The China Import and Export Fair is the Guangzhou Fair, referred to as the Canton Fair, and the English name is Canton fair. Founded in the spring of 1957, it is held in Guangzhou every spring and autumn. It is a comprehensive international trade event with a long history, high level, large scale, complete product categories, many merchants, and good transaction results.

Every year, the company actively participates in the Canton Fair, and this year is no exception. The first phase of the 2018 Spring Canton Fair was held in Guangzhou Pazhou Complex from April 15th to 19th. The company actively organized exhibition activities and achieved a complete success.

At this exhibition, the company is fully prepared as always. Various promotional materials such as posters and manuals have been placed in the exhibition hall early, and the product prototypes are placed on the showcase in a clean, tidy and orderly manner. It is particularly worth mentioning that in addition to high-efficiency and ultra-efficient boutique motors, we also exhibited more than 10 newly developed new products, such as permanent magnet AC servo motors and self-starting super-efficient permanent magnet synchronous motors. Motors, NEMA super-efficient 140-440 frame fully enclosed full horsepower (TEFC) three-phase motors exported to Europe and the United States, and special motors for woodworking and injection molding machines. The products have reached the advanced level of the industry in terms of appearance and internal quality. Foreign customers have come to our exhibition area to visit and negotiate. Through on-site communication and exchanges, the sales elites of our foreign trade department fully demonstrated the company's scale, strength and confidence, and introduced the company's profile through prototypes and brochures. The foreigners nodded and praised, some exchanged contact information, some even placed orders on the spot, and took photos together.

    According to statistics, this year's Canton Fair came from more than 200 countries and regions, and nearly 200,000 buyers attended the fair. The highlight themes of this year's Canton Fair are high-efficiency and green, functional manufacturing, innovation and technology, and quality and service. The turnover of the first phase of the Canton Fair this year showed a steady and positive trend. Faced with the impact of falling domestic cost advantages and trade barriers, exhibitors have successively moved to countries along the "Belt and Road" countries with more comprehensive cost advantages. The development of corporate trade has gradually adapted to the development strategies and business models of local market characteristics. Exhibitors reported on the spot that, benefiting from the advancement of the “Belt and Road” initiative, the turnover of intentional transactions from countries along the “Belt and Road” at the recent Canton Fair continued to increase. Both the number of buyers and willingness to place orders at this year's Canton Fair are more than those of the previous one, especially those from emerging markets such as the "Belt and Road" countries. The number of buyers attending the Canton Fair this year has increased over the same period last year, and buyers are paying more attention to new products with advanced technology and high added value. However, affected by the United States’ counter-globalization measures, exchange rate fluctuations, and rising raw material prices, buyers have become cautious in placing orders, and inquiries and price comparisons have become the norm. However, in terms of expectations for the export situation in the second quarter, 53.7% of enterprises are expected to achieve growth, an increase of 10.2 percentage points year-on-year. In view of the export situation for the whole year of 2018, 56.5% of enterprises are expected to achieve growth, an increase of 0.2% year-on-year.