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China Import and Export Fair opens in Guangzhou

A businessman selects packing equipment during the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province, April 15, 2018. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Lu Hanxin)

China's largest trade fair opened its 123rd session Sunday in south China's Guangdong Province, attracting more than 25,000 companies as exhibitors.

The biannual China Import and Export Fair, also known as the Canton Fair, is considered as a barometer of China's foreign trade.

Xu Bing, the fair's spokesperson, said buyers from more than 210 countries and regions are expected to attend the fair, with the total number of buyers to level with the previous session.

The first phase of the fair, which runs from April 15 to April 19, features products including home appliances, electronics and hardware, with major brands such as Haier and Midea showcasing their latest models.

The fair also features an exhibition area for imports, with more than 600 companies from 34 countries and regions to exhibit at around 1,000 booths.

Latest data from the General Administration of Customs (GAC) showed that China registered sound growth in foreign trade for the first quarter, with trade surplus shrinking.

The country's goods exports rose 7.4 percent year on year in the first three months while imports grew 11.7 percent.

Trade surplus stood at 326.18 billion yuan (about 51.85 billion U.S. dollars), a 21.8 percent drop year on year, GAC data showed.


A businessman selects electronic products during the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province, April 15, 2018. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Lu Hanxin)


A businessman selects car parts during the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province, April 15, 2018. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Lu Hanxin)


A businessman selects machines during the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province, April 15, 2018. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Lu Hanxin)


Photo taken on April 15, 2018 shows the exhibition hall of the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Lu Hanxin)


Businessmen select fork lifts during the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province, April 15, 2018. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Lu Hanxin)


Businessmen select home appliances during the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province, April 15, 2018. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Liang Xu)


Businessmen select goods during the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province, April 15, 2018. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Liang Xu)


A businessman selects home appliances during the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province, April 15, 2018. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Liang Xu)


A businessman selects air conditioner during the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province, April 15, 2018. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Liang Xu)


A businessman negotiates during the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province, April 15, 2018. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Liang Xu)


Photo taken on April 15, 2018 shows the exhibition hall of the China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province. The fair, with more than 25,000 exhibiting companies from at home and abroad, opened here on Sunday. (Xinhua/Liang Xu)

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