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The 112th Canton Fair “Sustaining Global Trade in Difficult Times”

GUANGZHOU, China, Nov. 15, 2012 /PRNewswire — Despite ongoing economic problems in Europe and America, the 112th session of the Canton Fair, which closed on November 4, has displayed a remarkable resilience. While the number of participants and turnover fell around 10 percent compared to the spring session, the percentage of repeat visitors rose over 8 percent, underlining the great commercial value of the event and its importance as a buttress for sustaining global trade.

The number of overseas buyers at the fair – taken to be a reliable indicator of China’s export situation – highlights weak global demand, as a lacklustre recovery is hampered by the eurozone debt crisis. However, the Canton Fair remains the best gateway into the Chinese market, and attendees continue to value the opportunities it presents, both in terms of business intelligence and the quality products on offer.

A German garden machinery supplier attending the fair said that although he hadn’t experienced a domestic decrease in sales, he was under pressure to cut prices. “I’m looking for good prices from suppliers in China because my customers have become far more price-conscious,” he explained.

Ulrik Fredikson, an executive from a Swedish car-accessory company, said his company had also been feeling the pinch, with sales down 25 per cent year-on-year. “Instead of going through a middleman, who will hike prices by 20 per cent, I’d rather buy directly from manufacturers here at the fair,” said Fredrikson.

Companies from developing countries, especially BRICS nations, demonstrated a strong desire for economic cooperation at the fair. Many were optimistic that increasing trade between BRICS nations could counter the recent decline of sales in more traditional markets.

With Brazil set to host the World Cup and Olympics soon, opportunities now abound for Chinese companies in the Brazilian market. A forum at the Canton Fair to help Chinese companies familiarize themselves with Brazil’s business environment was attended by 400 visitors.

ChinaInvest, a Brazilian investment and consulting firm, purchased large quantities of building materials for South American construction contractors at the fair. The firm’s president, Thomas Machado, said he expected to buy 30% more materials from China this year, with a 15% rise in overall prices. “Better quality convinced me to buy Chinese goods, despite China’s rising raw material and labor costs,” said Machado.

For further information please visit: http://www.cantonfair.org.cn/en/index.asp

112 واں کینٹن میلہ “غیر ملکی شرکا کی مدد سے اہم تجارت کو فروغ دے رہا ہے”

گوانگ چو، چین، یکم اکتوبر/پی آرنیوزوائر/۔۔

رواں سال کے وسط-خزاں میلے کا جشن منانے کے لیے 19 ستمبر کو گوانگ ڈونگ کے دارالحکومت میں عمدہ عشائیے و تفریح پر مشتمل اک شام منائی گئی جس میں گوانگ چو میں قائم 25 غیر ملکی قونصل خانوں کی معزز شخصیات نے شرکت کی۔ یہ چاند میلہ (مون فیسٹیول) کے نام سے بھی معروف ہے، یہ مشہور میلہ دو ہزار سے زائد سالوں سے چینی تقویم کا حصہ رہا ہے۔

چائنا فارن ٹریڈ سینٹر اور گوانگ ڈونگ صوبے کے دفتر امور خارجہ کی جانب سے مشترکہ طور پر منعقدہ اس تقریب کا مقصد کینٹن میلے کے طویل المیعاد  ساتھ پر شرکا کا شکریہ ادا کرنا تھا۔ شیتو ریور اسٹار ہوٹل کی ایک بادبانی کشتی میں منعقدہ اس انتہائی پرلطف شام میں چائناز فارن ٹریڈ سینٹر کے ڈائریکٹر وانگ چی پنگ، سینٹر کے ڈپٹی ڈائریکٹر لیو جیانجن، اور صوبہ گوانگ ڈونگ کے دفتر امور خارجہ کے ڈپٹی ڈائریکٹر لی جیان نے بھی شرکت کی۔

تقریب سے خطاب کرتے ہوئے لی جیان نے تمام قونصل خانوں، اور ان کے متعلقہ ممالک کے کاروباری اداروں کا شکریہ ادا کیا، جن کی مدد سے گزشتہ سالوں میں کینٹن میلے نے خوب ترقی پائی ہے۔ وانگ چی پنگ نے بتایا کہ 111 ویں کینٹن میلے میں ایک لاکھ 20 ہزار خریدار (کل کا 60 فیصد) ان ممالک سے تعلق رکھتے تھے جن کے قونصل خانے گوانگ چو میں موجود ہیں۔ انہوں نے 112 ویں کینٹن میلے کے لیے تمام مہمانوں کا پرجوش خیرمقدم کیا، اور توقع ظاہر کی کہ کہیں زیادہ غیر ملکی خریدار اور نمائش کنندگان شرکت کریں گے۔

عالمی معیشت میں عمومی زوال کے باوجود کینٹن میلہ، اپنی 55 سالہ تاریخ کے ساتھ، ایک انتہائی منافع بخش اور مشہور میلہ ہے۔ کاروباری سودوں کے بے مثال حجم کی تخلیق اور ایک ملین مربع میٹر سے زائد کے نمائشی علاقے کے ساتھ یہ میلہ بڑے پیمانے پر چینی مارکیٹ میں داخلے کا دروازہ سمجھا جاتا ہے۔ مئی میں ختم ہونے والے 111 ویں میلے نے دنیا بھر سے دو لاکھ 10 ہزار سے زائد خریداروں کی توجہ مبذول کرائی، اور بین الاقوامی تجارت کو تقویت دینے میں اہم کردار ادا کر رہا ہے۔

