May 06, 2024 07:34 PM

ECONOMY

China’s Top Trade Fair Draws Record Buyers, but Not Record Orders

By Wang Jing and Qing Na

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Buyers and exhibitors negotiate in the Building and Decoration Materials section of the Canton Fair complex, Guangzhou, on April 27. Photo: VCG

Buyers and exhibitors negotiate in the Building and Decoration Materials section of the Canton Fair complex, Guangzhou, on April 27. Photo: VCG

A record number of overseas buyers attended China’s biggest trade fair, which concluded Sunday, though the value of their orders remained well below the all-time high.

A total of 246,000 foreign buyers showed up for the spring session of the biannual Canton Fair, up 24.5% from last year’s autumn session, official figures show. The value of the orders they placed rose 10.7% to $24.7 billion.

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