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The 136th Canton Fair Advances High-Quality Development of International Trade with Overseas Buyers Attendance Hitting Record Numbers

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The 136th Canton Fair Advances High-Quality Development of International Trade with Overseas Buyers Attendance Hitting Record Numbers
Business

Business

The 136th Canton Fair Advances High-Quality Development of International Trade with Overseas Buyers Attendance Hitting Record Numbers

2024-11-06 16:49 Last Updated At:17:05

GUANGZHOU, China, Nov. 6, 2024 /PRNewswire/ -- The 136th Canton Fair has concluded successfully, with the number of overseas buyers hitting a record high. The event significantly promoted high-quality development of international trade and further expanded China's opening up to the global market.

As of November 3, a total of 253,000 overseas buyers from 214 countries and regions attended this session, a 2.8 percent increase compared with the previous session in spring and hitting the 250,000 milestone for the first time. Buyers from the "Belt and Road Initiative" countries accounted for over 60 percent, with a total of 165,000, which represents a 3.7 percent increase.

The number of buyers from Europe, US and Canada rebounded significantly as well, with 54,000 attending the Fair, an increase of 8.2 percent – of which, 22,000 buyers were from the European Union, an increase of 22.5 percent; and 8,919 buyers were from the US, a 5.2 percent increase. A total of 146 industry and commercial organizations participated in the 136th Canton Fair with delegations, an increase of 18.5 percent. The number of leading multinational sourcing companies reached 300 for the first time, with a total of 308.

Overseas buyers have come to the Fair with clear sourcing targets and a strong willingness to cooperate with Chinese enterprises. The export turnover has improved with intentional orders reaching USD24.95 billion, a 1 percent growth compared with the previous session. The turnover of "Belt and Road" countries accounted for more than half of the total.

The 136th Canton Fair has showcased latest achievements of New Quality Productive Forces with a wide variety of innovative products emerging. About 1.15 million new products were presented at the trade show, and overseas buyers especially favored digital, intelligent, and green products.

In the meantime, 730 companies from 49 countries and regions participated in the International Pavilion of the 136th Canton Fair, among which 65.5 percent were from "Belt and Road" countries, and 33 percent were from RCEP member countries. Companies from countries around the world, including Turkey, South Korea, Egypt and more have expressed that they've gained a lot at the Canton Fair and will continue to participate in the next session.

The 137th Canton Fair will be held from April 15 to May 5, 2025 in Guangzhou.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

The 136th Canton Fair Advances High-Quality Development of International Trade with Overseas Buyers Attendance Hitting Record Numbers

The 136th Canton Fair Advances High-Quality Development of International Trade with Overseas Buyers Attendance Hitting Record Numbers

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Thailand announces 2025 as the "Amazing Thailand Grand Tourism and Sports Year"

2024-11-06 16:07 Last Updated At:16:25

At WTM 2024, Thailand's Tourism and Sports Minister reveals 2025 tourism agenda with new attractions, cultural celebrations, and global collaboration to bolster the tourism sector.

LONDON, Nov. 6, 2024 /PRNewswire/ -- Thailand's Minister of Tourism and Sports, Mr. Sorawong Thienthong, announced 2025 as the "Amazing Thailand Grand Tourism and Sports Year" at the Amazing Thailand Press Conference, organised by the Tourism Authority of Thailand (TAT) during the World Travel Market (WTM) 2024.

The "Amazing Thailand Grand Tourism and Sports Year 2025" aims to welcome travellers from around the globe with world-class festivities and privileges. "This campaign isn't just a celebration; it's an invitation for all to create unforgettable travel stories in Thailand," Mr. Sorawong remarked.

Strategic Investments to Lead Global Tourism

Thailand is making significant investments to maintain its reputation as a top destination, with a tourism target of £75.55 billion (3.4 trillion Baht) for 2025. "The tourism industry is vital to Thailand's economy, reflecting not only in economic gains but also in the communities uplifted and the millions of lives touched across the country," Mr. Sorawong stated.

He elaborated on Thailand's tourism direction, anchored in the 'Ignite Thailand' vision, emphasising that the nation's prosperity is tied to the well-being of its people. This principle will guide every policy and initiative, ensuring that tourism positively impacts visitors, local communities, and the environment.

To support this, the government is enhancing infrastructure, easing visa processes, and fostering a seamless ASEAN travel network through the 'Six Countries, One Destination' policy. Recent moves, such as British Airways' resumption of flights to Thailand, underscore the country's commitment to accessibility and connectivity.

Promoting Unique Destinations and Cultural Experiences

The government is actively promoting hidden gem destinations like Nan, Phrae, and Sakon Nakhon to diversify travel experiences across the country. Additionally, attractions such as amusement parks, shopping centres, and entertainment venues are being expanded to cater to a broader range of travellers.

Thailand's soft power is another essential asset, with efforts focused on preserving and promoting Thai traditions, arts, and crafts. The government is promoting the 'Five-Must Do' experiences – Must Taste, Must Try, Must Buy, Must Seek, and Must See, that capture Thailand's unique charms, encompassing Thai cuisine, fashion, vibrant festivals, and beautiful scenery.

A Hub for Global Events and Entertainment

Thailand's vision to become a hub for international events is reflected in a robust calendar of festivities, including the Amazing Thailand Countdown 2025, MotoGP events in February and March, and the iconic Songkran Festival in April. These events are anticipated to drive year-round tourism and contribute significantly to the national economy.

Invitation to the Global Community

Mr. Sorawong reiterated the importance of private sector involvement in energising Thailand's tourism landscape and creating new investment opportunities. He extended an open invitation to investors, travel agencies, and media to participate in Thailand's journey toward becoming a top global destination that benefits all stakeholders.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Thailand announces 2025 as the "Amazing Thailand Grand Tourism and Sports Year"

Thailand announces 2025 as the "Amazing Thailand Grand Tourism and Sports Year"

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