Canton Fair Experiences an Expansion in Trade with Belt and Road Countries

/ -- The recently-closed 125th China Import and Export Fair (Canton Fair or "the Fair") experienced an increase of the trade volume from the countries in the Belt and Road Initiative (BRI) of 9.9 percent, reaching USD 10.63 billion. Trade between BRI countries and China at the 125th Fair accounted for 35.8 percent of the total turnover. Buyers from BRI countries also increased by 0.5 percent with new buyers growing by 0.94 percent.

Xu Bing, Spokesperson of the Canton Fair and Deputy Director General of China Foreign Trade Centre, said, "Canton Fair has increased promotion in countries and regions along the BRI route, as trade connections are important to promoting business cooperation." Xu added, "The average number of buyers from BRI countries reached 80,000, accounting for 45 percent of the total amount. 8,198 exhibitors from BRI countries exhibited their products at Canton Fair; the largest group in the Fair's History."
China's connection with BRI designed for mutual trading and business benefit
Canton Fair and the expansion of global business
http://www.cantonfair.org.cn/en/index.aspx