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
TAIPEI, Dec. 24, 2024 /PRNewswire/ -- Taiwan's software company TPIsoftware (TWSE: 7781) and its partners are to sign a multilateral Memorandum of Understanding (MOU) to formalize the cross-border collaboration on facilitating greenhouse gases (GHGs) inventory with tech-driven solutions. The MOU signing will take place on December 26 in Hanoi, Vietnam, along with the product launch of GreenSwift—an AI-driven carbon management platform by TPIsoftware.
Earlier, TPIsoftware and Nam Cau Kien Eco-Industrial Park in Vietnam announced a pilot project to implement GreenSwift in the park. The project aims to strengthen the ESG initiative across the area by optimizing the efficiency of carbon management. Details of the project will be unveiled during the GreenSwift launch event.
The MOU sets forth a framework to strengthen the parties' Environmental, Social and Governance (ESG) commitment with enhanced regulatory compliance and transparency, enabling enterprise carbon disclosure for a decarbonized, sustainable future. Led by TPIsoftware and Global Green Innovation Technology (GGI., Technology), the MOU signing brings together government officials, the private sector and ESG experts in Vietnam and will be witnessed by Dr. Nguyen Kim Anh, ESG Advisory Expert and Senior Scientist at Institute of Geography, Vietnam Academy of Science and Technology, Tony Kuo, Founder and CEO of Katina Capital Partners, Mai Hoai An, Chairman of ITD Group, Phan Quoc Dzung, Vice Chairman cum General Director of Bao Long Insurance, and Thomas Cheng, General Manager of ThinkTron Ltd.
Following the MOU signing, the GreenSwift product launch focuses on a comprehensive, practical approach to achieving net zero through carbon management and inventory enabled by advanced AI technology. Keynote speakers feature representatives from Vietnam's Ministry of Transportation and Ministry of Science and Technology, who will delve into the opportunities and ongoing challenges of climate action and environmental sustainability in the country. Additionally, Dr. Nguyen Kim Anh will share an in-depth analysis of how ESG standards can be effectively implemented across industries in Vietnam. The event will be followed by a product demonstration presented by Do Vuong Phong, General Manager of TPIsoftware Vietnam, to showcase GreenSwift's key features. The carbon management platform adopts Generative AI to enable efficient GHG inventory, streamline reporting and ensure compliance with international standards.
Yilan Yeh, General Manager of TPIsoftware, said, "GreenSwift is a SaaS-based carbon management platform designed to measure carbon reduction and maximize ESG efforts for enterprises. Together with ElectriSwift, TPIsoftware's AI Building Energy Conservation System, enterprises are able to reinforce their ESG strategies through streamlining GHG accounting and energy saving, making their sustainability initiatives visible and impactful. We look to build a long-lasting cooperation with the local government, private sector and residents to realize their commitment to ESG goals."
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
TPIsoftware Partners with Vietnam's Key Leaders to Realize ESG Strategies Through MOU Signing and Cross-National Collaboration
