To promote the bilateral trade event at the press conference, a team of three delegates from the China Foreign Trade Centre presented the scope and opportunities at the Canton Fair and how it is an indispensable event for business growth. A similar event was conducted in Delhi on June 28 at the Taj Mahal Hotel.
The event was attended by dignitaries and many eminent personalities from the corporate world and trade associations, including Vijay Kalantri, President, AIAI; Chandrakant Salunkhe, Founder President, SMB Development Chamber of India; Suresh Sharma, Vice President, ICECC; Ashish Pednekar, President, MACCIA; and Sanjay Bhide, Secretary, Trans Asian Chamber of Commerce & Industry; among many others.
The 112th edition of the Canton Fair will commence in three phases of five days each. Phase 1 will be held from Oct. 15 to 19, Phase 2 from Oct. 23 to 27, and Phase 3 from Oct. 31 to Nov. 4. It will be co-hosted by the Ministry of Commerce, China and People's Government of Guangdong Province, and organized by China Foreign Trade Centre. As the official travel company for the Canton Fair for 2012, Orbitz Corporate & Leisure Travels (I) Pvt. Ltd. will facilitate the travel arrangement for the interested Indian delegates.
The Canton Fair is a biannual affair held in Guangzhou, China, every spring and autumn, and is the largest and most comprehensive trade fair in China. It has the broadest distribution of overseas buyers and records the greatest business turnover in China. The previous hosting of the Canton Fair in April 2012 attracted over 2 lakh buyers and close to 210 participating countries. With over 58,000 stands and 150,000 different types of products exhibited at each fair, it achieved a staggering business turnover of $37.9 billion. India's presence at the fair has been steadily growing with around 9,000 buyers out of a total of 2.2 lakh in the previous edition, which would significantly increase this year.