The 127th Canton Fair Concludes, Establishing A New Trade Mechanism Online
PR84619
GUANGZHOU, China, July 2, 2020/PRNewswire=KYODO JBN/--
The 10-day 127th China Import and Export Fair (Canton Fair) concluded with
fruitful results and helped promote the development of international trade as
well as further opening up of trade amid the COVID-19 pandemic. The event
attracted registered buyers from a record-breaking 217 countries and regions.
Multichannel News Release:
https://www.multivu.com/players/English/8743251-127th-china-import-and-export-fair-canton-fair/
"The first virtual Canton Fair broke the limit of time and space for Chinese
and international companies to conduct trade cooperation and made great
contribution to stabilizing the global supply chain," said Xu Bing,
spokesperson for Canton Fair and Deputy Director General of China Foreign Trade
Centre.
Creating a new form of online exhibition, the 127th Canton Fair has established
an intelligent and efficient trade negotiation mechanism using digital
technology.
The more than 25,000 exhibitors leveraged a wide array of display options,
including graphics, video and 3D, to showcase their wares, in tandem with the
presentation of a number of global debuts and smart products. Buyers from
around the world, after visiting the exhibition hall, started conversations
with sellers on the spot about potential orders or booked appointments to
initiate a negotiation.
The live stream showroom launched at the fair provided exhibitors with
additional opportunities to engage in enhanced interactive experiences with
business partners. Exhibitors have applied customized live stream solutions to
present and highlight their competitiveness, for example, creating a virtual
reality showroom or displaying a factory's automated production line.
Exhibitors had the option of scheduling their live stream based on the client's
time zone, allowing for the optimization of the experience no matter whether
the client originated from the Americas, Europe, Asia Pacific, the Middle East
or Africa.
The 127th Canton Fair also provided support to exhibitors in their search for
win-win business opportunities through 24 promotional events and 64 new product
launch events. In one of the highlights of the fair, several leading Chinese
e-commerce companies co-hosted a sourcing briefing seminar that helped
establish a connection with more buyers by providing more detail.
In addition, the Canton Fair Product Design and Trade Promotion Centre (PDC)
hosted 13 themed cloud seminars and organized 20 cloud catwalks at which 33
fashion brands showcased their latest offerings.
Canton Fair will embrace a more diverse and connected world by launching its
128th edition from mid to late October, helping promote multilateral economic
exchanges and trade cooperation.
SOURCE: Canton Fair
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