Canton Fair Makes Fighting Poverty a Priority

- GUANGZHOU, China, June 5, 2018 /PRNewswire/ -- The 123rd China Import and Export Fair (Canton Fair) has taken important steps to help alleviate poverty by granting free access to exhibitors from less-developed regions, as well as highlighting their products in a specialized exhibition area. This section of the Fair featured more than 200 booths and attracted 179 enterprises from 21 trade delegations. Now in its second year, Canton Fair's anti-poverty program offers preferential policies for exhibitors from less-developed areas including cancelling stand rentals and waiving minimum export volume requirements. This section of the Fair has achieved RMB 250 million (US$39 million) in sales over the past two sessions. On-site surveys indicated that nearly 60 percent of exhibitors from less-developed regions have been satisfied with the results achieved and 96 percent expressed interest in attending Canton Fair again in the future. "We are very proud of the successes that have been achieved by the enterprises who have been able to gain access to Canton Fair's vast marketplace thanks to our poverty reduction program," said Maggie Pu, Deputy Director General of the Foreign Affairs Office at Canton Fair. "The lower barriers for access and specialized exhibition area have helped hundreds of enterprises from less-developed regions gain a deeper understanding of international market requirements, find new buyers and partners, and present their featured products to the world. We will continue to boost international trade in less-developed regions while providing access to their quality products to global buyers." Some of the signature products demonstrated in the special zone at Canton Fair included: About Canton Fair The China Import and Export Fair ("Canton Fair"), is held biannually in Guangzhou every spring and fall. Established in 1957, the fair is now a comprehensive exhibition with the longest history, highest level, largest scale and largest number of products as well as the broadest distribution of buyer origins and the highest business turnover in China. Photo - https://mma.prnewswire.com/media/701306/Canton_Fair_Makes_Fighting_Poverty.jpg