next few days.

In an interview with state-run IRIB TV, Araghchi said that upon finalized, the MoU will be signed digitally by both sides in their respective countries and then announced. He added that following the potential signing, both parties will commit not to initiate any other war, and will begin the second stage of negotiations, scheduled within a 60-day period, to reach a final agreement, focusing mainly on Iran's nuclear program and sanctions removal.

He stressed that Tehran insists that the only acceptable way of dealing with its highly enriched uranium will be diluting it within Iranian territory.

Araghchi also said that the potential MoU would include provisions for ending the war on all fronts, including Lebanon, requiring Israel to withdraw from the occupied areas.

Other key issues in the MoU include the reopening of the Strait of Hormuz, the full lifting of the U.S. anti-Iran naval blockade, and the release of Iran's frozen assets, he noted.

On the Strait of Hormuz, Araghchi said its management will definitely not to return the pre-war era. While Iran will retain sovereignty and a military presence, a legal system consistent with international law will be established, he said.

He ruled out tolls for passage but noted that charging service fees will be reasonable.

U.S. President Donald Trump said Thursday that the United States had "just made a great settlement of the war with Iran," with an agreement expected "over the next few days."

Over recent weeks, Iran and the United States have exchanged several peace proposals through Pakistan's mediation, and have been working to finalize an MoU to end the war.

Iran's FM says signing of MoU with US possible within few days

Iran's FM says signing of MoU with US possible within few days

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