The China Import and Export Fair, also known as the Canton Fair, is the largest trade fair in China and one of the largest in the world. Held twice a year in the spring and autumn in Guangzhou, China, the fair attracts buyers from all over the world, with over 200 countries and regions represented. Here are 15 key facts you need to know about the Canton Fair.
___________________________
1. The Canton Fair was first held in 1957 and has been held biannually ever since. It is hosted by the Ministry of Commerce of the People’s Republic of China.
___________________________
2. The fair covers a wide range of industries, including electronics, textiles, home appliances, machinery, and more. It has a total exhibition area of over 1.2 million square meters.
___________________________
3. The fair attracts over 200,000 buyers and has over 25,000 exhibitors participating in the fair. This makes it one of the largest trade fairs in the world.
___________________________
4. The fair is held in three phases, each phase lasting five days. Each phase of the fair is focused on different product categories. Phase 1 focuses on electronics, household appliances, and machinery. Phase 2 focuses on consumer goods, gifts, and home decorations. Phase 3 focuses on textiles, garments, and shoes.
___________________________
5. The fair has a strict selection process for exhibitors to ensure high-quality products are showcased. The selection process includes evaluation of product quality, production capacity, reputation, and export volume.
___________________________
6. The fair has established a number of specialized exhibition zones, such as the International Pavilion and the Smart Home Zone. These zones provide exhibitors with an opportunity to showcase their products to a targeted audience.
___________________________
7. The fair attracts buyers from all over the world, with over 200 countries and regions represented. The top five countries and regions with the highest number of buyers are Hong Kong, United Arab Emirates, the United States, India, and South Korea.
___________________________
8. The fair offers a range of services to exhibitors and buyers, including interpretation services and matchmaking services. The interpretation services include both simultaneous and consecutive interpretation in multiple languages.
___________________________
9. The fair has played an important role in promoting China’s trade and economic development. It has provided a platform for Chinese companies to showcase their products to a global audience and has helped to increase exports.
___________________________
10. The fair has helped to establish Guangzhou as a major hub for international trade and commerce. Guangzhou is located in the Guangdong Province, which is one of the most prosperous regions in China.
___________________________
11. The fair is a great opportunity for businesses to network and establish new business relationships. The fair attracts buyers and exhibitors from all over the world, providing businesses with an opportunity to expand their network and reach new markets.
___________________________
12. The fair has a significant impact on the local economy. The influx of visitors and businesses during the fair period provides a boost to the local economy, generating revenue for hotels, restaurants, and transportation services.
___________________________
13. The Canton Fair has adapted to the digital age and now offers online exhibitions as well. The online exhibitions provide exhibitors with an opportunity to showcase their products to a global audience, even if they are unable to attend the physical fair.
___________________________
14. The fair has a strong focus on sustainability and has implemented a number of initiatives to reduce waste and promote sustainable practices. These initiatives include the use of eco-friendly materials and recycling programs.
___________________________
15. The fair has established itself as a key event in the logistics and shipping industry, with many companies offering freight shipments, sea cargo, air cargo, and door-to-door services to and from the fair. The fair has also helped to strengthen the logistics and trade relationships between China and the GCC countries and to the rest of the world.
