Canton Fair Attracts 167,000 Global Buyers

Guangzhou experienced an 83% year-on-year increase in taxi orders, alongside a significant rise in hotel and guesthouse bookings. Guangzhou experienced a significant increase in tourism activity during the first phase of the 139th China Import and Export Fair (Canton Fair). Platform data indicates that ride-hailing orders for inbound users in Guangzhou grew by 83% during this period. The surge coincides with the high volume of domestic and foreign merchants attending the trade event. Officials noted the surge reflects increased confidence in the Chinese economy and products among international purchasers.