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Foreign trade shows recovery growth, Guangzhou's economy bottoms out and rebounds
According to the analysis of the Municipal State Taxation Bureau, there has been a "double increase" trend in the number of overseas buyers and export transactions attending the meeting. This year's trade fair attracted 204000 overseas buyers from 212 countries and regions, an increase of 15800 people or 8.4% compared to the 106th session; The export transaction volume was 34.3 billion US dollars, an increase of 12.6% compared to the 106th session. The attending buyers and export transactions showed a double upward trend month on month, and the entire economy released a signal of bottoming out and rebounding.
There are signs of a trade-off between traditional and emerging markets. The overall number of overseas buyers attending this year's meeting has increased, but the number of EU buyers attending has decreased by 15.2% compared to the 106th session, and Japan has decreased by 4.6%; Emerging market buyers have significantly increased, with significant growth and strong growth in the number of buyers from Asia, the Americas, Africa, and Oceania attending the conference. Among them, the number of procurement merchants from Oceania increased by 23.6% compared to the 106th session, and the purchasing desire of emerging market buyers has significantly increased.
The situation of foreign trade exports remains severe
The new record high level of enterprise participation and exhibition scale indicates that confidence in the foreign trade market is increasing. It is reported that the total number of exhibitions at this year's Canton Fair is 56900, an increase of nearly 1000 compared to the 106th edition; The total exhibition area reaches 1.13 million square meters; The total number of participating enterprises reached 23400, an increase of 1039 compared to the 106th edition. On the basis of maintaining a stable overall exhibition layout, this year's Canton Fair continuously optimized the product structure of the exhibition, increased product added value, and moderately expanded the brand exhibition area. It set up 10400 booths, an increase of 480 compared to the 106th session, with a growth rate of 5%; The transaction volume of the brand exhibition area reached 10.6 billion US dollars, an increase of 6.1% compared to the previous Canton Fair and accounting for 30.9% of the total transaction volume.
But the situation of foreign trade exports is still not optimistic According to the analysis of the Municipal State Taxation Bureau, although the Canton Fair has achieved a "double increase" in overseas buyers and export transactions, it still focuses on medium to short orders. Enterprises are cautious in accepting orders, with short orders within three months accounting for 53%. The foreign trade export situation is far more complex than expected. Due to the disturbance of the European sovereign debt crisis on the recovery trajectory of European and other economies, financial risks have re spread, and the combined impact of uncertain factors such as the expectation of RMB appreciation, the sustainability of national policies, and the increase in rigid costs, the situation of foreign trade exports will become even more severe.
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