Many African businesspeople have achieved great success by attending the Canton Fair. Of the 188,145 foreign buyers who attended the 112th Canton Fair, which closed early last month, 13,362 (over 7%) were from Africa. This has positively impacted the commercial development of the continent and enhanced the quality of life of many African people. The deepening trade ties between China and Africa are not only evidenced by an increase in trade volume, but also by the strengthening of countless business relationships and a growing reliance of Africa on the quality and competitive price of China-sourced goods.
The competitive price of goods available through the Canton Fair is clearly a major draw for many African importers. One Nigerian businesswoman, in Guangzhou to purchase window frames and rainwear, said the 112th Canton Fair was the fourth consecutive event she had attended. "Chinese goods are of ideal price and good quality," she asserted, having exhaustively surveyed exhibitors' prices.
A 46-year-old Burkina Faso businessman revealed that he'd been attending the Canton Fair twice a year since 2004. An experienced purchaser at the Fair, he is accustomed to inspecting products, asking prices, taking notes, and requesting catalogues and name cards.
Paul Chisora decided to attend the Canton Fair after seeing an advertisement on a website. The 20-year-old Zimbabwean was hoping to buy competitively priced gift items such as cups, vases and stationery, to be branded and sold later in his own country.
Former Vice-Minister of Commerce Wei Jianguo said recently that he expects China's trade with Africa to hit USD 220 billion this year, and that it will surpass Sino-American and Sino-European trade over the next five years. The Canton Fair will surely continue to play a major part in this trend.
The next 113th Canton Fair will be in April & May 2013 in Guangzhou, China.
For further information please visit: http://www.cantonfair.org.cn/
SOURCE The Canton Fair
Editor: PR Wire
Copyright © ANTARA 2012
