The 123rd China
Import and Export
Fair, widely known
as the Canton
Fair, has
concluded by
posting robust
growth in the
value of deals
signed. By the e
(
more)
The 123rd China Import and Export Fair, widely known as the Canton Fair, has concluded by posting robust growth in the value of deals signed. By the event’s end, total export volume reached 189.197 billion yuan (US$30.08 billion), a 3.1 percent increase from last year’s spring session and the highest total for the spring exhibition in four years.
Machinery and electronic products still lead in trade volume with turnover of US$15.89 billion, accounting for 52.8 percent of the total. Light industrial goods achieved a transaction volume of US$8 billion, which was 26.6 percent of the gross turnover and 7.6 percent increase over last spring. Textile and garment transactions reached US$1.42 billion. The brand exhibition sector also performed well, with US$10.07 billion worth of transactions logged, which accounted for 33.5 percent of the gross turnover.
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