The 19th session of the 110th Canton Fair. The reporter learned that due to the influence of external market demand, orders for Europe and the United States in the first phase of the Canton Fair have significantly declined; in contrast, purchase orders from emerging market countries such as Asia and South America have grown rapidly.
According to statistics, the cumulative turnover of the Canton Fair's mechanical and electrical products for the first three days was US$8.66 billion, an increase of 5.2% over the same period of the previous year. Among them, household appliances, refrigerators, hand tools, and auto parts are the main products sold, with transactions of 1.49 billion U.S. dollars, 670 million U.S. dollars, 463 million U.S. dollars, and 458 million U.S. dollars, respectively, and refrigerators increased by 107.3% over the same period of last year.
According to regional statistics, the Asian-African market has grown rapidly, and transactions in North America and Europe, especially North America, have fallen significantly. The Asian market was strongly driven by the Middle East, India, and Vietnam. The turnover reached US$3.01 billion, an increase of 28.9% over the same period last year and accounted for 34% of the turnover. The African market also performed well with a total turnover of US$770 million. In the same period, it increased by 22.3%.
The growth rate of private enterprises was obvious, and state-owned enterprises showed a declining trend. In the first three days, the turnover of private enterprises in electromechanical museums reached US$4.86 billion, accounting for nearly 55% of the total, up 8.3% over the same period of last year; State-owned enterprises’ turnover was US$1.46 billion, down 5.5% over the same period of the previous year; foreign-invested enterprises transacted US$1.02 billion. , an increase of 7% over the same period of last year.
According to statistics, the cumulative turnover of the Canton Fair's mechanical and electrical products for the first three days was US$8.66 billion, an increase of 5.2% over the same period of the previous year. Among them, household appliances, refrigerators, hand tools, and auto parts are the main products sold, with transactions of 1.49 billion U.S. dollars, 670 million U.S. dollars, 463 million U.S. dollars, and 458 million U.S. dollars, respectively, and refrigerators increased by 107.3% over the same period of last year.
According to regional statistics, the Asian-African market has grown rapidly, and transactions in North America and Europe, especially North America, have fallen significantly. The Asian market was strongly driven by the Middle East, India, and Vietnam. The turnover reached US$3.01 billion, an increase of 28.9% over the same period last year and accounted for 34% of the turnover. The African market also performed well with a total turnover of US$770 million. In the same period, it increased by 22.3%.
The growth rate of private enterprises was obvious, and state-owned enterprises showed a declining trend. In the first three days, the turnover of private enterprises in electromechanical museums reached US$4.86 billion, accounting for nearly 55% of the total, up 8.3% over the same period of last year; State-owned enterprises’ turnover was US$1.46 billion, down 5.5% over the same period of the previous year; foreign-invested enterprises transacted US$1.02 billion. , an increase of 7% over the same period of last year.
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