The 117th Canton Fair opened successfully yesterday, exhibitors from 13 countries and areas attended the exhibition. This time, the Canton Fair aims to introduce more importers to the Guangzhou Free Trade Zone.
The news spokesman declared:"The global economy is under depth adjustment.The competition is fierce,and Chinese pressure of the foreign trading is high. Chinese import-export volume of this January and February has fell by 2.3%."
"Taking all the situation into consideration,the amount of the oversea buyers may close to the level of last year`s. The volume of business will float in the normal range and keeps stable like last year."
Phenomenon One:
[The price of European Export have been forced to reduce]
"From last year to this year, the euro exchange rate against the RMB has fallen by more than 20%, many European customers bargain with us. Facing this reality, if the unit price do not reduce ,the competitiveness in the European market will fall, so we can only reduce the price by 10%."
Phenomenon Two:
[The SUR settlement suffers setback]
"The SUR exchange rate against the RMB is falling everyday, the factories are afraid to use SUR to settle the business.”
[statistcs]
Total Area: 1.18 million square metres Booth: 60228
Exhibitor: 24713
Export Booth:59277
Import Booth:957
pics from the internet
via Guangzhou Daily
Edited by HACOS,please indicate the resource before repost.
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