The 136th Canton Fair highlights China's pivotal role in driving the global green economy. As the largest trade exhibition in China, it attracted nearly 4,600 exhibitors, many participating for the first time, showcasing innovative technologies and cutting-edge green products.
The expansive 1.55 million square meters exhibition space, featuring 74,000 booths, underscores the deepening trade relationships and positions China as a key growth market. The fair serves as a crucial platform for global businesses to source products, identify emerging consumer trends, and explore new opportunities in advanced manufacturing, interior decoration, and lifestyle improvements.
Guangzhou's legacy as a global trade hub dates back centuries, continuing its tradition as a central point in international commerce. This year's Canton Fair saw a remarkable increase in online participation, with around 48,000 businesses joining virtually—a 60% rise from the previous edition. This blend of physical and digital presence reflects the fair's adaptability and the enduring importance of China in the global economic landscape.
Moreover, over 75% of buyers at the fair hailed from Belt and Road Initiative partner countries, highlighting China's successful engagement with the Global South and its ongoing influence in shaping international trade dynamics.
Reference(s):
cgtn.com