The spring session of the Canton Fair, China’s largest trade fair, saw more overseas buyers and larger trade deals in comparison to last year’s autumn session, the event’s organizers said Sunday, indicating that trade may see a modest recovery this year.
The 113th session of the Canton Fair, which closed on Sunday, received 202,766 overseas purchasers, up 7.06 percent from the previous session held last October, fair spokesman Liu Jianjun said.
Nearly 25,000 companies, including 562 from 38 countries or regions such as the Republic of Korea and India, are attending the fair, China’s largest.
The fair, or China Import and Export Fair, will further promote the integration of the country’s economy with the world, the stabilization of exports and expansion of imports, said China’s Vice Minister of Commerce Li Jinzao.
The fair will focus on exports so as to realize the stable growth of China’s foreign trade, said Li. The country will try to enhance the competitiveness of domestic firms by technological innovations, cultivating home brands, improving quality of products and services, he added.