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Canton Fair 90% Short List Pactions &Nbsp; Cautious International Market Dare Not Long.

2011/11/5 13:35:00 6

The 110th China Import and Export Fair was held in Guangzhou on the afternoon of 4.

Closing


Liu Jianjun, spokesman for the Canton Fair, said that the number of people attending the fair has reached a record high. As of November 3rd, the total number of purchasers of the Canton Fair was 209175, from 210 countries and regions, an increase of 1% over the 109th period, a 4.97% increase over the 108th period.

Among them, the largest number of purchasers were Asia, accounting for 54% of the total number of participants; Europe accounted for second, accounting for 21%; secondly, America, Africa and Oceania.

Compared with last year, European and African merchants increased, while Asia, Oceania and the Americas decreased slightly.


The export volume of the Guangzhou Fair was $37 billion 900 million, an increase of 3% over that of the spring rendezvous this year.


The Canton fair news spokesman Liu Jianjun high speed reporter, the Canton Fair is characterized by: Europe and the United States

market

Turnover dropped sharply, and emerging markets were relatively active.

Buyers from Europe and America increased, but the number of inquiries was more, and the actual turnover decreased by 19% and 24% respectively.

After the release of Japan's earthquake demand, the buyers and Clintons increased by 29% and 28% respectively.

India, Russia and Brazil are emerging.

Economics

Volume turnover increased by 9%.

Potential markets in Africa, Asia and Latin America increased by 39%.


From the domestic perspective, China's eastern region has seen a slow growth in pactions, and the potential of the central and western regions is growing.

The eastern region traded at $28 billion 500 million, an increase of only 2%.

Although the base in the central and western regions is small, the turnover has increased by 4%.


There was a growth in demand and a decline in non rigid demand.

Food and beverage, pharmaceuticals, daily necessities and other necessities increased by 29%, 30% and 37% respectively, and the turnover of non essential items such as gifts, electronic consumer goods and ceramics decreased by 9%, 11% and 15% respectively, reflecting the lack of foreign consumer confidence.


It is noteworthy that in this order, the proportion of short and medium bills is still high, and the proportion of long lists is still low.

The proportion of short and medium orders in 6 months is 88%.

This reflects that the international market is expected to be cautious and dare not make long orders; domestic enterprises are afraid of raw material prices and exchange rate fluctuations and dare not take longer.


In addition, e-commerce online pactions are active.

The official website of the Canton Fair has totaled 125 million visits, an increase of 1.6% over the same period last year.

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