In CGTN's new series BizFocus, our anchors and reporters in Beijing and around China will get up close with some of the most dynamic business sectors in China. On Thursday, CGTN's Huang Fei will take a deep dive into the China Import and Export Fair, also known as the Canton Fair, in the southern city of Guangzhou.
Crowds at the Canton Fair, Guangzhou, Guangdong Province of southern China, April 19, 2023.
The country's largest trade fair is taking place amid a global economic downturn as high borrowing costs in the U.S. and Europe weigh on exporters. But as millions set foot in the world's largest exhibition complex over this three-week period, China wants to show it remains the beating heart of global manufacturing – with a wide array of Industry 4.0 technologies added to the catalog for the first time.
The industrial manufacturing at the Canton Fair, Guangzhou, Guangdong Province of southern China, April 19, 2023.
CGTN listens to buyers, exporters, economists and business leaders to see what fuels China's economic resilience.