کینٹن میلہ باقی دنیا کے ساتھ چین کے اقتصادی تعلقات کو مضبوط کر چکا ہے اور گوانگ چو کے قونصل خانوں نے اس عمل میں اپنا کردار ادا کیا ہے۔ قونصل خانے کے عملے نے اہم تقریبات میں شرکت کی اور میلے کا دورہ کرنے والے تجارتی گروہوں کا ساتھ دیا۔ چائنا فارن ٹریڈ سینٹر کے ساتھ مل کر کام کر کے قونصل خانوں نے  میلے کے فروغ اور غیر ملکی اداروں کی شرکت میں بڑے پیمانے پر اضافے میں بھی مدد دی۔

112 واں کینٹن میلہ 15 اکتوبر سے 4 نومبر 2012ء تک منعقد ہوگا۔

مزید معلومات کے لیے ملاحظہ کیجیے: http://www.cantonfair.org.cn/en/index.asp

ذریعہ: چائنا فارن ٹریڈ سینٹر (CFTC)

 

The 112th Canton Fair

“Stimulating vital trade with help from foreign participants”

GUANGZHOU, China, Oct. 1, 2012 /PRNewswire — Attended by dignitaries from 25 Guangzhou-based foreign consulates, an evening of fine dining and entertainment was successfully held on Sept. 19 in the Guangdong capital to celebrate this year’s mid-Autumn Festival. Also known as the Moon Festival, this popular festival has been part of the Chinese calendar for more than 2,000 years.

Co-organized by the China Foreign Trade Centre and the Foreign Affairs Office of Guangdong Province, the event was intended to thank participants for their long-term support of the Canton Fair. Taking place aboard a yacht of the Chateau Star River Hotel, the highly enjoyable evening was also attended by Wang Zhiping, Director of China’s Foreign Trade Center, Liu Jianjun, Deputy Director of the Center, and Li Jian, Deputy Director of the Foreign Affairs Office of Guangdong Province.

Addressing the event, Li Jian thanked each of the consulates, and businesses from their respective countries, for helping the Canton Fair thrive over the years. In his speech, Wang Zhiping noted that 120,000 buyers (60% of the total) at the 111thinstallment of the Canton Fair came from countries with consulates in Guangzhou. He extended a warm invitation to all guests to attend the 112th Canton Fair, and sincerely hoped that even more overseas buyers and exhibitors would be attending.

Despite the general downturn in the global economy, the Canton Fair, with its 55-year history, remains a highly profitable and prestigious event. Generating an unrivalled volume of business transactions and boasting a vast exhibition area of more than 1 million square meters, it is widely regarded as the best gateway into the Chinese market. Ending in May, the 111th session of the Fair attracted over 210,000 buyers from all over the world, playing an important role in sustaining international trade.

The Canton Fair has strengthened China’s economic ties with the rest of the world, and Guangzhou’s consulates have played their part in this process. Consulate staff regularly attend important ceremonies and accompany commercial groups as they visit the Fair. By working closely with the China Foreign Trade Center, consulates also help promote the Fair and significantly boost the participation of overseas companies.

The 112th installment of the Canton Fair will run from Oct. 15 – Nov. 4, 2012.

For further information please visit: http://www.cantonfair.org.cn/en/index.asp

SOURCE:  China Foreign Trade Centre (CFTC)

The 112th Canton Fair “Stimulating vital trade with help from foreign participants”

GUANGZHOU, China, Oct. 1, 2012 /PRNewswire — Attended by dignitaries from 25 Guangzhou-based foreign consulates, an evening of fine dining and entertainment was successfully held on Sept. 19 in the Guangdong capital to celebrate this year’s mid-Autumn Festival. Also known as the Moon Festival, this popular festival has been part of the Chinese calendar for more than 2,000 years.

Co-organized by the China Foreign Trade Centre and the Foreign Affairs Office of Guangdong Province, the event was intended to thank participants for their long-term support of the Canton Fair. Taking place aboard a yacht of the Chateau Star River Hotel, the highly enjoyable evening was also attended by Wang Zhiping, Director of China’s Foreign Trade Center, Liu Jianjun, Deputy Director of the Center, and Li Jian, Deputy Director of the Foreign Affairs Office of Guangdong Province.

Addressing the event, Li Jian thanked each of the consulates, and businesses from their respective countries, for helping the Canton Fair thrive over the years. In his speech, Wang Zhiping noted that 120,000 buyers (60% of the total) at the 111thinstallment of the Canton Fair came from countries with consulates in Guangzhou. He extended a warm invitation to all guests to attend the 112th Canton Fair, and sincerely hoped that even more overseas buyers and exhibitors would be attending.

Despite the general downturn in the global economy, the Canton Fair, with its 55-year history, remains a highly profitable and prestigious event. Generating an unrivalled volume of business transactions and boasting a vast exhibition area of more than 1 million square meters, it is widely regarded as the best gateway into the Chinese market. Ending in May, the 111th session of the Fair attracted over 210,000 buyers from all over the world, playing an important role in sustaining international trade.

The Canton Fair has strengthened China’s economic ties with the rest of the world, and Guangzhou’s consulates have played their part in this process. Consulate staff regularly attend important ceremonies and accompany commercial groups as they visit the Fair. By working closely with the China Foreign Trade Center, consulates also help promote the Fair and significantly boost the participation of overseas companies.

The 112th installment of the Canton Fair will run from Oct. 15 – Nov. 4, 2012.

For further information please visit: http://www.cantonfair.org.cn/en/index.asp

SOURCE:  China Foreign Trade Centre (CFTC)

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