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Canton Fair 2021-04-15 886 0

The 129th Canton Fair Held Opening Press Conference

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Reference:CGTN | Updated:15 April 2021

The Press Conference for the opening of the 129th China Import and Export Fair was held in Canton Fair Complex in the morning of April 14. Mr. Xu Bing, spokesperson of the Canton Fair, Deputy Director General of China Foreign Trade Centre, introduced the characteristics, highlights and preparation of this session to press from home and abroad.

Xu Bing said that 2020 was an extraordinary year. An epidemic unseen in a century spread across the world, hampering international economic and trade exchanges. To coordinate epidemic prevention and control and economic and social development, the 127th and 128th Canton Fair were held online; each session, about 26,000 exhibitors from home and abroad participated in the Fair, and buyers from over 220 countries and regions registered, attended, and conducted online negotiations. The two virtual sessions maintained trade exchanges between Chinese and overseas companies, and made contributions to stabilizing the fundamentals of foreign trade and investment and smoothing the industrial and supply chain of foreign trade. Since the epidemic has not been controlled at the global level, preventing the coronavirus from re-entering China to cause a new epidemic is still our top priority. As approved by the State Council, the 129th Canton Fair will be held online from April 15 to 24.

Xu Bing said the year 2021 marks the 100th anniversary of the founding of the Communist Party of China and the start of the 14th Five-Year Plan and the new journey of building a modern socialist country in all respects. At this special and crucial period, it is of great significance to make the Canton Fair a success. Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will follow the instructions of President Xi's congratulatory letter and implement decisions and policies made by the CPC Central Committee and State Council to stabilize foreign trade. Under the leadership of the party group of the Ministry of Commerce, we have made efforts to coordinate epidemic prevention and control and economic and social development, brought Canton Fair into full play as a platform for all-round opening up, and made use of domestic and overseas markets and resources at a higher level, so as to promote stable progress and innovative development of foreign trade, and help foster a new development pattern.

Xu Bing introduced that we have made solid efforts to organize the Fair and provide a feast of “Made in China”. The following columns continues to be set up on the platform, including Exhibitors and Products, Global Business Matchmaking, Exhibitors On Live, News and Events, Services and Support, Cross-border E-commerce Zone. The virtual platform will officially go online at 9:00 am on April 15. The overall scale remains stable. There are 50 exhibition sections under 16 product categories, including electronics and household electrical appliances, machinery, building materials, consumer goods, home decorations, textiles and garments, and so on. About 26,000 domestic and overseas exhibitors will come up online with nearly 60,000 virtual booths. The number of products hits a new high. Exhibitors are active in uploading products. As of now, over 2.7 million products have been uploaded, setting a record high with an increase of 230,000 products compared to the last session. Various new, smart, high-tech products with self-marketing, self-owned IP and brands will make their debut, including about 820,000 new products. Exhibitors will display products in text, picture, video, 3D and VR format, offering global buyers a feast of “Made in China” and “Created in China”. The zone “Rural Vitalization” will be set up. In order to consolidate gains of poverty eradication and ensure a smooth transition into rural vitalization, the 129th Canton Fair designates a special zone for 1,160 companies from formerly poor regions, enabling them to participate for free. The zone includes 49 exhibition sections, aiming to play Canton Fair’s role of helping companies in rural areas to explore the international market and boost rural vitalization. Fees for participation are exempted. As a response to policies of cutting taxes and fees to help enterprises address difficulties introduced by the CPC Central Committee and the State Council, the 129th Canton Fair will not levy fees on companies and cross-border e-commerce platforms for participation, giving them a leg up in expanding markets.

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