Overview of China Import and Export Fair (Canton Fair)
The China Import and Export Fair, also known as the Canton Fair, was founded in the spring of 1957 and is held in Guangzhou every spring and autumn. It has a history of 59 years. It is currently the longest, highest level, largest, and most comprehensive commodity type in China. It is a comprehensive international trade event with the largest number of buyers, the widest distribution of countries and regions, the best transaction effect and the best reputation. As of the 126th session of the Canton Fair, the cumulative export turnover of the Canton Fair was about 1,412.6 billion US dollars, and the cumulative number of overseas buyers was about 8.99 million. At present, each Canton Fair has an exhibition scale of 1.185 million square meters, nearly 26,000 domestic and foreign exhibitors, and about 200,000 overseas buyers from more than 210 countries and regions. The Canton Fair is an important trade promotion platform in China, directly connecting the international and domestic markets.
Since 2020, under the situation that the global new crown pneumonia epidemic has continued to spread and international trade has been severely impacted, the Canton Fair has changed with time and has been held online for three consecutive sessions. At the 129th Canton Fair, 26,000 domestic and foreign exhibitors displayed products, live broadcast marketing, and online negotiation through the Canton Fair online platform, attracting buyers from 227 countries and regions to register and visit the exhibition, and the distribution of buyers' origins set a historical record . The Canton Fair was successfully held online, explored a new path for the development of international trade, laid a solid foundation for the integrated development of online and offline, better played the role of an all-round opening-up platform, and made a positive contribution to stabilizing the fundamentals of foreign trade and foreign investment. It demonstrates to the international community China's firm determination to expand opening up and strive to maintain the security of the international industrial chain and supply chain.
The 131st China Import and Export Fair (Canton Fair) will be held online from April 15 to 24 for a period of 10 days. The theme of this year's Canton Fair is to connect domestic and international dual circulation. The exhibition content includes three parts: online display platform, supply and purchase docking service, and cross-border e-commerce area. Exhibitors and exhibits, global supply and purchase docking, new product release, and exhibitor connection are set up on the official website. , virtual exhibition halls, news and activities, conference services and other columns, set up 50 exhibition areas according to 16 categories of commodities, more than 25,000 domestic and foreign exhibitors, and continue to set up a "rural revitalization" area for all exhibitors from poverty alleviation areas.
Focusing on improving the effectiveness of trade connection and user experience, the Canton Fair this year continued to optimize and enhance the functions of the online platform, and took various measures to facilitate the interaction between exhibitors and merchants and trade transactions. This Canton Fair does not charge any fees to exhibitors, nor does it charge any fees to cross-border e-commerce platforms participating in simultaneous activities. Chinese and foreign enterprises and businessmen are welcome to participate actively, share business opportunities and seek common development.
