Following Russian President Vladimir Putin's state visit to China, business communities of both countries are seeing expanding opportunities in bilateral trade and economic cooperation, said a senior representative from Yandex, a leading internet and e-commerce platform in Russia.
In an interview with China Global Television Network, Sergey Ustinov, news speaker and general manager of Ads in Asia Pacific of Yandex, highlighted the growing presence of Chinese brands in the Russian market and vice versa, and said the recent leaders' meeting is giving that trend a powerful push.
"What a high-level meeting like this does is send a clear signal to the broader business community in China that Russia is a market worth moving toward – seriously and strategically. For companies watching from the sidelines, that signal matters. For those already here, it will accelerate their ambitions," Ustinov said.
He added that as a platform bridging the Russian market with Chinese partners, Yandex sees major opportunities in the energetic moves of Chinese companies.
"Yandex will be ready. We have the ecosystem, the local expertise, and the partnerships to support Chinese companies at every stage of that journey," he said.
China-Russia leaders’ meeting brings confidence to business community: Yandex representative
The 140th edition of the China Import and Export Fair, also known as the Canton Fair, entered its third day on Saturday, with a wave of AI-powered products making their debuts and injecting fresh momentum into China's export growth.
The event opened to visitors in Guangzhou, capital of south China's Guangdong Province on Thursday, and will be held in three phases through Nov 4.
The latest edition of the fair is showcasing 235,000 AI products, while more than 20,000 exhibitors have adopted different kinds of new technologies. Booths featuring the latest AI products have been drawing crowds, with visitors waiting in long queues to try out the exhibits.
"[The Canton Fair] really gets more popular every year. By around 9:30, people were already queuing in two lines. Some buyers did not want to wait to try the products, so they just bought them on the spot," said exhibitor Liang Linchao.
"The enthusiasm of Canton Fair [buyers] has exceeded my expectations. About one-third of customers want to take one home immediately after the fair ends. That gives us great confidence to explore and expand our overseas markets," said another exhibitor Cui Wei.
Beyond creating business opportunities, products showcased at the Canton Fair can also make a difference in the lives of people in need.
Max Young, who was visiting the Canton Fair for the third time, brought his mother along this time. The mother and son had expected to simply soak up the bustling atmosphere, but an exoskeleton robotic device they came across brought them an unexpected surprise.
His mother, who has had difficulty walking since suffering a stroke, was able to stand up and walk with the help of the device.
"It just keeps my legs going. It's good. Yes, it's good," said his mother, Suzanne Elliott, almost bursting into tears.
"Last year she had a stroke, so the left-hand side of her body is a little bit weaker. About one year ago she couldn't walk or stand up at all. We tried this one today. It seems very good. I think it would help her to get better," said Young.
At the 140th Canton Fair, many exhibitors are accelerating the rollout of research achievements into real application scenarios, turning technological strengths into market advantages and making the fair a major showcase for technological innovation.
"Extremely impressive. Just everything about the efficiency and just how vast and large everything is. We saw a lot of production now is gone to robotics production, AI technology, less humans, really advanced and precise, a lot of precision manufacturing. I think innovation is starting here now. I think now the initiation is here, the R and D is here, and the creativity is coming from China. Very, very impressed," said Canadian buyer Yehuda Klein.
Serving as a barometer and wind vane of China's foreign trade, this year's fair, marking its 70th anniversary, features innovation, intelligence, greater specialization and higher quality.
The Canton Fair is one of the world's few one-stop trade platforms offering a complete range of products with convenience and efficiency, while bringing together the latest products and technologies.
AI products take center stage at 140th Canton Fair, showcasing innovation, offering real-world benefits
AI products take center stage at 140th Canton Fair, showcasing innovation, offering real-world benefits
