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Canton Fair Opens

16-10-2007

China's largest trade fair kicks off 102nd session on October 15, 2007 in Guangzhou, capital of south China's Guangdong Province. The fair has attracted a total of 15,054 businesses, including 480 from 57 other countries and regions.

The fair receives broad welcome from overseas clients. Bing Xu, spokesman of the fair said a total of 849 booths have been set up for overseas businesses, 220 more than the previous fair in April. More than 6,000 domestic corporate buyers will attend the fair and we have set up 32,000 booths in two exhibition halls covering 635,000 square meters.

In previous years, the biannual trade fair was used as a means to promote China's export trade, but last April companies from overseas were invited to display their wares for the first time. It was seen as a move to show the world China's efforts to increase imports and reduce its yawning trade surplus, which has triggered trade disputes with other countries. The event will last until October 30.



Editor:Frederick Wei from Chinabuses.com


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