Second phase of Canton Fair inks over $4.5b export deals

BEIJING - The second five-day phase of the 133rd China Import and Export Fair (Canton Fair) concluding on Thursday in the southern city of Guangzhou, saw brisk traffic and business.

By the end of Wednesday, visits to the venues stood at 815,000 in the second phase, while export deals worth over $4.5 billion were signed, Shu Jueting, spokesperson for the Ministry of Commerce, told a press conference.

The second phase, housing more than 12,000 firms, exhibited nondurable consumer goods, gifts, and home accessories. Low-carbon products stole the limelight, with some items selling for over $1 million in a single deal.

This year's new section of maternal and infant products saw better-than-expected outcomes, with deals reaching $110 million by Wednesday, the data showed.

Over 390,000 buyers had attended the online fair by Wednesday, with 91 percent from overseas.

Shu said the third phase of the Canton Fair will take place from May 1 to 5 to showcase apparel, footwear, stationery, foods, and medical products.