The 131st Canton Fair explores the global business opportunities offered by RCEP

GUANGZHOU, China, April 27, 2022 /PRNewswire/ — “For China economy, the entry into force of the Regional Comprehensive Economic Partnership (RCEP) signifies increased foreign trade and vibrant business activities among RCEP member countries,” said Cheng Shi, Chief Economist of ICBC International, during a RCEP-themed forum at the Canton Fair. that the RCEP regulations will strengthen China the competitiveness of exports of goods and services as well as trade cooperation between China and other RCEP members.

On January 1, 2022, the RCEP has officially entered into force, which has boosted the confidence of Chinese foreign trade enterprises in obtaining trade orders. Canton Fair, China the largest B2B import and export business platform and a comprehensive opening-up platform, adopted new approaches during this session to encourage and guide Chinese enterprises to further explore global markets in the RCEP framework.

  • The Canton Fair has actively established partnerships. It has signed cooperation agreements with the National Chamber of Commerce and Industry of Laos, the Association of China in Vietnam and the ASEAN Furniture Industries Council, which brings the show’s total number of global partners to 170, covering all RCEP member countries.
  • The Canton Fair held a “Trade Bridge” matchmaking event specially targeting the RCEP market. The online event, which was attended by Chinese furniture companies and major furniture industry associations from RCEP and major sourcing groups, provided an effective platform for exhibitors and buyers to communicate and identify opportunities for business cooperation.
  • The Canton Fair held several RCEP-themed forums

With RCEP benefiting more people, the Canton Fair will continue to play an important role in promoting regional economic integration as well as regional and global economic growth. During this session, 117 exhibitors in the International Pavilion came from RCEP member countries, i.e. nearly 30% of the total. Xu BingCanton Fair spokesperson and deputy general manager of the China Foreign Trade Center said the international pavilion has helped RCEP member countries expand the Chinese market, as well as benefit from the vast resources of global buyers. of the Fair to export to the global market and share business opportunities.

Visit for more opportunities.

SOURCE Canton Fair

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