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101st Guangzhou Fair Concludes
Latest Updated by 2007-05-03 10:01:27

[Special Report] 101st Canton Fair>>>

The 101st Guangzhou Fair closed at 6 pm today. As of April 28, the Fair had a record 201,583 visitors.

Light industrial products and arts and crafts, which were the major exhibits at the 2nd stage of the Guangzhou Fair, saw a steady growth in transactions. As of April 27, transactions on such products had totaled USD 5.24 billion, up 5.93% year-on-year. According to the China Chamber of Commerce for Imports & Exports of Light Industrial Products and Arts and Crafts, Europe and the US are the primary destinations of the exports of these products.

At the 101st Guangzhou Fair, Africa enjoyed the largest increase in transactions, surging 29.81% year-on-year, the large growth rate among all continents, followed Oceania, whose transactions rose 18.81%. Europe and the US accounted for 39.8% and 17%, respectively, of the total transaction.

State-owned enterprises were the largest player at the Fair, accounting for 38.57% of the total deals, followed by private enterprises, with a 29% share of the deals signed. Foreign-invested enterprises and collectively-owned enterprises made up 16.56% and 2.3%, respectively, of the transactions. Foreign trade firms accounted for 45.67% of the total exports, followed by manufacturers and industrial trading enterprises.

Consumer goods and household utensils for everyday use proved the hottest commodities at the Fair, followed by porcelains and luggage.

Editor: Donald

By: english website
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