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The 97th Session of Chinese Export Commodities Fair

Tuesday,May 31,2005 Posted: 22:17 BJT(17 GMT)

Delivered by Mr. Xu Bing
Vice Secretary General and Spokesman of the CECF
(Apr. 30, 2005)
Dear journalists,

Good morning!

On this occasion when the 97th Session of Chinese Export Commodities Fair is concluding, please allow me to deliver an introduction to this session of the CECF.

Thanks to the effective leadership of the Ministry of Commerce and the joint efforts of trading delegations, import and export chambers of commerce, China Foreign Trade Centre and all the participants, this session of the CECF has been operated smoothly and safely. The fair has seen “two breakthroughs” both in attendance of overseas buyers and volume of business. And the fair realizes in “three optimizations” of the structure of exhibitors, exhibits and buyers, in “three upgrades” of the level of service, management and arrangement of exhibition as well as in “two accelerations” both in the daily work and the education of “maintaining the advanced nature” of the CPC members, so as to put across the work of all aspects.

Firstly, overseas buyers attend enthusiastically, and the number reaches 190,000.

The number of buyers registered at the 97th CECF increases smoothly over the 96th session. Up to 195464 overseas buyers from 210 countries and regions attend this session of the CECF, increasing by 16.4% over the last session and by 23.1% over the 95th CECF. The attendance of the buyers shows the following characteristics: First, there is a general increase of the attendance of buyers from around the world. 113074 Asian buyers attend the fair, increasing by 11.92% over the last session and occupying 57.85% of the total; 34613 European buyers attend the fair, increasing by 9.35% over the last session and occupying 17.71% of the total; 24561 American buyers attend the fair, increasing by 25.54% over the last session and occupying 12.57% of the total; 12434 African buyers attend the fair, increasing by 68.16% over the last session and occupying 6.36% of the total; 6335 Oceania buyers attend the fair, increasing by 26.98% over the last session and occupying 3.24% of the total. Second, big buyers such as Wal-Mart, Carrefour, Home Depot, Metro attend the fair enthusiastically. Among the top 250 world retailers, 71 attend the fair, and 25 of them are in the top 50. Third, new buyers expand greatly. There are 102154 new buyers who attend the fair, occupying 52.26% of the total and increasing by 29.93% over the last session. The top ten countries and regions in terms of number of buyers are: Hong Kong, US, Taiwan, Indonesia, Korea, Malaysia, Thailand, Japan, Australia and India.

Secondly, the turnover of export increases smoothly.

The total turnover of this session reaches USD 29.23 billion, increasing by 7.5% over the last session and rising by 19.3% over the 95th CECF.

Judging from the exhibits, machinery and electronic products are the majority of trade, recording a trade volume of USD 11.93 billion and accounting for 40.8% of the total; the trade volume of textiles and garments is respectively USD 2.74 billion and USD 2.18 billion, decrease by 4.1% and 0.3% over the last session; building materials and footwear increase rapidly, the trade volume of them is USD 0.83 billion and USD 0.75 billion, increasing by 39.9% and 23.2%.

Judging from the trading delegations, Guangdong Trading Delegation sets the first place in terms of trade volume, with its turnover reaching USD 7.41 billion and increasing by 28.2% over the last session. The second are Zhejiang and Jiangsu Trading Delegations. Their trade performance is USD 4.06 billion and USD 2.93 billion, increasing by 23.9% and 12.3% respectively.

Judging from the major trading countries (regions), EU takes the biggest part in the trade volume, which reaches USD 10.26 billion, increasing by 35.2% and accounting for 35.1% of the total. USA and Middle East take the second and the third place. Their trade volumes reach USD 4.55 billion and USD 3.79 billion, respectively 6.4% and 12.6% of the total.

Judging from the different nature of enterprises, the turnover of state-owned enterprises, private firms and foreign investment enterprises reach USD 13.3 billion, USD 11.98 billion and USD 3.95 billion, accounting for 45.5%, 41% and 13.5% of the total. Private firms take an active role in CECF and the trade volume increases by 78.9% over the last session.

Thirdly, the fair implements the strategy of National Export Famous Brand.

The 97th Canton Fair continues to enlarge the Brand Product Zone, display Chinese famous brand of export commodities, boost the deal of the brand products and develop favorable interaction between brand products and brand fair. The booths in the Brand Products Zone occupy 12% of the whole number, but the transaction in this zone reaches 7.42 billion US dollars, occupying 25.4% of the whole transaction volume.

Fourthly, the fair upgrades the quality of management and service.

This session of the CECF keeps strengthening the protection of intellectual property rights and continues to consummate the mode of the protection of intellectual property. For this, the fair implements an IPR accountability system that inspected the whole exhibits in detail especially those with more infringement cases on IPR before. The fair executs the regulation strictly and up till Apr. 29th, the Fair’s Complain Reception Office has investigated 203 cases that are related to 773 exhibitors and 425 of them are confirmed to be suspected ones. The rates separately go down by 8%, 16% and 9% against last session.

The fair continues to strengthen the management of booth and regulate the transaction order. According to the Administrative Regulations on the Use of Exhibition Booths at the CECF, the fair carries out the responsibility of booth management to practice an accountability system; implements the system of using the authentic names of participants; breaks the old rule of lifelong qualifications for participants. We put a premium on informing of an illegal transaction of booth, and such illegal acts are effectively reduced. The fair disciplines 7 enterprises which have illegally used the exhibition booths, they are: JIANGSU CHANGSHU FOREIGN TRADE CORP., GUANGDONG TAISHAN HUANQIU TRADING COMPANY LIMITED, HUNAN CHANGSHA INDUSTRIAL PRODUCTS & MINERALS IMPORT & EXPORT CO. LTD, SHENZHEN SANGAO AGRICULTURAL PRODUCTS IMPORT & EXPORT CO. LTD, HUNAN CORUN HIGH-TECH CO., LTD, BEIJING GALAXIA CLOTHES CO. LTD, CHONGQING CHANGJIANG IMP. & EXP. CORPORATION.

The e-commerce is adopted more widely at this session of the fair to increase the service level. The fair sets up 30 on-spot SCAN terminals, 14 E-commerce Centers at the venues, distributes 100,000 promotion discs and provides PDA download and WAP connection, etc. An on-spot information service system is established during the fair to satisfy the basic information demand at the venues for both buyers and exhibitors. The results are satisfactory and help to increase the transaction greatly. There are altogether 95.72 million visitors to the fair’s website, with an increase of 19.7% against last session, and 27.3% of them are from outside China. The intend transaction expected to be made on the Canton Fair Online reaches 340 million US dollars, with an increase of 7% against last session.

I have to emphasize the fact that the 97th CECF performs the education of maintaining the “advanced nature” of the party members according to the requirement of the Party Leading Committee and the Leading Advanced Nature Education Committee of the Ministry of Commerce. During the fair, the different organs of the fair such as the trading delegations, chambers of commerce and associations combine the educations with daily work. We manage to boost each other and reach the successful ending of this session.

Thank you!

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