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在线翻译:
szdaily -> Business
Belt and Road Initiative gives Canton Fair a boost
    2017-October-23  08:53    Shenzhen Daily

THE China-proposed Belt and Road Initiative has brought more business opportunities to the China Import and Export Fair, commonly known as the Canton Fair.

Trade associations reported rises in the number of buyers from countries along the Belt and Road, contributing to transaction growth at China’s largest trade fair.

Boosted by market recovery and the Belt and Road Initiative, nearly 80 percent of exhibitors reported an increase in the number of buyers they received, according to the China Chamber of Commerce of Metals, Minerals & Chemicals Imports & Exports.

Al-hamimi Hasan of Yemen said he saw more buyers at the autumn session than at the spring one this year.

Hasan, who has attended the fair for 14 years, said that the upgrading of the products presented at the trade fair, particularly in the lamps category, led to a strong market in the Middle East.

An increase in traders from countries along the Belt and Road mirrored the recovery of China’s foreign trade.

The General Administration of Customs said the country’s exports increased 12.4 percent to 11.16 trillion yuan (US$1.64 trillion) in the first three quarters of the year, while imports surged 22.3 percent to 9.13 trillion yuan.

The number of buyers from the United Arab Emirates (UAE), China’s second-largest trading partner in the Middle East, increased 5 percent.

Mohamed Alzaabi, a director with the UAE Ministry of Economy, said the UAE has been dispatching traders to the fair since 2007 and that all members hoped for business cooperation with China.

He said that more than 4,000 Chinese enterprises had operations in the UAE with bilateral trade reaching US$46 billion in 2016.(Xinhua)

 

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