The largest-ever 133rd China Import and Export Fair (also known as the Canton Fair) concluded successfully in Guangzhou on the 19th. This edition marked the first offline fair since the pandemic, with over 35,000 companies applying for booths, exhibition space totaling 1.5 million square meters, more than 5,000 high-quality specialty enterprises participating, over 9,000 new exhibitors, more than 60,000 overseas buyers, and export deals amounting to USD 12.8 billion. Nearly 1,300 exhibitors from Ningbo secured USD 768 million in orders, accounting for approximately 6% of the national total. According to incomplete statistics, 563 lighting companies showcased 22,560 products at the offline event, including nearly 80 lighting enterprises from Ningbo, fully demonstrating Ningbo’s strength as one of China’s top three lighting export hubs and a traditional foreign trade powerhouse.
Notable exhibiting companies from our province include Zhejiang Yankon Lighting, Huarong Technology, Dongban Lighting, Zhejiang Sibening Lighting, Langge Lighting, Shangge Lighting, Siying Optoelectronics, Frex Lighting, Yisheng Lighting, Tuya Smart, Ouluke Lighting, Zhongsai Lighting, Yasheng Lighting, Yourong Lighting, and others—covering industry leaders specializing in niche, innovative, high-tech, and “Little Giant” enterprises.
Feedback from the frontlines and discussions with returning member enterprises indicate mixed reviews of this Canton Fair. Well-known European and American exhibitors are still recovering, while exhibitors from Southeast Asia, the Middle East, and Africa significantly outnumbered those of previous years. North American buyers placed orders cautiously due to increased tariffs, and there is a noticeable trend of supply chains shifting toward Southeast Asian countries.
The road ahead is long and demanding—we must persistently seek progress! After three years of the pandemic, mindsets and consumption habits have changed. No one should expect major orders or breakthrough growth from a single offline event. Instead, companies should expand markets externally while strengthening core competencies internally, venture out more, and embrace globalization.
Editor: Zhao Haiqin
Reviewed by: Wang Junkai
