114th Canton Fair closed ring turnover decreased by approximately 10%, for the

 

 

114th Canton Fair November 4 closing, official data showed that the Canton Fair turnover up the chain have declined. 

 

According to data released by the official website of Canton, the Canton Fair total export turnover of 194.61 billion yuan (equivalent to 31.69 billion U.S. dollars), the relative Spring Fair in April this year, a decline of 10.9 percent (net of currency effects, the same below), and last compared to the same period in the Autumn Fair, down 3.0%; buyers attending 189,646 people, compared with 6.5% decrease 113th, 112th slight increase than 0.1%. 

 

Fair spokesman, China Foreign Trade Centre Liu Jianjun, deputy director of the 114th Canton Fair in the closing press conference revealed that the Canton Fair for the European Union, the USA, Japan, turnover decreased by 8.3% qoq, respectively, an increase of 1.7% and 3.5%, respectively, year on year decline 2.4%, an increase of 11.8% and 42.8%; pair BRIC countries (India, Brazil, Russia, South Africa) turnover decreased by 17.2%, down 12.2%; the Middle turnover decreased by 23.2%, down 15.5%; ASEAN deal a decline of 3.6%, down 2.1%. 

 

Meanwhile, this year's trade turnover of private enterprises has dropped significantly. Data show that this year's trade turnover of private enterprises in the chain down 10.4%, down 7.5%. However, foreign-invested enterprises turnover decreased by 6.8%, an increase of 16.1%; state-owned enterprises were traded over-year decrease of 18.5% and 10.9%. 

 

According to the "First Financial Daily" reported that the Canton Fair exhibition period, the number of exhibitors reflects orders from the current situation, the United States and other traditional export markets weak recovery, but the purchasing power of emerging markets deteriorated, a drag. In recent years, the business of the Canton Fair relatively deserted, apart from the environmental impact by large foreign trade, and trade relations have changed, this trend is increasingly evident. 

 

China Association of International Trade Association, Zhou believes that Europe and Japan have the better economy, and fed back Fair trade situation is not optimistic, we should find a cause inside. Currently, foreign aid policy is still not in place, in addition to exchange rate and other policies are also plagued enterprise, the Canton Fair record highs during the appreciation of the renminbi, which also affects the deal. In addition, e-commerce is the development trend, the Canton Fair to explore how to better ground next line two legs. 

 

"The rapid rise of e-commerce, specialty show improved continuously, the impact of Fair Trade platform more and more significant, at present, a lot of businessmen in the field of direct orders less and less, often just take a look at new products, or contact our information exchange about-face, the Canton Fair is turned into exhibition platform from the trading platform, I personally recommend Fair homeopathic adjustments should move in the direction of China's exports boutique Expo development, and while the rapid development of e-commerce platform. "participate in a multi-session of the Canton Fair trade company executives such proposals. EDITED BY CHINA STONE COATED STEEL ROOFING TILES