140th Canton Fair closes with record overseas buyer attendance

The 140th China Import and Export Fair, also known as the Canton Fair, closed in Guangzhou on November 4 with a record turnout of overseas buyers.

The fair drew 352,000 overseas buyers from 219 countries and regions, up 12.2 percent year on year. The number of buyers from the European Union, the United States and Belt and Road partner countries rose by 38.2 percent, 22.2 percent and 16.6 percent, respectively.

Professional buyers accounted for more than 75 percent of the total, while the number of leading purchasing companies and global partners rose to 502 and 240, respectively.

More than 32,000 companies showcased 4.88 million exhibits. Nearly 20 percent of exhibitors had invested overseas, and 36.5 percent offered "product plus service" solutions.

Intended export deals made on site totaled USD 26.75 billion. More than 700 new product launch events were held.

Smart products shone on the show floor. The number of new and artificial intelligence products on display rose by eight percent and 14.1 percent, respectively. Scenario-based exhibition zones for new product launches, smart health and design innovation were set up for the first time, while the use of AI visualization was stepped up.

 

Green development was also a highlight. Green production was adopted by 43.1 percent of exhibitors, and green exhibits made up a record 26 percent of the total.

Of the 18 zones for emerging and future industries, six focused on new energy sources such as photovoltaics and wind power. The number of companies using modular construction grew by 85 percent and the exhibition space built that way by 91 percent, while the venue ran entirely on green electricity.

Reporter | Chen Jinxia

Photos | Guo Hongda

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