The offline exhibition of the 137th Canton Fair concluded in Guangzhou on May 5, setting new records in several key indicators, including the number of overseas buyers and intended export deals.
By May 4, a total of 288,900 overseas buyers from 219 countries and regions had attended the fair, marking a 17.3 percent increase compared to the 135th Canton Fair held in spring last year.
The 137th Canton Fair concludes, proved to be a major success. [Photo/IC]
The intended export deals on site reached $25.44 billion, up by 3 percent year-on-year.
According to data from the Canton Fair organizer, emerging markets continued to be the largest source of buyers. At this year's event, buyers from Belt and Road Initiative (BRI) countries numbered 187,500, up by 17.4 percent year-on-year and accounting for 64.9 percent of the total. Buyers from BRICS countries numbered 72,400, up by 24.1 percent year-on-year; buyers from RCEP member countries numbered 64,800, up by 6.9 percent year-on-year; and buyers from Europe and America numbered 51,900, up by 3.4 percent year-on-year.
Deals made with BRI countries accounted for over 60 percent of the total, while deals with traditional markets remained stable.
Enterprises showcased over 4.55 million products on site, including 1.02 million new products, 880,000 green and low-carbon products, and 320,000 smart products.
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