China wants to take advantage of Guangzhou Fair to boost ties with Portugal

3 March 2011

Lisbon, Portugal, 3 March – China wants to take advantage of the Guangzhou Fair, the world’s largest industrial and trade fair, to boost ties with Portugal and the Portuguese-speaking countries, the economic attaché to the Chinese embassy in Portugal said in Lisbon Wednesday.

“We welcome the Portuguese-speaking countries and want to invite more companies to take part in the Guangzhou Fair, both importers and exporters to expand and promote new businesses and achieve mutual benefits,” He Ding told Portuguese news agency Lusa on the sidelines of the session to present the 109th edition of the Guangzhou Fair, which will be held from 15 April to 5 May.

He Ding also noted China’s interest in diversifying its economic and trade relations, both on the import and export side, which would include boosting relations with Portugal and the Portuguese-speaking countries.

Covering over 1 million square metres, the Guangzhou Fair is the biggest business platform in the world, in which over 20,000 foreign companies take part, along with over 200,000 buyers from across the world and where the number of products on exhibition totals over 150,000.

According to Jenny Wang, the assistant director of the International Department of the Chinese Foreign Trade Centre, the average attendance of Portuguese ocmpanies in the fair was around 550, a figure that the organisers would like to increase, also opening up the way for businesspeople that want to sell to China.

The previous edition of the Guangzhou Fair, in 2010, posted turnover o US$343 billion, a rise of 30 percent on 2009. (macauhub)

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