Summary: The 128th Canton Fair is welcomed by Italian companies

Xinhua News Agency, Rome, October 12-Trade representatives from Italy and China introduced the 128th China Import and Export Fair, also known as the Canton Fair, to Italian companies on Monday.
The online demonstration is organized by the Italian Chinese Chamber of Commerce in cooperation with the China Foreign Trade Center, and is supported by the Italian Association for Foreign Trade (AICE) and the Italian China Foundation.
China will hold the 128th Canton Fair online from October 15th to 24th. Due to the coronavirus outbreak, this is the second online expo.
In the past 63 years, the Canton Fair has been held twice a year. The Expo was established in 1957 and is regarded as an important barometer of China’s foreign trade. The 127th conference in June 2020 attracted nearly 26,000 domestic and foreign companies and exhibited 1.8 million products.
“In the first half of 2020, facing the impact of the coronavirus pandemic, the 127th Canton Fair was held online for the first time and achieved great success.” China Foreign Trade Center.
Li Zhaoxing said: “The Canton Fair plays a key role in maintaining global industry and supply chains… This has brought vitality to global trade and global economic recovery.”
He explained that the upcoming version of the Canton Fair will have 25,000 domestic and foreign exhibitors for online demonstrations. According to the Canton Fair website, exhibitors from 16 categories will be divided into 50 exhibition areas.
The categories range from hardware to shoes, from electronics and household appliances to chemical products, from building materials to office supplies.
Li Zhaoxing said that the Canton Fair has advanced technology and the online exhibition format eliminates the constraints of time and space.
Li Zhaoxing pointed out that Italy is China’s fifth trading partner in the EU, and China is Italy’s largest trading partner in Asia. He said: “The Canton Fair can promote the further development of bilateral economic and trade relations.”
Marco Bettin, secretary general of the Italian-Chinese Chamber of Commerce, said: “At present, China is becoming a role model that everyone is looking at. When we want to know what will happen in the future, we will think of China.”
He added that many Italian companies are “eager to establish relationships with their Chinese counterparts” and that “since China opened up, the Canton Fair has been the world’s gateway to China.”
He added that over time, the Canton Fair has evolved into “a revolving door”, which means that it is not only a way to enter the Chinese market, but also “a person can meet, ideas can develop, and a platform can also A platform for communication there”. You can start cooperation not only for China but also for the world.
Betin said: “We believe that the Canton Fair will not only help China, but also help companies worldwide to restart.”
Betin said: “As the Canton Fair arrives, we are talking about the second wave of COVID-19.” “It is important to keep in touch with each other at the moment.”
Betin said: “Italy-China Chamber of Commerce is ready, Italy is ready and becoming one of China’s main trading partners in Europe… I believe we can unite and achieve important results.”
AICE Secretary-General David Doninotti said: “Our mission is to promote foreign trade, because we believe that trade between countries is the most important tool for promoting world economic growth.”
He said that AICE represents Italy “almost companies in all economic sectors and all sectors-from small companies to large multinational groups”, adding that AICE not only promotes Italian exports but also imports.
“We think that a country like Italy…in order to export its products, it also needs to import raw materials and technology to improve its production and industry.” “Therefore, we have been promoting the Canton Fair year and trying to drive many Italian buyers to visit the fair.”
Doninotti said: “Due to the pandemic, the world economic situation is very complicated, but we believe that improving trade between Italy and China and the rest of the world is the only way to support the recovery of the world economy.” said. Telomere


Post time: Oct-15-2020
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