Canton Fair sees buyers, export growth

Updated: November 4, 2016 Source: Xinhua News Agency
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China's largest trade fair concluded its 120th session on Friday in Guangdong Province, with more foreign buyers and more deals.

With more than 180,000 buyers, up 4.6 percent from last year, and over 80,000 coming from Belt and Road countries, export turnover reached nearly 28 billion U.S. dollars, up 3.2 percent, said fair spokesperson Xu Bing.

Export turnover with Belt and Road countries is now more than 8 billion U.S. dollars, nearly 30 percent of total transaction volume, Xu said.

Buyers have become less sensitive to price while caring more about product quality and services, Xu said.

The China Import and Export Fair, held every spring and autumn in Guangzhou, is seen as a barometer of China's exports.

Editor: Li Jing