Fair boosts ‘dual circulation’

The Canton Fair has become an arena of China’s opening-up as it connects international and domestic markets and has a unique position in boosting a new development pattern, said Chu Shijia, deputy director of the fair and head of the China Foreign Trade Center.

Chu made the remarks at an activity to promote the “dual-circulation pattern” on Friday. According to Chu, the Canton Fair is fully involved with the country’s new economic development paradigm, in which the domestic market is the mainstay and the domestic and overseas markets reinforce one another.

The promotion activity was held at the exhibition hall of the Canton Fair. The event gives full play to the role of the fair as an all-around platform and promotes the integration of domestic and foreign trade. To help enterprises seize opportunities in economic upgrading and get involved in China’s new development pattern is another theme of the event.

After a 65-year development, the Canton Fair has grown into a world-renowned exhibition. It has gathered 26,000 high-quality suppliers with more than 2.7 million exhibits across 50 exhibition areas, Chu said.

It doesn’t only deal with the demands of clients from more than 220 countries and regions. About 80 percent of the exhibitors hope to expand the domestic market via their participation.

Zhang Jinsong, director of the Department of Commerce of Guangdong Province, mentioned the “action plan on promoting high-quality development of trade” issued by the provincial government. Zhang called for the participation of enterprises and hoped they make use of the policies and platforms, tailor their production and meet domestic demand.

The event organizer also provided an exhibition area measuring nearly 10,000 square meters, where about 200 enterprises from Guangdong with domestic trade intentions were looking for potential business partners.

The products on offer covered household goods, kitchen products, small household appliances, beauty products, and food and beverages.

They attracted more than 1,000 representatives from purchasing groups of large-scale supermarkets, supply chain, trade and logistics, and cross-border e-commerce.