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Wenzhou enterprises reap $91m in orders during 1st phase of Canton Fair

ezhejiang.gov.cn| Updated: April 23, 2024 L M S

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Wenzhou enterprise booth at the 135th Canton Fair. [Photo/ohnews.cn]

The recently-concluded first phase of the 135th China Import and Export Fair proved a remarkable success for Wenzhou, as 304 local enterprises showcased their products across 556 booths. The Wenzhou trade delegation attracted a total of 11,393 buyers, including 3,710 prospective buyers, resulting in intended transactions worth $91.139 million.

Zhejiang Yonqou Technology Co Ltd, a seasoned participant, showcased a variety of innovative products at the fair. Their display garnered much interest, particularly from Singaporean buyers impressed by a corrosion-resistant magnetic pump.

This year’s fair set up the Cross-Border E-commerce and Overseas Warehouse Display Area for the first time, with six Wenzhou enterprises participating. Companies in the new area were granted permission to participate in all three phases of the fair, enhancing networking opportunities.

Anfu New Energy Technology Co Ltd, a regular participant, showcased its new energy charging pile products. The company's products, known for their reliability, received significant attention, resulting in intended orders totaling $3.5 million within the first three days.

Wenzhou Kinee Electrical Co Ltd, focusing on photovoltaic combiner boxes, found major export markets in Africa and the Middle East. The fair brought a surge in inquiries from these regions and led to direct signings from Nigerian buyers on-site.

Wenzhou Meisen Electric Co Ltd noted increased interest from Southeast Asia and countries involved in the Belt and Road Initiative.