Today is the last day of the first phase of this year’s Canton Fair. This year’s Canton Fair, with the theme of “serving high-quality development and promoting high-level opening up”, will be held in three phases from October 15th to November 4th in Guangzhou. The three phases will focus on the themes of “advanced manufacturing”, “quality home”, and “beautiful life”, and attract new high-quality productivity.

This year’s Canton Fair will hold about 400 new product launch events, an increase of over 30% compared to the previous edition. This year’s Canton Fair has also optimized the cross-border e-commerce display area and trade service area, providing exhibitors with full chain trade services.

213 companies from 28 countries and regions participated in the first phase

In the Canton Fair, a large platform where “thousands of merchants gather”, more and more enterprises can fully showcase their products, seek business opportunities, and achieve mutual benefit and win-win results. Among them, there are not only a large number of high-quality Chinese enterprises, but also many internationally renowned brands. The Canton Fair continued to set up import exhibitions in three exhibition periods. The first period attracted 213 enterprises from 28 countries and regions, including South Korea, Türkiye, Egypt, Malaysia, Vietnam, to participate in the fair, focusing on electronic appliances, hardware tools, mechanical equipment and other products. What are the highlights of the import exhibition? What benefits do international exhibitors who come to participate in the exhibition have?

Qin Qianming, a reporter from the headquarters: I am currently in the import exhibition area of the Canton Fair exhibition hall. Although the countdown to the end of the first phase has begun, we can see that the enthusiasm of the buyers has not diminished at all. Everyone is still working hard in the last few hours to understand the products and communicate details. Many people are carrying suitcases full of samples, which can be said to be a fruitful harvest.

International renowned enterprises gather together with distinctive features

Qin Qianming, a reporter from the headquarters: The exhibits of the first import exhibition mainly focus on high-end manufacturing fields such as electronic home appliances and hardware tools, gathering many industry-leading enterprises, including some of the Fortune 500 companies and influential local brands in various countries. It makes me feel like a ‘Huashan Forum on Swords’, where everyone showcases their skills on the international platform of the Canton Fair. This also indicates that more and more international companies are recognizing and valuing the unlimited business opportunities contained in the Canton Fair.

Qin Qianming, a reporter from the headquarters: During my exploration of the exhibition hall, I also discovered that the exhibits and booths of the import exhibition have very regional characteristics: Japanese home appliance companies that focus on “nostalgia and retro” bring fans with an 80s atmosphere; Korean home appliances tend to emphasize simplicity and fashion in their design; The booth for American hardware tools is filled with a metallic and industrial feel; Italian kitchenware, on the other hand, is more bold and unconventional in color.

International platform links global innovative products to explore business opportunities

Qin Qianming, a reporter from the headquarters: Among these dazzling products, there are also some new products that are eye-catching. The seemingly ordinary small brush in my hand is actually a capacitive pen. Unlike previous capacitive pens, which have a hard touch, using it to click on the screen of electronic products such as mobile phones and tablets can display more delicate strokes, allowing consumers to create art anytime and anywhere. It comes from a Korean company that is participating in the Canton Fair for the first time. The exhibitor told me that they have been in contact with buyers from all over the world in the past few days and have even received many interested orders. This oven not only has two independent zones, but also two induction cookers and two natural gas stoves on the top. We can use it to cook multiple dishes at the same time, greatly saving cooking time. This oven is from a kitchen appliance enterprise in Türkiye, and they are also “old friends” who have participated in the Canton Fair for 20 consecutive years. The “flagship products” brought this time not only attracted domestic and foreign buyers, but also domestic exhibitors in the same industry to exchange and learn from them, learn from others’ strengths, and seek more possibilities for cooperation. From these ‘new and old friends’, I deeply feel that the Canton Fair is not only a grand event for trading, but also a world stage for enterprises to connect with the world.

Diversified online and offline displays allow consumers to enjoy tax benefits and convenience

Qin Qianming, a reporter from the headquarters: In addition to introducing new products, many products have also been launched simultaneously and entered the domestic market. Many foreign exhibitors told me that their new products have achieved good sales online in recent days, which is also due to the tax preferential policies of the Canton Fair for imported exhibits. The Ministry of Commerce exempts imported exhibits within the tax-free quota sold during the exhibition period from import tariffs, import value-added tax, and consumption tax, allowing consumers to enjoy tangible benefits.

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