subject: Canton Fair China: Go Global, Think Global [print this page] The history of Canton Fair in China can be traced back to the holy friendship between the two communist nations e.g. Russia and PRC (People's Republic China). The starting Canton Fair was held at the former Sino-Soviet Friendship Building in the spring of 1957 when the globe was divided between two block e.g. pro-market and communists. From then on, there has been tremendous changes in the concept and form of Canton Fair and today entirely new face of Canton Fair can be seen.
Considering the fact that global maize has changed a lot, geopolitics has gone through tremendous changes, the world has become flat, Canton Fair has lots of importance for global trade and commerce. Moreover, the whole concept of showing goods and products from a nation in a fair aims to promote export and import activities and that can be made possible only when there are no obscurantist forces which are against the development and growth of global interaction in free movement of products and services. Numerous forces and section of people who are against free global trade voice their opinion and gain attention, such people should be stopped at any cost for global prosperity.
The Chinese government focuses a lot on the promotion of export business and that may be a reason that China has an export surplus. Even the most powerful nation on the earth, the USA has trade deficit with China and is under debt. In last five decades, Canton Fair has seen tremendous changes which may even include changes in size and shape of event and the exhibition space, number of products put on the exhibition, participants coming from the country and outside the country, business turnover, leads generated thanks to the interaction between importers and exporters, etc. amongst others.
Besides attracting business travelers, Canton Fair in China attracts leisure travelers too who wish to enjoy visiting stalls and exhibitions of international manufacturers, exporters, importers, etc. Moreover, the Exhibition of Chinese Export Commodities which earlier was known as Chinese Export Commodities Fair has been able to promote Chinese export in large quantum and numerous domestic exporters have benefited a lot from it. Chinese language experts get attractive jobs during the event as most of the companies coming into China to participate in the event require such professionals to interact with local businessmen.
China has come from being a third world country to one of the leading economy of the world in last six decades and Canton Fair is one testimony for the fact. It is quite interesting that Canton Fair at its early years was not a popular event and there were not many participants; however, once China grew and became an economic superpower the number of participants increased remarkably. The role of Canton Fair in the economy can be assessed from the fact that the fair serves as booster for the export and import of the nation and businessmen in China wait for the moment eagerly.
Canton Fair China: Go Global, Think Global
By: aki
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