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Hi-tech Enterprises Shine at Canton Fair
The 23-day 105th China Import and Export Fair (the Canton Fair) opened on April 15th at Pazhou Complex, Guangzhou. It offers a perfect platform for business negotiation and cooperation between Chinese exporters and foreign purchasers.

SHENZHEN, CHINA, April 25, 2009 /24-7PressRelease/ -- The crisis has taken its toll on the Chinese export. As the foreign demand fell, the export turnover, one of the three engines driving the Chinese economy, also dropped, greatly affecting the overall economic growth. The opening of the fair at this juncture is of considerable significance, offering a perfect platform for business negotiation and cooperation between Chinese exporters and foreign purchasers.

Like the previous session, the 105th session is also split into three phases. 22104 enterprises both from home and abroad are presenting themselves in 55885 standard booths covering an exhibition space of 1.125 million square meters. A total of 21709 domestic enterprises are exhibiting in 55272 export booths covering a total exhibition space of 1.11 million square meters. Although the total exhibition space remains the same, the average space for each exhibitor has become larger.

Like in the last session, in this session of the Canton Fair, the exhibitors are grouped both by their nationalities and by their exhibited products. The difference is the space allocation. In the previous sessions, consumer products occupied major part of the exhibition space; while in this session, industrial products are taking precedence over consumer products, which attests to the importance the government attaches to industrial and hi-tech enterprises. This shift of focus is also in line with the policy of boosting domestic demand put forward by the central government last year, as well as the Ten-industry Revival Plan announced early this year, in which government¡¯s support to transformation GBP?upgrading of industrial enterprises is a major highlight. Industrial automation, which is indispensable for both infrastructure construction and projects for people's well-being, plays a key role in driving economic growth.

The shift could also explain why so many hi-tech enterprises have shown up in this session of the Canton Fair. Among them is EVOC Group, an IPC manufacturer based in Shenzhen, who has taken four booths at the fair. Not much affected by the economic crisis like many other exporters, EVOC puts more emphasis on export this year following its initial success in the overseas market. For Chinese hi-tech enterprises like EVOC, the Canton Fair is a convenient platform to tap into global market.

In order to provide more business opportunities and better support to enterprises in their efforts to expand export, this session of the Canton Fair has cut exhibition fees substantially to alleviate the financial burden on exhibitors. The organizers have been urging the innovative, brand-owning and competitive enterprises to participate in the fair, and encouraging them to exhibit ¡°competitive, brand-name and brand-new¡± products, with a view to giving purchasers broader selection and achieving higher turnover.

Although the export market situation is still not good, some positive factors are looming on the horizon. The governments at all levels are making efforts to make export stable, and a series of policies and measures have been introduced and are taking positive effects. It is believed that the brand influence and competitiveness of the Canton Fair accumulated over time would attract more foreign purchasers and provide domestic enterprises with more business opportunities. The Canton Fair, also known as China¡¯s No. 1 fair, will continue to function as a communication platform for international trade and drive further the export growth of China.

Press Release Contact Information:

Rebecca Choi
EVOC Intelligent Technology
Overseas Marketing Manager
No. 31, Gaoxin Central Avenue 4th, Nanshan District
Shenzhen, Guangdong
China 518057
Voice: +86-755-86255066
Website: Visit Our Website

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