China Watch Blog reports that about 1,118,000 purchasers have been invited to attend the 111th session of China’s largest trade fair – China Import and Export Fair (Canton Fair), up 12.13% more than the previous fair attendance – which will open on April 15 in Guangzhou.
Guangzhou
A total of 702 booths are added in this session to offer a platform to ease export pressure and promote a steady growth of China’s foreign trade.
According to Liu Jianjun, spokesman of Canton Fair, the fair, which will be held under the economic pressures facing the international economy, is being held at a time of rising risk of fluctuating production costs and other factors.
Although some SMEs have chosen to abandon their manufacturing and are engaged in capital investment, there are still a great number of enterprises which want to deal with the risks and challenges involving the country’s export trade.
“The Import Pavilion of the Canton Fair is very popular, which indicates that the Import Pavilion has great development potential,” said Liu.
Liu was quoted as saying in a GZNews.com report that the Western enterprises are willing to expand exports to China, hoping to revitalize the manufacturing sector and improve the employment rate.
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