File photo (by Lu Hanxin/Xinhua)The Phase I of Canton Fair ended yesterday, and the contract value of mechanical and electrical products for the first 3 days was 6.97 billion USD, up 8% year on year while 7 companies have signed deals over 100 million RMB each. According to statistics, sales of key industries as household appliances, computers, communication devices, and machines were also satisfactory.
During the first 3 days, about 89 thousand merchants participated, down by 4% compared with last year. Yet, the bestseller, mechanical and electrical products, has seen transactions rose to 6.97 billion USD, from 6.44 billion USD last year. It is said normally the transactions of mechanical and electrical products take up about 40% of the total transaction of Canton Fair.
Sales of household appliances, computers, communication devices, and machines had good records, and the transactions of household appliances have increased 9% from last year and taken up 37.2% of total deals; consumer electronics has risen 73.5% to a component of 3.9%; computers and communication devices up by 12.4% to 5.4%.
For machines, metal-working machines, construction machinery, and light industrial machinery have respectively risen 15.1%, 14%, and 108%.
Among vehicles, the sales of bicycle have risen 41.6% while car and the chassis 8.7%.