122nd Canton Fair Embraces Christmas: Retailer Confidence Recovers with Chinese Suppliers# Maturing Design Capabilities

Stocks and Financial Services Press Releases Tuesday November 7, 2017 10:04
GUANGZHOU, China--7 Nov--PRNewswire/InfoQuest

The 122nd China Import and Export Fair (Canton Fair) has reported brisk transaction at phase two of the exhibition, which focused on consumer goods, gifts and home decorations. Statistics provided by Tianjin Trading Delegation show that trade volume by Oct 25 has increased by 60% year-on-year; Nanjing Trading Delegation witnessed trade volume by Oct 26 up by 12.33% over the previous session. Exhibitors have also reported that design quality and smart manufacturing are the most important core competences of vendors that buyers are evaluating in the areas of consumer goods, gifts and home decorations.

https://photos.prnasia.com/prnvar/20171106/1984324-1
Gao Xiaolin, General Manager of Graceful Arts Industrial, a leader in the home decorations industry, noted that the brand has emphasized creating its own style of home decorations since it was founded in 1990.

"In the early days, most companies relied mainly on manufacturing, but more clients have started to appreciate and recognize our strength in design over the past two years," said Gao, "The Canton Fair offers a great opportunity for us to connect with clients while gaining useful information for our future designs."

Victor Zhou, CEO of Eagle Gifts, a leading holiday gift manufacturer, explained that the company is now capable of providing one-stop complete solutions worldwide, a highlight of which is customized design proposals.

"There are many companies in Europe, like England, that are using our design plans, including top British retailers. They have very specific requirements for holiday gift products and we can accommodate their needs from the beginning to the final stage of sales," Zhou said.

According the Zhejiang Trading Delegation, 90 percent of the companies that produce household supplies, kitchenware and tableware products are predicting that they will see steady or increased export growth. Even though problems like increased costs, exchange rate fluctuations and increased competition are still faced by the exporters, more and more companies are starting to emphasize their products' value-added components, and that they are not just providing products for clients, but also data, information and personalized management.

"We think that ideas are the soul of products," said Maggie Pu, Deputy Director General of the Foreign Affairs Office of the Canton Fair. "Canton Fair offers a platform for everyone to share inspirations, allowing worldwide merchants and buyers to exchange with suppliers at minimal time and economic cost while staying on top of the latest trends. We are also very open to suppliers and sincerely hope that more exhibitors and buyers can catch up with old friends and meet new friends at Canton Fair every year."

About Canton Fair

The China Import and Export Fair, also known as the Canton Fair, has been held biannually in Guangzhou since 1957. It is the largest exhibition with the widest array of products, most diverse selection of buyers and highest business turnover in China.

For more information, visit: http://www.cantonfair.org.cn/en/index.aspx
Photo - https://photos.prnasia.com/prnh/20171106/1984324-1

Latest Press Release

Fitch Affirms Standard Chartered Bank (Thai) at #A-#; Outlook Stable

Fitch Ratings has affirmed Standard Chartered Bank (Thai) Public Company Limited's (SCBT) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'A-' with a Stable Outlook. At the same time, the agency has affirmed SCBT's National...

Photo Release: KBank recognized as having the highest corporate brand value in the banking business category 2nd consecutive year

At Sukree Kaewcharoen Auditorium, the Stock Exchange of Thailand (SET), Ms. Kattiya Indaravijaya, KBank President, recently represented KBank to receive the "Thailand's Top Corporate Brand Values 2018" award in the banking business category from...

MicroBitcoin Open Source Community เซ็นสัญญากับสมาพันธ์แรงงานในเกาหลี เปิดโอกาสให้แรงงาน 1.5 ล้านคนได้ใช้เงินดิจิทัล

MicroBitcoin Open Source Community เซ็นสัญญากับสมาพันธ์แรงงาน Korea Association of Care Workers (KACW) เพื่อนำสกุลเงินดิจิทัล MicroBitcoin มาใช้ สัญญานี้ลงนามร่วมกันสามฝ่าย ได้แก่ MicroBitcoin Open Source Community, KACW และ Bluequotient...

MicroBitcoin Open Source Community Signs an Exclusive Contract with the Korea Association of Care Workers (KACW) to Expand its Usability to One and a Half Million Users

The MicroBitcoin Open Source Community has signed a contract with Korea Association of Care Workers (KACW) to adapt the MicroBitcoin blockchain network protocol. The trilateral contract was made between the MicroBitcoin Open Source Community, the Korea...

WICE establishes a joint-venture, EUROASIA TOTAL LOGISTICS, with its holding 40% of shares to provide cross-border transport services between China, Hong Kong

WICE establishes a joint-venture, "EUROASIA TOTAL LOGISTICS", with its holding 40% of shares to provide cross-border transport services between China, Hong Kong, and South East Asia with the expectation to achieve the first year's revenue at 200 million...

Related Topics