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October 2012 15-19 112nd Canton Fair

The 112nd China Import and Export Commodities Fair (hereinafter referred to as "Canton Fair") was closed at Guangzhou Pazhou Complex in November 4th. The Canton Fair continued the last decline, the number of buyers and the number of participants have declined, for our four quarter of 2012 and the manufacturing sector in 2013 whether the warming has been a question mark. It is worth mentioning that the grim situation in the international market demand, the adjustment of industrial structure is paying off, the number of orders brand enterprise average obtained is brand enterprises 3 times, average turnover is 6.2 times higher than non brand enterprises. The idea of cultivating new competitive advantage of foreign trade with technology, brand, quality and service as core has gone deep into enterprises. Overall, the 112nd Canton Fair as a barometer of China's foreign trade exports and "weathervane", did not bring encouraging expectations for China's sluggish manufacturing industry.