The largest scale in history, the large number of exhibitors and the endless number of venues are the most direct impressions brought by this Canton Fair. From 19 countries and regions to more than 220 countries and regions, the "circle of friends" has expanded more than 10 times in the past 60 years since the Canton Fair was founded. The popularity is bursting, which reflects that China's economy is booming. In the first quarter of this year, the total import and export value of China's goods trade was 9.89 trillion yuan, up 4.8% year-on-year, and the growth rate was 2.6 percentage points faster than that in the fourth quarter of last year.
Chu Shijia, director of China Foreign Trade Center, said: "This is the Canton Fair that has been reunited for a long time. Chinese and foreign merchants can not only continue the "screen-to-screen" contact for three years, but also restart the "face-to-face" negotiations, and jointly participate in grand events and share business opportunities.
"The data of the on-site transaction at the Canton Fair does not represent all the transaction data of the Canton Fair." Wang Shouwen, the international trade negotiator and vice minister of the Ministry of Commerce, said that when a foreign buyer came to the Canton Fair to negotiate with exhibitors from China and found that the product was good, the price, delivery date and transportation conditions were acceptable, the transaction could be made immediately, which was a spot transaction. After the exhibition, there may be a second, third and fourth transaction.
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