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April 24, 2011

The 109th China Import and Export Fair (Canton Fair)

China Import and Export Fair,also called Canton Fair, is held twice a year in Spring and Autumn since it was inaugurated in the Spring of 1957. It is China’s largest trade fair of the highest level, of the most complete varieties and of the largest attendance and business turnover. Preserving its traditions, the Fair is a comprehensive and multi-functional event of international importance.

The first phase of the 109th China Import and Export Fair (Canton Fair) began on Apr. 15 and closed on Apr. 19. About 102,242 purchases visited the fair, up 9.05% from the 108th fair, also higher than expected. Industry players said it was a sign of global economic recovery. The purchasers from Japan totaled 1,804, up 9.80% from the last fair, which means that the demand surged after the earthquake hit Japan. The purchasers from Europe were 10,614, up 2.10% from last fair while America purchasers were 2,566, up 3.89% from last fair.

Guangzhou Crystal Technology Co., Ltd., as a 26 years experienced company in diamond tools, had the chance to grasp the unlimited opportunity of Canton Fair. Although it is the first time to show up in the fair, the result is exceeding our expectation. We will continue to try our best to offer you reliable diamond tools.