FIEO participates in Canton Fair
FIEO participated in the International Pavilion of the 103rd session of China Import and Export Fair, popularly known as Canton Fair held from April 15 to 20 at Pazhou Complex, Guangzhou. The International Pavilion, besides India, housed participants from Russia, Malaysia, Thailand, Turkey, USA, Germany, Korea, Italy, Iran and Singapore.
FIEO delegation, coordinated by Ms Nirmala Tete, Assistant Director, comprised of 10 companies, namely - M/s Symphony Comfort Systems Ltd, M/s Kariwala Green Bags, M/s Ashoka Exports, M/s PKL Limited, M/s Black Jack India Ltd, M/s Charankattu Coir Mfg. Co. (P) Ltd, M/s Kumbhat Holographics, M/s Frendever Textiles (India) and M/s Richie Bags & Fashions Pvt. Ltd. The participants showcased a wide range of exhibits like hardware & tools, cases & bags, decoration & gifts, raw materials, holograms, electronics, IT products & household electrical appliances and consumer goods.
Consul General Mr. Gautam Bambawale and Vice Consul (Commercial) Mr. Chander Parkash from Consulate General of India in Guangzhou visited India Pavilion. The Consul General met the participants and informed them that Indian exporters had lot of scope in the Chinese market, especially in the automobile parts, engineering goods and chemicals sectors. He was of the view that with the appreciation of the Chinese Yuan, the Chinese market had become less competitive and the costs were rising in China. He offered to help the participants in terms of market information and duty structure on various items etc.
"China Import and Export Fair" is China’s largest trade fair of the highest level, of the most complete varieties and of the largest attendance and business turnover. Preserving its traditions, the Fair is a comprehensive and multi-functional event of international importance. It covers a total exhibition area of 6,00,000 square meters, being the largest in China and the second largest in the world.
According to estimates, nearly 200,000 buyers from over 200 countries and regions gathered in Guangzhou to exchange information and procure products. Over 150 of world’s top 250 retailers attended the Canton Fair for procurement.
In the last edition of the Fair held in October 2007, about 2110 exhibitors of 480 enterprises from 57 countries and regions participated in the International Pavilion, which accommodated 849 stands. The scale of the International Pavilion of this session was 50% larger than that in the previous session. With the growing popularity of the fair, which opened the International Pavilion in the 102nd session, the number of exhibitors in the International Pavilion crossed 600.
The Canton Fair boasts the functions of import and export trade, providing a best platform for international business communities to trade with China. Worldwide professionals from industrial and business circles participate as exhibitors in the Canton fair.
About Guangzhou
Guangzhou Municipality, capital of Guangdong Province, is the centre of politics, economy and culture of the province. Legend has it that riding on the backs of five colored rams, five immortals once came to Guangzhou, bringing the locals an ear of rice as a gift and teaching them how to plant rice. The immortals wished them a happy life without hunger forever. Therefore, Guangzhou has another two names, "Yangcheng" (City of Rams) and "Suicheng" (City of Rice Ears). Located in the sub tropical South Asia characterized with oceanic monsoon weather, Guangzhou has long summers, short winters. Warm with a rich rainfall, vegetation is thriving green all the year round. Guangzhou is also a city of flowers.
With a long history of over 2200 years and a population of over 90 million, Guangzhou is a prosperous metropolis located on the northern line of the Tropic of cancer.
As one of the international ports of commerce, Guangzhou was once the starting point of the "Marie Silk Road" to the West. It was once the only Customs opens to the outside world for as long as 83 years. As the southern gate to and one of the key port cities of foreign trade in China, Guangzhou is the hub of communications and transportation in South China. Since the open policy and economic reform initiated in China, great changes have taken place in the local economic development. With the urban construction going fast and the suburbs sprawling out into countryside, the Pearl River with neon lights all along has become one splendid modern sight in Guangzhou.
Urban development has brought a prosperous commercial society with hundreds of overseas merchants rushing in and with more and more stores appearing. Many shopping centres, malls, supermarkets, commercial streets and markets of all sorts have sprouted like bamboo shoots after a spring shower in every urban district. Commercial walks offer a combination of activities, such as shopping, tourism, strolling has turned Guangzhou into a paradise of commerce.
A view of Canton Fair
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Consul General Mr. Gautam Bambawale (right) with participants at India Pavillion
