Provide a platform for the interaction between suppliers and buyers on-site.
Recent activities under the “Trade Bridges” initiative have focused on the textile and apparel as well as the new energy sectors. Representatives from seven Belt and Road cooperative countries, including Cameroon, Ghana, Nigeria, South Africa, Zimbabwe, Tanzania, and Pakistan, have gathered to present the procurement needs of 45 buyers. These needs span a variety of categories including tops, children’s wear, trousers, footwear, knitwear, accessories, solar power, batteries (including lithium batteries), and new energy vehicles. Following the release of procurement demands, both trade delegations and participating enterprises have actively responded, attracting nearly 90 companies from provinces and municipalities such as Guangdong, Zhejiang, Hebei, and Guangxi to sign up.
Aligning with actual supply and demand, the China Foreign Trade Center has conducted a two-way selection process to match participants. Subsequently, 55 high-quality enterprises such as Jiangsu Hantang Junpeng, Guangdong Pu Jin Electronics, and Guangxi Zhongwang Technology have been selected for one-on-one negotiation sessions, resulting in a total of 82 rounds of negotiations. The enthusiastic discussions between the suppliers and buyers have yielded fruitful outcomes.
In 2023, China exported clothing and apparel accessories worth 159.14 billion US dollars, footwear valued at 49.34 billion US dollars, and textiles, yarn, fabrics, and related products worth 134.5 billion US dollars, with African countries being primary export destinations. Additionally, China exported new energy vehicles amounting to 41.81 billion US dollars, marking a 73.4% increase compared to the previous year. Solar panels were exported at a value of 43.68 billion US dollars. New energy vehicles, batteries (including lithium batteries), are highly favored products among the Belt and Road partner countries, signifying a significant area of growth for Chinese exports with promising market prospects.
Provide a platform for the interaction between suppliers and buyers on-site.
Silyo Pivirwo, a Tanzanian buyer, expressed gratitude towards the Canton Fair for organizing this event. Through the matchmaking activities, he has successfully connected with potential partners in the electric vehicle industry, reaping significant rewards. Phywoop Yueleap, a Nigerian buyer, shared that he has established contacts with four suppliers during the event, with promising follow-ups that could lead to potential deals. Gull Rahman, a buyer from Pakistan, conveyed his satisfaction with the event, stating that it has effectively facilitated trade and expressing his desire to participate in similar matchmaking activities in the future.
Shanghai Zeji Textile Co., Ltd. noted that the event provided valuable insights into competitors’ strengths, their own weaknesses, and a clearer market positioning. This newfound understanding will guide the company in meeting market demands, developing new products, and ultimately fostering better future growth. Shishi Oriental Kaiyu Import and Export Co., Ltd. remarked on the excellent outcome of the event, highlighting the precise connections established between buyers and suppliers, which enhanced the success rate of transactions. They expressed hope for more such opportunities facilitated by the Canton Fair in the future.
Dongguan Chuangguan Industrial Investment Co., Ltd. praised the well-organized matchmaking activities, the diligent and responsible staff, and the ability to showcase their products directly to clients through video conferencing during the sessions. They expressed interest in participating again in the future. Hebei Shaobo Photovoltaic Technology Co., Ltd. expressed gratitude to the Canton Fair platform for creating opportunities that enable the company to interact with as many customers as possible. They emphasized the helpful nature of the matchmaking activities for both suppliers and buyers, particularly those who have not previously participated in the Canton Fair.
