Canton Fair: Trade Matching Activity - A Diamond Platform

GUANGZHOU, China, Nov. 10, 2010 /PRNewswire-Asia/ -- For most of the trade show attendants, finding the perfect partner among booths and exhibitors may not be an easy task. To help buyers with different needs cope with this problem, the Canton Fair now provides "Trade Matching Activity", where buyers and suppliers can have a face-to-face negotiation with each other. It has been praised as a "diamond platform" at the Canton Fair.

Through the "Trade Matching Activity", Onninen Group of Finland, with 160 branches in 8 European countries and over 3300 employees, has obtained information from over 70 potential suppliers. They hope there will be more opportunities to organize this kind of interactive trade matching activity, so they could find more quality suppliers. "If the Canton Fair is considered as a Golden Platform, I would say today's activity is a Diamond Platform," said Mr. Sun Guotao, Far East Chief Representative of Onninen Group of Finland.

Home Center Kohnan, a Japanese corporation that has an annual import of 500 million USD, comes to the Canton Fair with a procurement list ranging from building material to home kitchenware. The Trade Matching Activity they hold attracts more than 50 suppliers in the fair. Both buyers and suppliers go through discussion over manufacturing specification, price and quality of various products. Ms. Haruko Arakawa, Corporate Officer and General Manager of the Overseas Business Department, said since the financial crisis, the Home Center Kohnan relied more on direct import overseas products and had stronger demand for high quality products with low price. To their notice, as the Chinese have been getting more and more competitive in recent years, Chinese products have taken up 70% of their imports. The Home Center Kohnan expects Chinese companies to provide products that meet the demand of the Japanese market.

Trade Matching Activity injects fresh vitality to the historic Canton Fair, and many buyers leave with a fruitful day. Along with the global economic recovery, the Canton Fair, which always keeps up with the times, will undoubtedly be the first-class platform for better products and better business.

SOURCE China Foreign Trade Centre (CFTC)