Trade bridge connecting China and Latin America

GUANGZHOU, China, April 19, 2022 /PRNewswire/ — Two events from 131st Canton Fair virtual promotion, including one between China and Argentina and the other between China and Colombiatook place recently to promote to exchange electronics and appliances.

Such a distinguished guests attended and addressed the meeting as Xu Tianshu, Third Secretary of the Economic and Commercial Counselor Office of the Embassy of the People’s Republic of China in Argentina and Yu Yi, deputy general manager of the Foreign Affairs Bureau of the Canton Fair. Around 300 Argentinean and Colombian representatives from industry and trade associations, buyers and suppliers participated in the online events.

Mr. Yu presented the novelties of the 131st Canton Fair during online events, with a focus on the latest functions and updates from the official website. He also welcomed all participating Latin American companies and welcomed their active engagement. In addition, several guests gave individual speeches at the virtual promotion events, expecting broader exchanges, deeper friendship and more common development between Chinese and Latin American industrial and business communities.

Yibin-based electronics and home appliance manufacturers, Sichuan Province and Zhuhai, Guangdong Province connected with Latin American shoppers online to promote their products. Chinese companies and their Latin American counterparts discussed various topics, including product features and import and export regulations. Both virtual promotional activities saw active interaction and lively discussions between participating suppliers and buyers on a wide range of topics, garnering positive feedback from attendees.

Trade and investment cooperation is booming between China and Latin America, two major emerging market economies. Despite the global spread of the COVID-19 pandemic and a slow recovery in the global economy, the total China-Latin America trading volume set a new record in 2021, surpassing 450 billion US dollars. Meanwhile, China remains Latin America second trading partner, demonstrating the resilience and great potential of economic cooperation between the two economies. The 131st The Canton Fair intends to support China’s total openness to the world, quality international trade and facilitate the dual circulation of national and international markets. Accordingly, the Fair will continue to showcase the market potential of China’s major trading partners, with emphasis on expanding partnerships between China and Latin America and other emerging markets.

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SOURCE Canton Fair