Trade fair turns to virtual platform

James Kon

Local businesses interested in purchasing the latest quality products from China can participate in the 127th session of Canton Fair that will be conducted virtually following the COVID-19 situation.

With the theme ‘An Online Trade Platform Breaking through the Restrictions in Time and Space’, the 127th session of Canton Fair will be held online from June 18 to 24.

According to a statement by the Chinese Embassy in Brunei Darussalam, in adopting advanced information technology, the Canton Fair established an online exhibiting and matching platform on its official website. The platform will provide around-the-clock online services for product promotion, live streaming marketing, matchmaking, business negotiations and real time third-party activities display.

Some 25,000 exhibitors will showcase products on the platform in the corresponding sections according to category. Specific sections for exhibitors from impoverished areas of China are also provided.

The exhibition includes the National Pavilion and International Pavilion. There are 50 exhibition sections covering 16 major categories in the National Pavilion. Among them are electronics and household electrical appliances, lighting equipment, vehicles and spare parts, hardware and tools, machinery, building materials, chemical products, energy resources, consumer goods, gifts, textiles and garments, shoes, home decorations, office supplies, cases and bags, and recreation products, food, medicine, medical devices and health products.

The International Pavilion displays six major categories – electronics and household electrical appliances, building materials and hardware, machinery equipment, food and drink, household items, fabrics and home textiles.

By registering an account and logging in to the official website of the Canton Fair, the latest information and official announcements can be seen. The online calendar shows the live events including the opening ceremony, industry summit and new product launches. Subscribers will receive live stream reminders.

ABOVE & BELOW: Photos show the Canton Fair, also known as The China Import and Export Fair, in Guangzhou, China last year. PHOTOS: CHINESE EMASSY IN BRUNEI DARUSSALAM

Purchasers can find specific exhibitors and exhibits through targetted search or intelligent matching, and watch the live streams of exhibitors to have a quick picture of the exhibitors and their showcase as well.

Purchasers can interact with exhibitors through instant messaging tools and live streams. Both parties can make an appointment for a video conference. The Canton Fair official website supports up to five million one-to-one, around-clock online negotiation rooms, making the dealing barrier free.

As the outbreak keeps spreading globally, the impact on the global economy and trade continues. Under the circumstances, aided by information technology, holding successfully the 127th session of Canton Fair which serves as an economic and trade platform for global business demonstrates China, as a responsible major country, is determined to promote the economic globalisation and build a community with a shared future for mankind.

The Canton Fair, also known as The China Import and Export Fair, is a comprehensive international trading event with the longest history, the largest scale, the most complete exhibit variety, the largest attendance, the most widely distributed buyers, the greatest business turnover and best credibility in China.

After 63 years of reform and innovative development, the Canton Fair withstood various challenges though never been interrupted, while enhancing trade connections between China and the world. This year, due to COVID-19, the 127th session of the Canton Fair will be held online. Powered by advanced information technology, the Canton Fair will provide around-the-clock online services enabling both Chinese and international businessmen to place orders remotely.

The Canton Fair, established in the spring of 1957, is held every spring and autumn in Guangzhou, China. It is co-hosted by the Ministry of Commerce of the People’s Republic of China and the People’s Government of Guangdong Province, and organised by the China Foreign Trade Centre. Famous for its culture, long history and brand heritage, the Canton Fair has become a gold bridge of trade and friendship. Every year, merchants from all over the world gather in Guangzhou, doing business and improving relationship.

Currently, the Canton Fair Complex is the second largest in Asia with an exhibition space totalling 1.185 million square metres. The Canton Fair has built sound partnership with over 24,000 outstanding Chinese foreign trade companies. In each session, the number of exhibitors from home and abroad stands at nearly 25,000, and about 200,000 buyers attend the fair from more than 210 countries and regions.

There were 60,676 standard booths in the previous session, the business turnover was about USD29.29 billion, and 25,000 National Pavilion exhibitors, 642 International Pavilion exhibitors and 186,000 overseas buyers attended the Fair. Up to the 126th session, the accumulated export volume has amounted to about USD1.4126 trillion and the number of overseas buyers reached 8.99 million.

At present, the Canton Fair serves as a foremost platform to promote China’s foreign trade, and a barometer of the foreign trade sector. It is also a window, epitome and symbol of China’s opening up.

The public can visit www.cantonfair.org.cn for more information.