Huadu Enterprises Concluded 300 million US dollars in Phase 1 of the Canton Fair
Pazhou Complex in Guangzhou. According to the official statement, the Fair experienced significant increase in the number of overseas buyers. Exhibitors from Huadu District signed contracts for intentional orders with an amount close to 300 million US dollars. Companies were cautiously optimistic about this year's market, and the vast majority of the exhibitors expected the no or slight growth over last year.
As of April 19, the Fair received 125,440 offline overseas buyers from 212 countries and regions around the world, an increase of 23.2% over the same phase of the previous session. Among them, 85,682, that is, 68.3% buyers were from countries participating the "Belt and Road" initiative; and 28,902, 23% buyers were from member countries of the Regional Comprehensive Economic Partnership (RCEP); and 22,694, 18.1% buyers were from Europe and North American. According to the statement, the first phase of this session of Canton Fair received great attention from the global business community. The exhibition site was bustling with thousands of merchants, where exhibitors and buyers actively negotiated and placed orders, and what a promising "good start".
70 exhibitors from Huadu participated in the first phase of the 135th Canton Fair, where they had 142 booths (including 24 brand booths), displaying almost all categories of goods that could be found in the first phase. According to their feedback, the European and American merchants increased significantly, was good in quality; many of the potential customers visited their factories directly after the Fair, which undoubtedly would greatly increased the confidence of customers to place orders. Now, the second phase of the Canton Fair is in full swing, 45 exhibitors from the District have 106 booths (including 32 brand booths) in it, and 157 exhibitors will have 360 booths (including 108 brand booths) in the third phase (May 1-5). Huadu ranks first among the trading delegations of Guangzhou in this Canton Fair in terms of both numbers of exhibitors and booths.