CGTN launches a new series called BizFocus, where anchors and reporters explore the most vibrant business sectors in China. Through in-depth interviews with industry experts and on-the-ground coverage, we bring you the latest developments and trends in various business sectors.

The 133rd China Import and Export Fair, also known as the Canton Fair is currently underway in Guangdong, Guangzhou province. It is being held amid a global economic downturn as high interest rates in the U.S. and Europe are weighing heavily on exporters. But with millions of visitors and traders thronging the fair venues, China has reiterated its position as the beating heart of global manufacturing. This time, a wide range of industry 4.0 technologies are being showcased. CGTN's Huang Fei takes a closer look at how the event is boosting international trade and providing new impetus to the global market.