Chinese manufacturers are pairing their products with value-added services at the ongoing 140th Canton Fair in Guangzhou, south China's Guangdong Province, drawing strong interest from global buyers and injecting new vitality into the country's foreign trade.
The fair opened on Thursday with 32,000 companies exhibiting across its three phases, and runs through November 4. This year's edition is presenting the "product-plus-service" model with extraordinary innovation, as manufacturers combine physical goods with services, technical support and lifecycle solutions rather than competing on base price or hardware alone.
In the smart equipment zone, exhibitor He Qing showcased an integrated food processing system that handles front-end deep-processing tasks such as washing and cutting ingredients. Fusing equipment manufacturing with services from food preparation to delivery, the machine won immediate favor with overseas buyers upon its debut.
"Our machine effectively drives the catering industry within the tertiary sector. Once service providers adopt this technology, their production efficiency doubles while labor costs drop significantly. The equipment primarily targets Europe, Russia, and the United States, and we have already received intent orders worth around 5 million U.S. dollars," said He.
Across the fairgrounds, many exhibitors are following suit, building on their manufacturing foundations to capture global market opportunities and attracting buyers from around the world to try out their offerings and negotiate deals.
Exhibitor Zheng Bikui noted a strategic shift in their export approach, moving from standalone parts to complete systems.
"In the past, the components we sold accounted for just 3 percent to 5 percent of a product's overall value. By innovating and reorganizing these components, we now export integrated modules that account for 30 percent to 50 percent of the product's overall value," said Zheng.
As policy frameworks continue to improve from the central to the local levels, Chinese foreign trade enterprises are accelerating the rollout of the "product-plus-service" integration model, while the steady upgrading of the country's advanced manufacturing sector continues to power export growth.
According to the General Administration of Customs, China's exports of independent brands grew by 27 percent in the first three quarters of the year, accounting for 25 percent of total exports, an increase of 2 percentage points from the same period last year.
Chinese exporters at Canton Fair pair products with services to win global buyers
