Guangzhou exhibitions to boost trade


In 2022, nearly 60 million yuan (RM38.12mil) in financial support was given to exhibition enterprises in Guangzhou, which organised about 200 exhibition events.

GUANGZHOU: Dozens of industry exhibitions are scheduled to be held in Guangzhou, the capital of Guangdong province, in February and March, aiming to boost trade and business activity, according to the local commerce authority.

A three-day national forest firefighting and emergency rescue equipment exhibition began on Wednesday in the city’s Huadu district, attracting domestic and overseas players to display new products and technologies in forest firefighting.

Following the fifth National Forest Firefighting and Emergency Rescue Equipment Exhibition, the first event following the Spring Festival holiday, more than 50 exhibitions covering the industries of manufacturing, automobiles, furniture, medical treatment, industrial design, food and animation will be held in the city within two months.

The Guangzhou Bureau of Commerce will make more efforts to create a safe exhibition environment for exhibitors by announcing financial subsidies for exhibition enterprises.

In 2022, nearly 60 million yuan (RM38.12mil) in financial support was given to exhibition enterprises in Guangzhou, which organised about 200 exhibition events, against headwinds including lowered demand in the international market and the Covid-19 resurgence.

The import and export volume of Guangzhou, a traditional trading city in the Guangdong-Hong Kong-Macao Greater Bay Area, increased 1.1% year-on-year to 1.09 trillion yuan (RM690bil) in 2022, according to the local statistics authority.

Of the exhibition events, an international beauty expo, with an exhibition area of over 200,000 sq m, will be held on March 10-12.

An international furniture expo, with an exhibition area of more than 500,000 sq m, is scheduled to open with two sessions in March, helping to attract hundreds of international buyers from the United States, Malaysia, Singapore, Thailand, Indonesia, India, Poland and some other countries and regions.

“Professional trade exhibitions help us to better meet international buyers,” said Yang Shan, chairman of Skymen Group, a Shenzhen-based company engaged in the ultrasonic cleaning industry.

Additionally, the China Import and Export Fair, or Canton Fair, the country’s biggest trade event in exhibition size and transaction volume, will fully resume offline this year, according to the Commerce Ministry.

“The resumption of large offline trade events helps domestic exporters promote trade with international partners on a firmer footing,” said Li Xingqian, director-general of the ministry’s department of foreign trade.

The 133rd Canton Fair will open on April 15 in Guangzhou. The organisers have sent 950,000 invitations to domestic and foreign buyers and 177 global partners. — China Daily/ANN

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