On Oct. 30, the 98th China Export Commodities Fair was closed in Guangzhou. Xu Bin, Vice Secretary-General and the Spokesman of the Fair, held a press conference and gave a briefing on this Fair and answered questions of reporters. Complete text of his speech:
Distinguished friends from media:
Good Afternoon,
Under the powerful leadership of the Ministry of Commerce, and with the strong support and cooperation of Guangdong provincial committee and government, and Guangzhou municipal committee of CPC and People's municipal government, and mutual efforts of each trading delegation, chambers of commerce and associations and all exhibitors, the 98th China Export Commodities Fair successfully accomplished its tasks and made good achievements. Today, the Fair will be closed and I would like to give a briefing on his Fair to friends from media.
1, Number of purchasing traders at this Fair was slightly down, but still exceeded 170 thousand.
In 2005, domestic and foreign economy has a series of changes, China's foreign trade faced with new challenges, such as price fluctuation of oil and other raw material, adjustment of RMB exchange rate and serious trade friction etc.
Total 177 thousand purchasing traders from 210 countries and regions coming to this Fair, down by 9.3% compared with the 97th Fair but up by 5.5% compared with the 96th Fair. Top 5 countries and regions were: 32967 traders from Hong Kong, 12352 from the USA, 10315 from Taiwan, 6199 from Japan and 5932 from Korea. Number of traders from France, Italy, Spain, Poland and Russia rose with a two-digit rate.
By country and region, number of purchasing traders from Africa and Asia decreased by a big margin but from Europe kept on a great growth. 8660 traders were from Africa, down by 30.3% compared with the 97th Fair and up by 17.1% compared with the 96th Fair, 99996 from Asia, down by 11.6% and up by 1% compared with the 97th and 96th Fair respectively, 22239 from America, down by 9.5% and up by 13.7% respectively, 37150 from Europe, up by 7.4% and 17.4% compared with the previous two Fairs respectively and 5594 from Oceania, down by 11.6% and up by 12.1% respectively.
74 world famous transnational retail sellers took part in the Fair.
2, Export transactions maintained a steady increase.
Total transactions of this Fair hit US$29.43 billion, up by 0.7% and 8.2% compared with the 97th and 96th Fair respectively. Top 3 regions and countries based on transactions were EU, USA and Middle East, and transactions of them reaching US$10.44 billion, 4.29 billion and 3.68 billion respectively, accounting for 35.5%, 14.6% and 12.5% respectively of total transactions. On the other hand, transactions of Middle East fell by 6.6% over the previous Fair and kept at the same level over the 96th Fait. Transactions of Japan rose by 30.6% and fell by 12.6% compared with the 97th and 96th Fair respectively.
By transactions of major commodities, machinery and electronic products were still the main part and transactions hit US$12.25 billion, accounting for 41.6% of total transactions, up by 2.7% and 13.2% compared with the 97th and 96th Fair respectively, of light industrial products amounted to US$9.76 billion, accounting for 33.2% and up by 1.8% and 11.1% respectively, of garments were US$2.46 billion, accounting for 8.4% and down by 10.1% and 13.8% respectively, and of textile products US$2.24 billion, accounting for 7.6% and up by 2.6% and 2.2% respectively.
Transactions of textile products and garments were slightly down. Main reason for which was that China-US textile trade negotiation has not been reached, number of US purchasing traders decreased obviously, and China’s exports to the US fell by 38.3% compared with the 96th Fair.
By region, top 3 were still eastern coastal provinces, Guangdong with a value of US$7.78 billon at this Fair, up by 5% and 21.5% compared with the 97th and 96th Fair respectively; followed by Zhejiang and Jiangsu, transactions of them hitting US$4.2 billion and 3.07 billion respectively, up by 3.5% and 4.9% respectively compared with the 97th Fair and up by 11.4% and 10.5% respectively compared with the 96th Fair. In Central China, transactions of Anhui and Hubei increased rapidly, up by 9.2% and 3.6% respectively compared with the 97th Fair and up by 27.2% and 13.2% respectively compared with the 96th Fair.
By ownership, private enterprises were active and total transactions reached US$13.54 billion, accounting for 46%, up by 130% and 36.5% respectively compared with the 97th and 96th Fair, transactions of state-owned enterprises were US$12.07 billion, accounting for 41%, up by 9.2% and 14.3% respectively.
Besides, e-commerce played a role of promotion in export transaction.
3, Great achievements in establishment of export brand name have been made.
This Fair kept on with efforts to implement the strategy of export brand name, to enlarge exhibition section of brand name and to show Chinese famous brand named commodities. Transactions in brand name section amounted to US$6.74 billion, accounting for 23%, of which transactions in home appliances were US$3.56 billion, accounting for 83.6%, in garment US$910 million and in electronic and information products US$440 million, accounting for 19.4% and 30.8% respectively.
Besides, during this Fair, the Ministry of Commerce successfully held the 2005 Performance of Chinese Brand Named Export Garment, which enhanced the awareness of self-innovation and export brand of garment enterprises, and won a high appraisal.
4, Management and service quality of Canton Fair were improved gradually.
This Fair strengthened management of exhibition booths, reinforced the protection of IPR and did a better work in security and sanitation.
At the end, please allow me, on behalf of staff of News Center of Canton Fair, to thank reporters here for your diligent work to the successful holding of this Fair and great support to the work of Organizing Committee.
Thanks!
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