Canton is the ancient name for the city of Guangzhou, the epicenter of the Chinese manufacturing juggernaut. It’s also home to the China Import & Export Fair, or “Canton Fair,” which serves as a good indicator of China’s foreign trade activity.
Most Americans have never heard of the Canton Fair. But as a global-minded investor, it’s something you can’t afford to miss … even if you can’t attend this event in-person.
That’s because it’s the largest trade fair in the world, where thousands of manufacturers, businessmen and merchants gather to conduct business.
The Canton Fair has been held in the spring and fall since 1957. It has the largest assortment of products, the highest attendance and the largest number of business deals made at any trade show on the planet.
Guangzhou Prodigy Daily-Production Co., Ltd enjoyed great success at the 113th Canton Fair. Launching a number of new baby safety item designs at the 113th Canton Fair, Guangzhou Prodigy’s high quality products attracted more attention from buyers. The number of potential buyers compared to last year increased greatly with a more than 45% growth.
This event, the 113th of its kind, featured 22,000 exhibitors and 202,000 buyers from more than 200 countries. They gathered in Guangzhou to find everything from industrial products, textiles and garments, medicines and health products, gifts and consumer goods.
Quite simply, the Canton Fair is the single-most-important business event of the year in China.