According to the local commerce commission, foreign trade companies in the city of Liuzhou, Guangxi Zhuang autonomous region, performed well at the 115th China Import and Export Fair (Canton Fair) held from April 15 to May 5, in Guangzhou city, Guangdong province.
In all, 13 Liuzhou companies signed contracts worth $4.5 million, and there were intent orders reaching $20 million.
Large fairs are a good channel for companies to meet business people and explore markets, and the Canton Fair is among the most influential fairs for international trade. It is hailed as a barometer of imports and exports.
At the fair, Liuzhou companies had 22 booths, exhibiting products such as auto parts, household chemicals, household textiles, medicines and health care products.
This year, Liuzhou will enhance its support for foreign companies. The commerce commission has invited 140 qualified companies to a meeting explaining the city¡¯s subsidiary policies.