2 min read
25 May
25May

On May 5th, the offline exhibition of the 133rd China Import and Export Fair (referred to as the "Canton Fair") successfully concluded in Guangzhou. Xu Bing, spokesperson for the Canton Fair and deputy director of the China Center for Foreign Trade, said, "Foreign buyers are actively participating in the fair, and export transactions are better than expected." It is reported that the exhibition area and number of participating enterprises at this year's Canton Fair have reached historic highs, with on-site export transactions reaching 21.69 billion US dollars, indicating a positive signal of a rebound in foreign trade. In the third phase of this year's Canton Fair, the textile and clothing exhibition area can serve as the main force, with an exhibition area of 220000 square meters, approximately 4800 participating enterprises, and more than 9000 booths. Numerous new products and technologies will be presented at the Fair. According to customs statistics, in March, China's textile and clothing exports stopped falling and rebounded, with export volume exceeding that of February this year and the same period last year, and overall exports stabilized. In US dollars, textile and clothing exports in March reached 26.39 billion US dollars, a significant increase of 82% month on month and 20% year-on-year. The data also indicates that the foreign trade situation of textiles and clothing has shifted from negative to positive since March. How can the industry maintain this trend and seize the opportunity of opening up in the second quarter? Let's start by observing the Canton Fair.

New products meet new needs.

In the textile and clothing exhibition area, from textile fabrics to finished product production, more and more exhibitors are complying with the national "dual carbon" strategy and launching green and low-carbon products. In recent years, the company has increased investment in product innovation, design, and research and development, strengthened the drive for low-carbon, environmentally friendly, and sustainable development, and continuously improved the quality of products and services. Taking denim clothing as an example, in terms of fabrics, biodegradable cotton, recycled cotton, regenerated polyester, hemp, zero carbon Lyocell, functional three proof fabrics, jelly denim, etc. are used; In terms of water washing, ozone and enzyme washing can react with the pigments in tannins to brighten the color without bleaching, achieving a popular fading appearance in a more environmentally friendly way. Later, laser treatment is used to replace traditional water washing without adding chemical washing agents, which not only significantly reduces water consumption but also reduces environmental pollution caused by chemicals.

New friends exploring new markets.

This year, there are particularly many domestic buyers, echoing the national dual circulation strategy policy direction. The structure of foreign purchasers is different from that of previous years. This year's foreign businessmen I met are mainly foreign businessmen from RCEP member countries and countries along the "the Belt and Road". The person in charge of Dongguan Woolen Fabric Management Committee introduced that the Canton Fair has always been the main battlefield for enterprises to expand the market and seize orders. The participating enterprises of Dalang Woolen Fabric will fully utilize the Canton Fair as an important trade promotion platform, continuously innovate, enrich business formats, strive to expand the international market, and increase domestic sales.The 5.1 exhibition hall in Zone A, where the Fashion Week main show is located, has set up an industrial cluster exhibition area with a display area of nearly 1800 square meters. 11 industrial clusters from all over the country participate in the exhibition, and the display product range covers clothing and clothing accessories, leather goods, bags, shoes and other categories.

Not only to sell globally, but also to buy globally.

In recent years, the industry has been under pressure to move forward. Currently, there are still blockages and breakpoints in the global industrial chain supply chain, and the demand of major global economies such as the United States and Europe is further compressed. Where are our opportunities? The Canton Fair also gives us some inspiration. The first is to make good friends. At present, the demand for Made in China of RCEP member countries and countries along the "the Belt and Road" is growing. The second is that products with high technology, high added value, and leading green transformation have become a new driving force for driving the growth of foreign trade exports. The third is strong domestic demand and strong consumption. With the recovery of domestic consumption, the demand for imported goods is also constantly increasing. Therefore, we not only need to sell globally, but also need to do a good job of buying globally. Chu Shijia, Director of the China Center for Foreign Trade, said, "The Canton Fair is a big article and a big book that is often read and updated." Whether enterprises can seize the opportunities reflected in the Canton Fair, find their own track, and accelerate going global is also the key to our foreign trade growth point in the second quarter.