Infographic: China's Canton Fair opens a wider door to shared gains

(AI-assisted Creation)

The China Import and Export Fair, better known as the Canton Fair, has grown and thrived through openness for 70 years. Now, it's back in Guangzhou, Guangdong Province, for its 140th edition. Running in three phases from Oct. 15 to Nov. 4, the fair has grown into China's largest and longest-running international trade event, with buyers coming from more than 220 countries and regions and cumulative transactions reaching 1.6 trillion U.S. dollars.

Often seen as a barometer for China's foreign trade, the fair has enjoyed enduring success that underlines China's unwavering commitment to expanding high-level opening-up and the practical need for economies to draw on each other's strengths and work together for mutual benefit.

Official data showed that China's foreign trade maintained solid momentum in the first three quarters of this year, with total imports and exports rising 18.8 percent year on year during the nine-month period, the highest level for the same period in five years.

Smarter and greener products are helping drive China's export growth, a trend on full display at the Canton Fair. The first phase of the fair drew more than 12,000 exhibiting companies, about half of which were high-quality firms such as specialized or innovative enterprises. The number of new products, AI products and green products on display were up 6.7 percent, 20.5 percent and 13.5 percent respectively over the same period of the previous edition.

For international buyers, the expanding range of products and technologies offers fresh opportunities for growth.