(ECNS) — The 137th session of the China Import and Export Honest (often known as the Canton Honest) opened on Tuesday in Guangzhou, Guangdong Province, with sturdy attendance, underscoring the resilience and vitality of China’s overseas commerce.

Official information confirmed that 64,530 abroad patrons attended the truthful in individual on its opening day, up 8.9 p.c 12 months on 12 months — the best determine for a similar interval within the truthful’s historical past.

Thought to be a barometer and weathervane of China’s overseas commerce, this version of the Canton Honest spans 1.55 million sq. meters and options round 31,000 exhibitors and 200,000 abroad patrons.

Zhang Sihong, deputy director of the China Overseas Commerce Centre, stated the variety of abroad purchaser pre-registrations, together with sturdy lodge and flight bookings, signifies secure and high-quality development in attendance.

The Canton Honest stays a key driver of worldwide commerce, stated Andre Rocha, president of the Federation of Industries of the State of Goias, Brazil. Right here, we acquire insights into world tendencies, rising applied sciences, and sensible options that may assist increase industrial growth, he stated.

Within the house home equipment part, Liao Shixing, normal supervisor of abroad advertising and marketing at Guangdong-based Chigo Air Conditioning, launched good residential and industrial air con merchandise to overseas patrons. “Chinese language house home equipment supply unmatched benefits in high quality, worth, and manufacturing scale — a mixture not simply replicated elsewhere,” he stated, noting the corporate’s stable market base in ASEAN, Europe, and the Center East.

Folks go to the 137th China Import and Export Honest, or the Canton Honest, in Guangzhou, south China’s Guangdong Province, April 15, 2025. (Photograph: China Information Service/Chen Chuhong)

“The Canton Honest’s position has turn out to be much more distinguished amid at this time’s advanced world financial panorama,” stated Peng Peng, government president of the Guangdong Institute of Reform. He recommended that the truthful might shift extra focus towards ASEAN and EU markets, whereas additionally deepening engagement with BRICS and Belt and Street international locations. He added that numerous promotional actions on the truthful can assist uncover new potential patrons.

Regardless of rising exterior uncertainties, China’s overseas commerce continues to indicate sturdy resilience. Within the first quarter of 2024, complete items commerce rose 1.3 p.c 12 months on 12 months to 10.3 trillion yuan (about 1.41 trillion U.S. {dollars}). In line with the Basic Administration of Customs, commerce with Belt and Street associate international locations reached 5.26 trillion yuan, up 2.2 p.c and accounting for 51.1 p.c of complete commerce. Commerce with ASEAN grew 7.1 p.c to 1.71 trillion yuan.

The Canton Honest additionally serves as a platform for world companies to share in China’s growth alternatives and pursue mutual advantages. This session’s import exhibition contains round 1,600 cubicles, with 736 corporations from 50 international locations and areas taking part — additional increasing entry to the Chinese language market.

Because the world’s largest manufacturing hub and second-largest financial system, China presents huge manufacturing capability and market potential, stated Peng. “It is a actuality no world financial system can afford to miss.”

(By Zhao Li)