Knowing All about Hunan

Canton Fair's offline exhibitions conclude following record foot traffic

Updated:2023-05-06 14:54:25

People visit the 133rd session of China Import and Export Fair, also known as Canton Fair, in Guangzhou, south China's Guangdong Province, April 15, 2023. (Xinhua/Liu Dawei)

GUANGZHOU, May 5 (Xinhua) -- The on-site activities of the 133rd China Import and Export Fair (Canton Fair) concluded on Friday in the southern city of Guangzhou, after seeing brisk business and record foot traffic, according to one of the fair's organizers.

The China Foreign Trade Center said that this iteration of the longstanding event occupied an area of 1.5 million square meters, with 35,000 companies participating offline and foot traffic exceeding 2.9 million people. All figures set new records.

During the offline exhibitions, export deals worth a total of 21.69 billion U.S. dollars were signed, which was better than expected, according to fair spokesperson Xu Bing.

The event attracted overseas buyers from more than 220 countries and regions either online or offline. Nearly 130,000 buyers attended the offline exhibitions, with approximately half coming from countries along the Belt and Road.

The event highlighted the fact that Chinese manufacturing is constantly moving toward the higher end of the global value chain, demonstrating the resilience and vitality of China's foreign trade, Xu said.