The ongoing the pandemic that is sweeping the globe has forced the postponement of the 127th edition of the Canton Fair. The announcement was made on 23rd Mar by authorities in Guangdong and it is unclear when the exhibition will actually take place.
The move does make sense, that the move was in line with the government’s request to help control the spread of virus.
Canton Fair (China Import and Export Fair) is the largest trade fair in China and with a great impact on international trade. More than 25,000 exhibitors, about 200,000 buyers will attend the fair twice (Spring and Autumn) a year, each is divided into three phases. Phase 1 of Canton Fair Spring 2020 was expected to officially kick off on April 15.
Indeed, the supply chain and offline business will be impacted by it so much. Even some bad influence may happen for the future business. The problems you would face with: can’t source & watch products from exhibitors by your own; can’t visit and inspect the suppliers you are going to cooperate with; hard to find new suppliers for alternative; have no idea about what’s new and what’s the trend.
As the large exhibition postponed, it’s no doubt that the suppliers’ business will be impacted deeply. Can’t meet potential clients; can’t to promote products to global visitors; can’t know the popular products for buyers.
The exhibition trade is under the risks of getting infection because of the epidemic. However, as an alternative of exhibition, online business is becoming popular around the world.
But how much could online business replace the exhibition trade? You can get the answer from BuildMost. As a vertical B2B platform of Furnishing & Building Materials, BuildMost not only can provide an infection-free way for buyers to source products, but also can help suppliers to promotion their goods.
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