More Than 58,000 Booths at Canton Fair
The 110th China Import and Export Fair (Canton Fair) concluded earlier this month. According to the fair’s organiser, China Foreign Trade Centre, around US$38 billion worth of business was generated during the three-week fair marking the 10-year anniversary of China’s accession of the World Trade Organization (WTO).
The 55-year-old fair was held Oct. 15- Nov. 4 in three phases at the China Import and Export Fair Complex in Guangzhou. This edition featured more than 58,000 booths more than 1,160,000 square meters of exhibition space, and attracted 24,231 exhibitors and 209,175 foreign visitors from 201 countries and regions. A dedicated import area at the fair featured over 500 exhibitors from nearly 50 countries and regions.
China’s Commerce Minister Chen Deming said, “The Canton Fair’s expanding imports section will have a major impact on China’s imports sector overall. Ongoing success in this area is integral to balancing China’s bilateral trade.”