Automobile exports grew by 32.3%, ship exports increased by 8%, and flat panel display modules and general machinery exports grew by 25.1% and 34.8% respectively... These are the growth rates of manufacturing imports and exports in Guangzhou for August. This session of the Canton Fair is expected to keep the export performance of "Made in Guangzhou" and even "Made in China" on a positive trend.
Guangzhou E+ Environmental Technology Co., Ltd. showcased its latest upgraded heat pump type high-efficiency heat recovery fresh air ventilator and wall-mounted ductless heat recovery fresh air ventilator at the Canton Fair. "Our products are more intelligent and energy-efficient after the upgrade. In addition, we have designed our products with differentiation to reduce installation difficulty, and we expect the first phase of intended transaction orders to reach 3 million yuan," said the company's representative, Wu Shuxian.
The reason "Made in China" can gain a strong following in the global market lies in its increasingly powerful independent R&D capabilities and rapid market response. Shandong Weida Machinery's senior account manager for the Eurasian market, Zhang Jinxin, showed me a proprietary patented new product, the "drill chuck." This is a high-end product mainly sold to the European and American markets, which has been fitted with a "lock mechanism," significantly improving performance indicators such as stability, operating accuracy, and service life. "The R&D time for high-end products is generally around three to six months, which is leading in the global industry. Often, our peers in other countries are still working on the previous generation of products, while our new generation has already come out."
Foreign businessmen are attracted by the cool-looking electric vehicles.
This session of the Canton Fair features more enterprises and products that embody new productive forces than the previous one. Among the exhibitors in the first phase, the number of enterprises embodying new productive forces has increased by 39.8% compared to the previous session. Among them, over 4,200 enterprises have been awarded titles such as "Specialized, Refined, Distinctive, and Innovative 'Little Giant'" and "Manufacturing Single Champion," with a total of 11,181 booths, accounting for 37.6% and 44.9% of the total number of export exhibition enterprises and booths in the first phase, respectively, an increase of 39.8% and 35.5% compared to the previous session.
In addition, in the first phase of the export exhibition, there were 3,600 enterprises in fields such as new energy vehicles, lithium batteries, and photovoltaic products, digital technology, and intelligent manufacturing. Humanoid robots, smart devices, brain-computer interface products, and other items were favored by overseas buyers.
Vice President of Marketing at Hisense International Marketing Company, Wang Bao, told me that in overseas markets, there is a growing demand for high-end home appliances, especially in regions such as the Middle East and Africa, South America, etc. This trend is becoming apparent. Young people have become a new force driving the consumption of high-end home appliances.
Foreign businessmen are experiencing the brain-computer intelligent sleep device that integrates cutting-edge brain-computer interface technology.
Wang Bao stated that in the process of advancing to the upstream of the industrial value chain, the "new three items" of foreign trade remain the most watched "stars" at the Canton Fair. In the first three quarters, China's exports of electric vehicles, lithium batteries, and photovoltaic products reached 757.83 billion yuan, accounting for 4.1% of China's total export value. The export market for the "new three items" of foreign trade spans more than 200 countries and regions.
Regarding the development trend of the "new three items" of foreign trade, Liu Yejin believes that the industry should maintain sufficient patience; in addition, related fields such as digital technology, AI artificial intelligence, and smart city construction also have potential, and it can be expected that the application of new technologies such as digital technology, AI artificial intelligence, and smart city construction will make greater progress in the next two to three years.
Wei Jianguo, Deputy Director of the China Center for International Economic Exchanges and former Vice Minister of Commerce, also stated that the "new three items" of foreign trade align with the trend of green economy, and Chinese enterprises have taken the lead in this area. "With the platform of the Canton Fair, more small, medium, and micro enterprises, cross-border e-commerce enterprises, and enterprises from the central and western inland regions can directly and conveniently connect with overseas buyers, promoting their products, technologies, and brands to the international market," said Wei Jianguo.
