GLOBALink | China's 131st Canton Fair sees new records-Xinhua

GLOBALink | China's 131st Canton Fair sees new records

Source: Xinhua

Editor: huaxia

2022-04-24 16:36:32

China's time-honored trade fair, the China Import and Export Fair, concluded its 131st biannual session on Sunday in the southern Chinese city of Guangzhou with many new records.   

The 10-day-long event, also known as Canton Fair, attracted a record-high 25,000-plus domestic and overseas exhibitors with over 2.9 million exhibits displayed online.

Over 30 percent of the exhibits made their debut while over 480,000 exhibits featured green and low carbon.

Facing the COVID-19 resurgence, China has been making all-out efforts to balance economic growth and epidemic control.

The total import and export volume of China's foreign trade in the first quarter registered about 1.48 trillion U.S. dollars, up 10.7 percent year on year.

China's foreign direct investment (FDI), in actual use, reached around 58.4 billion U.S. dollars in the first quarter of this year, up 25.6 percent year on year.

The president of the American Chamber of Commerce in South China said foreign companies have confidence in China.


Produced by Xinhua Global Service

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