On June 12, employees of Guangzhou Qingchu Group Co., Ltd. were rehearsing live broadcast. (Picture source: Xinhua News Agency)
[Knowledge Points]
China Import and Export Commodity Fair, also known as the Canton Fair, was founded in the spring of 1957 and held in Guangzhou in spring and autumn every year. It is jointly sponsored by the Ministry of Commerce and the Guangdong Provincial People's Government and hosted by the China Foreign Trade Center. It is currently the longest history, largest scale, the most complete product types, the most attended buyers, the widest distribution of countries and regions, the best transaction results, and the best reputation. It is known as the barometer and weather vane of China's foreign trade. It is a window, microcosm and symbol of China's opening to the outside world.
Since the beginning of this year, the sudden outbreak of the new crown pneumonia epidemic has caused an impact on China's economy and has also caused a heavy blow to global trade. Against this background, holding the "Online Canton Fair" continues to provide an important trade platform for Chinese and foreign merchants to do business is a need and the world hopes, and it is also an important measure to do a solid job in the "six stability" work and implement the "six guarantees" tasks. The "Online Canton Fair" presents new platforms, new technologies, new content, new marketing, new services and new opportunities. It abandons the simple copying of traditional models, not only provides convenience and services for global merchants to discuss business and do business without leaving home, but also provides development opportunities for new models and new business forms such as online negotiations, online exhibitions, live streaming and cross-border e-commerce, which can be said to be full of "new" meaning. The holding of the "Online Canton Fair" relies on the vibrant Chinese Internet industry, and is the continuous promotion of the construction of new digital infrastructure such as 5G, cloud computing, big data, artificial intelligence, industrial Internet of Things. It is a manufacturing capacity with a complete system and resilient nature. It is a country's firm determination to "stabilize foreign trade" and a strong belief to embrace globalization to contribute to the development of the world economy.
[Important Speech]
Under the new situation, the Canton Fair should innovate the system and mechanism and business model, improve service levels, support the majority of participating enterprises to benefit and win-win and common development, better play the role of an all-round opening-up platform, and use two markets and two resources at a higher level to make new and greater contributions to promoting the development of my country's open economy and promoting the development of an open world economy.
Under the new circumstances, the Canton fair should innovate its mechanism and business model to facilitate win-win cooperation and common development for participants. The event should strengthen its role as a platform of opening-up for enhanced utilization of markets and resources at home and abroad, and make new and greater contributions to the open economy of China and the rest of the world.
——October 15, 2016, Xi Jinping’s congratulatory letter to the 120th China Import and Export Commodity Fair
【Related Words】
Online showrooms
Expand opening-update expansion opening-up
Maintaining the security of international industrial chain and supply chains
Source: China Daily Network
