To keep pace with the vigorous development in
China as well as the trade relations and amicable exchanges between China and the rest of
the world, the Exhibition of Chinese Export Commodities (the precedent of Chinese Export
Commodities Fair) was established in the autumn of 1956.
The first Fair was staged in the former
Sino-Soviet Friendship Building in the spring of 1957. Looking back at the forty years
traversed by the Trade Fair, we can well see that tremendous changes have come off in
every aspect of the Fair such as the Fair's exhibition space, products for export, number
of foreign visitors, business turnover, and so on.
The Fair serves as a historical witness to the
development of China's foreign trade, it has faithfully recorded the pace of the country's
Space and Grounds Enlarged
Facilities For Exhibition and Negotiation Improved:
Shi Guangsheng, Minister
of Foreign Trade and Economic Cooperation, and Lu Ruihua, the Governor
of Guangdong Province, inspected the Fair
Starting with 12, 000 kinds of commodities, the
Canton Fair has gradually increased its number of commodities available for export from
session to session. Now, there are over 100, 000 kinds or products from famous
brands. It features new quality products, specialties and products adapting advanced
technology from various parts of the country.
Many enterprises go the Fair armed with their
novel products, crack items, etc. in attempts to squeeze their way into the world market
via the Guangzhou Trade Fair. In the wake of rapid developments in China's
economy, especially the home based industries, the Guangzhou Trade Fair was able to obtain
more and more supplies and improved its product mix to a great extent. For example,
the ratio of manufactured goods has risen from 20% at the outset of the Fair in 1957 to
85.6% in 1995.
To encourage the export of more high-graded
products or high value-added products, particularly machinery and electronic products.
Special Exhibition Sections have been set up at the Guangzhou Trade Fair. This serves to
place special emphasis on these high technology products as well as to make them more
Number of Foreign Business People
Quality of Attendance Gradually Improved
In the early days of the Guangzhou Trade Fair,
guests came from few countries and regions in Asia. As the Fair developed and as the
country becomes more open, an increasing number of foreign business people from various
countries and regions have secured business at the Guangzhou Trade Fair.
In recent years, each session of the Fair has been
visited by more than 80, 000 foreign business people. Till the end of the 83rd
Session, the Fair has seen an attendance of more than 2 million businessmen.
Growth In Turnover Volume
Vice-Premier Li Lanqing
and State Councilor Wu Yi (the former Minister of Foreign Trade and
Economic Cooperation), inspected the Fair
The Fair's business records have shown that,
irrespective of which historical period, the Fair remained steady in its trade and the
export transactions continue to grow. Even in the " Three years of Difficulty
(1959-1961)", the Fair's export trade continued to rise (4.9% over 1959, and 17.5%
over 1960). In the "Ten years of national turmoil", the export business of
the Fair, went up inspire of some setbacks. For example, the business concluded at
the Autumn Fair'70 was worth US$500 million and at the Autumn Fair'72,
US$ l billion.
The Trading Delegations are organized by their
different provinces and municipalities; the exhibition halls itself are arranged by the
Chambers of Commerce. While Trading Delegations and exhibition halls are integrated, the
exhibitions will be arranged according to trades. Up till the 86th Session, the Fair had
done an aggregated export business of US$ 263 billion.