139th Canton Fair Shines with New Highlights, Transforming Supply Chain into Win-Win Chain

The 139th China Import and Export Fair (Canton Fair) has been brimming with highlights and a fresh atmosphere. Against the backdrop of escalating international tensions, sluggish global economic recovery and accelerated restructuring of global industrial and supply chains, the Canton Fair has maintained strong global appeal, with its enduring vitality rooted in the transformation from a "supply chain" to a "win-win chain".

The popularity of the Canton Fair in connecting the world is the most intuitive reflection of this transformation. As the world’s second-largest economy, China boasts advantages in a complete industrial system, continuous technological innovation breakthroughs, and has formed solid institutional advantages through steadily expanding institutional opening-up. Many cutting-edge technologies and innovative products have made their debut at the Canton Fair in recent years, gaining widespread attention and high recognition from global buyers.

From cleaning robots ordered on the spot by Canadian buyers, to degradable tableware popular in Europe, and to Guochao clothing highly praised by Nigerian buyers, these high-quality exhibits with innovative, intelligent and green characteristics are highly popular, all of which are true manifestations of the global market’s recognition of the resilience and strength of China’s industrial and supply chains.

China’s efforts in expanding high-level opening-up are an important driving force behind this transformation. As a key platform for all-round opening-up, the Canton Fair is not only a "showcase" for Made-in-China products and Chinese brands, but also a "stabilizer" for global industrial and supply chains. Meticulous live-streaming tours allow Middle Eastern buyers to view and select products "immersively" without leaving home.

Well-planned trade promotion activities enable business organizations from five continents to match high-quality resources accurately and efficiently, while sincere and pragmatic face-to-face negotiations help Chinese and foreign enterprises accelerate in-depth economic and trade cooperation and expand development space. By May 3, the 139th Canton Fair had attracted 154 overseas business organization delegations, a year-on-year increase of 16.7%.

China Daily reports that the 139th Canton Fair concluded on May 5, with more than 32,000 participating enterprises, including over 11,000 enterprises with titles such as specialized, refined, characteristic and innovative enterprises, and more than 300,000 overseas buyers from over 200 countries and regions attended the fair. With the empowerment of the Canton Fair, overseas business organizations continue to deepen supply and demand docking and consolidate cooperative relations, while many Chinese enterprises take the opportunity to accelerate their overseas layout, injecting lasting momentum into regional economic coordinated development.

The warmth of China’s high-quality development achievements benefiting the world is the original intention of this transformation. In the large exhibition halls, what truly moves buyers is often not extreme technical indicators, but creative ideas that address people’s livelihood needs and improve daily life. An exoskeleton robot helps disabled foreign citizens regain the ability to walk, safeguarding their freedom and dignity.

A portable photovoltaic energy storage device allows South American families with high electricity bills to bid farewell to power shortages, and a low-cost seawater desalination device delivers clean water to island residents. Countless small and medium-sized enterprises have deeply integrated into the global industrial and supply chain through the Canton Fair, which goes beyond simple commodity transactions and takes high-quality innovative products as the link to jointly cultivate a development foundation connecting the world and creating a better life.

With 70 years of persistence and innovation, the Canton Fair has fully proved that although economic globalization occasionally faces headwinds, the general trend of the times is irreversible. Decoupling and breaking chains offer no way out, while opening-up and cooperation are the right path. The Canton Fair will continue to strengthen the global cooperation link, work together to build a mutually beneficial and win-win chain, and write a new chapter of mutual benefit and progress.

China, adhering to openness and inclusiveness, will continue to release market dividends, share development opportunities, and contribute more to the steady recovery and long-term development of the global economy.