The 138th Canton Fair kicked off in Guangzhou with record-breaking energy, spanning 1.55 million square meters and hosting 32,000 companies. Dubbed a "tech expo meets Coachella for global trade," this year’s event highlights China’s shift from manufacturing giant to innovation powerhouse. 💡
From Factories to Future Tech
With zones like "Smart Life" and "Service Robots," the fair’s first phase focused on advanced manufacturing. Think AI-powered barista bots 🤖, surgical robots with submillimeter precision, and solar-powered landscape bots. Companies like Haier and Midea showcased next-gen appliances, while startups wowed crowds with smart glasses and self-learning tech.
Why It’s a Big Deal
"This isn’t just about buying products—it’s about shaping industries," said He Sifan, a German firm’s China GM. Over 5,500 specialized exhibitors—including half of China’s "little giant" innovators—proved the country’s supply chain isn’t just resilient; it’s revolutionary. 📈
Shenzhen Yuejiang Tech reported a 165.5% revenue surge in service robots, while industrial bot exports are set to jump 50% in 2024. With China now holding the #2 spot in global robot exports, the fair’s vibe? Pure "tech-forward confidence."
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138th Canton Fair: China's assured advance in global value chains
cgtn.com