The world's biggest trading player

 Economists have described the economic crisis and economic recovery caused by Code 19 as a major test of the century that no country alone can deal with. There are many problems. The need for unity and cooperation for economic recovery in the eyes of the international community as we see it today is perhaps unprecedented in the past. Unlike the rest of the world, economic activity in China is booming due to the strongest epidemic measures and high vaccination rates, a recent example being the successful holding of the Canton Fair.

When it comes to China's most important economic activities, the world-renowned "Canton Fair" tops the list. The "Canton Fair" is also known as the China Import and Export Fair. When the festival was first launched in the city of Guangzhou on April 25, 1957, only 13 companies participated in the event and a total of over 17 17 million was transacted. Today, the Canton Fair, in its 130th session, has become China's largest trade activity and the most important trade show in terms of exports and imports. Overcoming all the difficulties and challenges during the epidemic situation, this year also the festival was successfully organized on online and offline basis. The Canton Fair is usually held twice a year, in spring and autumn, respectively. After 64 years and 129 sessions, the fair's exhibition area now stands at 400,000 square meters, with the Hanover Fair Ground in Germany and the United States. It is said to be the third largest trade fair in the world after the World Market Center Las Vegas.

More than 26,000 companies showcased their products during the five-day fair, which runs from October 15 to 19 this year, and more than 200,000 people from 210 countries and territories attended the fair. It is estimated that the total value of various trade activities during the fair will be more than ا30 billion. , Where special products of companies active in rural communities were offered at discounted prices. Most of these companies make industrial agricultural products, taking advantage of the Chinese government's anti-poverty measures. A total of 838 companies have benefited from this offer. Highlighting the importance of environment during the fair, the importance of transparent energy was also highlighted. The sectors showcased new low-carbon, low-pollution, and energy-saving green products. The world has also been introduced to new Chinese technologies that are extremely helpful in protecting the planet.

The history and development of the Canton Fair is also an indication of how effectively China has established trade relations with the rest of the world and played a key role in global economic development. In the same way, the festival tells the story of the success of the business people and companies whose products are reaching the world market through their hard work day and night. When the Canton Fair began in the late 1950's, China's foreign trade was almost non-existent. Today, China is the world's largest trading nation, the world's largest exporter, and the world's second largest importer. Prior to 1990, China's share of total world trade was less than one percent, rising sharply to 15 percent last year, leaving China far ahead of the United States at 8.1 percent and Germany at 7.8 percent. ۔

Looking at the trade figures for the last two quarters, it is safe to say that China's share in world trade will increase further, as will the overall trade volume of Canton Fair transactions. The biggest advantage of this festival is that it provides equal opportunities for Chinese companies as well as foreign companies to participate so that they can showcase their products to the world. Foreign companies also have the advantage that They can make their products in the light of the demand of Chinese consumers by taking advantage of the huge Chinese market and take advantage of the strong purchasing power of the Chinese people.