Canton Fair is China’s largest trade fair with a complete product range of Chinese Commodities. It is divided into three phases, with the first phase focusing on Machinery, Electrical and Electronic products, the second phase focusing on Home and Decoration, while the third phase focusing on textiles, garments and fashion accessories.
  Co-hosted by the Ministry of Commerce of the People’s Republic of China and the Government of Guangdong province, the Canton Fair attracts business from across the globe to China’s oldest international trade fair.
  The competitive price of goods available through the Canton Fair is clearly a major draw for many African importers. One Nigerian businesswoman, in Guangzhou to purchase window frames and rainwear, said the 112th Canton Fair was the fourth consecutive event she had attended. “Chinese goods are of ideal price and good quality,” she asserted, having exhaustively surveyed exhibitors’ prices.

  In addition to business opportunities, the multitudes of sellers and buyers at the fair, officially known as China Import and Export Fair, are watching closely the latest developments in the yuan exchange rate dispute.
  The year 2009 was a year when the world financial crisis kept spreading. The Chinese government made the resolute decision and took timely measures to implement a package plan aimed at maintaining steady and fast growth, and successfully achieved the goal of “sustaining economic growth, ensuring people’s well-being and maintaining stability”. The Canton Fair also managed to go forward steadily in this difficult time. During the 105th and 106th session the Canton Fair’s total export volume reached 56.7 billion USD, and its overseas buyers attending the fair had also gained a recovery increase.