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Innovative products draw overseas buyers to 3rd phase of 138th Canton Fair

China

China

China

Innovative products draw overseas buyers to 3rd phase of 138th Canton Fair

2025-11-03 21:39 Last Updated At:23:07

Innovative products on show at the ongoing 138th China Import and Export Fair (Canton Fair) in south China's Guangdong Province have drawn exhibitors and buyers from all over the world to seek new business opportunities.

The third phase of this edition of the Canton Fair is currently underway in China's southern economic hub from Oct 31 to Nov 4, boasting a record 74,600 booths and over 32,000 exhibitors

With nearly 240,000 overseas buyers having attended the first two phases, the three-stage 138th Canton Fair is expected to surpass the previous one in terms of participation from professional buyers and top-tier purchasing enterprises.

The latest session features a new exhibition area dedicated to intelligent healthcare that highlights advanced medical technologies in six major categories including medical robots, intelligent diagnosis, and health monitoring. Exhibits such as brain-computer interface rehabilitation assistance systems, laparoscopic surgical robots, and AI-powered stair-climbing wheelchairs showcase China's innovative strength in this field.

The intelligent healthcare section has so far attracted over 40,000 visitors from Europe, America, Latin America, the Middle East, Southeast Asia, and other regions.

"Beyond belief it goes so fast with China. I think China going from more having the same as other or copying, you get a higher level now, so you start to develop and innovate, do progress yourself, so you bring the products to a higher level. I want to work more with China with this kind of stuff,” said Knut Giaever, a purchaser from Norway.

In the exhibition area for sports, travel and recreation products, a newly-developed electric roof tent that can be easily raised and retracted and is fitted with an entertainment console for movies and music has attracted the attention of foreign merchants.

"Camping industry is very popular in the UK, and particularly the roof tents are very popular, they're growing. Very good quality. We're able to communicate really well here," said a British purchaser.

The first two phases of the 138th Canton Fair have set new records in terms of exhibition area, the number of exhibition booths, and the number of participating enterprises, showing the growing influence of the biannual trade fair.

Industry insiders note that from trade booths to smart exhibition halls, from innovative products to green solutions, the Canton Fair is evolving into a bridge connecting the world, demonstrating the increasing resilience of China's foreign trade within the global economic landscape.

Established in 1957, the Canton Fair is held twice a year in spring and autumn. It is the longest-running of several comprehensive international trade events in China, and is seen as a barometer of China's foreign trade.

Innovative products draw overseas buyers to 3rd phase of 138th Canton Fair

Innovative products draw overseas buyers to 3rd phase of 138th Canton Fair

China's financial authorities have released regulations to optimize fund management requirements for domestic companies listed overseas.

The regulations, effective from April 1, 2026, were jointly released by the People's Bank of China and the State Administration of Foreign Exchange to further improve the convenience of cross-border financing.

The new regulations align the management standards for funds in both domestic and foreign currencies. Proceeds from overseas listings, share reductions or transfers can be repatriated in either foreign currency or Chinese currency renminbi, simplifying their utilization.

Regarding the full circulation of H-shares, the new regulations allow listed companies to pay dividends to domestic shareholders in renminbi in China, streamlining the distribution process.

Regulated by Chinese law, H-shares are shares of enterprises incorporated in the Chinese mainland that are listed on the HKEX.

The new regulations also simplify procedures for listing registrations, share increases and decreases, buybacks, delistings, fund transfers and account usage, improving operational efficiency for businesses and better supporting their overseas expansion and the growth of the real economy.

China releases rules for management of funds related to domestic firms' overseas listings

China releases rules for management of funds related to domestic firms' overseas listings

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