The 113th Canton Fair Opens Today
2013-April-15 Source:
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The 113th Canton Fair, officially the China Import and Export Fair, China's largest biannual trade fair and a barometer of its exports, opened today (April 15) in Guangzhou. The session will run till May 5.

According to China Daily, Liu Jianjun, spokesman for the Canton Fair and deputy director of the China Foreign Trade Center, told media on a briefing that the value of deals signed at China's flagship trade fair may be on par with the previous session, which suggests improving sentiment about the world's biggest exporter.

"Last year was the most difficult year for Chinese exporters," Liu said.

"As China's economy picks up, exporters commonly agree that the situation will be better in 2013 in view of the improvement in overseas orders," Liu said.

"The number of overseas buyers at this session, according to our monitoring, is expected to edge up, and the value of export deals will be equal to that of the last session," Liu said.

He said uncertainties such as the H7N9 bird flu may take a toll on exports. However, the organizer had made an emergency plan and medical center in the fair has opened on April 10.

The last session of the Canton Fair, held in November, saw overseas buyers decrease by 10.3 percent to 188,000, while the value of export deals declined by 9.3 percent to $32.68 billion.



Editor: Jecey
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