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    The Closure Of The China Fair Ended In Shanghai By About 40%.

    2009/3/9 0:00:00 25

    The nineteenth session of 5 days

    East China Import and Export Commodities Fair

    Recently, the exhibition ended in Shanghai. The exhibition is known as "China's first exhibition of foreign trade" in the industry, and is known as "barometer of the international market".

    Economic trend

    It's called wind vane.

    Reporters learned from the organizers that this

    East China Fair

    The total export volume was $2 billion 240 million, down 39.06% from the previous one.

    Among them,

    Textile and clothing

    The turnover was $1 billion 245 million, down 32.47% from last year, and $898 million in light industry technology, down 43.67% from last year.

    Other commodities traded at $97 million 860 thousand, down 59.13% from the previous one.

    Current

    East China Fair

    There were 18229 overseas businessmen, down 5.37% from the previous one.

    The number of overseas businessmen from 140 countries and regions decreased by 5 compared with the previous one.

    The order of overseas merchants dropped significantly at this China Fair.

    The largest number of buyers were Japanese merchants, who traded $656 million 890 thousand, but fell by 27.53% compared with the previous session. The European Union traded at second, closing 524 million 360 thousand dollars, down 40.36% from the previous session; the US traded third, with a turnover of 310 million 570 thousand US dollars, down 46.70% from the previous one.

    Reporters at some exhibitors learned that exhibitors and merchants had more intention to conclude business, but merchants were cautious about placing orders.

    Many merchants only collected a large number of product and product information, such as product catalogues, quality assurance books, etc., and waited for the exhibition to come to their own businesses to find the right time to place orders.

    Some businessmen still wait and see, hoping that the export rebate rate of China's related products can be further improved, so as to increase their bargaining chips.

    It is worth noting that overseas

    financial crisis

    Let many international companies hope to sell products and expand market by Chinese exhibitions.

    East China Fair

    The number of overseas exhibitors as many as 120, covering Europe, America, Japan and South Korea and other countries, the volume of pactions increased significantly, reaching $4 million 350 thousand, an increase of 3.72 times compared with the previous session.

    Editor in chief: Xu Qiyun

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