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Wuxi enterprises eye more opportunities at Canton Fair

Updated : 2023-04-17
(en.wuxi.gov.cn)

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The 133rd China Import and Export Fair is unveiled in Guangzhou on April 15. [Photo/Wuxi Daily]

Nearly 400 enterprises from Wuxi in East China's Jiangsu province are participating in the ongoing 133rd China Import and Export Fair, also known as the Canton Fair, which is being held in Guangzhou, Guangdong province, from April 15 to May 5.

The 393 Wuxi exhibitors, including 93 businesses who are attending the fair for the first time, have set up 719 booths, with the number of participating exhibitors and booths hitting a record high.

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A signing ceremony between a Wuxi enterprise and foreign buyer is held during the Canton Fair. [Photo/Wuxi Daily]

On the first two days of the fair, the Wuxi delegation inked agreements of purchase intent worth $40 million.

Yadea Technology Group Co Ltd debuted its electric vehicles, while Jiangsu Hengtai Yitong Amperex Technology Co Ltd, which is expected to secure orders worth up to $1.2 million at the fair, attracted numerous foreign visitors with EV charging piles.

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Booth of Yadea Technology Group Co Ltd at the Canton Fair. [Photo/Wuxi Daily]

Wuxi authorities this year launched a campaign to help local foreign trade enterprises participate in exhibitions and fairs overseas.

Statistics show that in the first quarter, the city arranged for about 300 businesses to attend overseas exhibitions, including the European Coatings Show in Germany and the new energy exhibition Genera 2023 in Spain.

The Canton Fair is held twice a year in Guangzhou. A total of 370,000 visits were registered on the first day of its 133rd session, with 67,000 of those from foreign vendors and buyers, according to the organizers.

The fair also offers online services for product promotion and matching and business negotiations, enabling both Chinese and international businesses to land orders remotely.


     
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