广交会在中美对立下盛况依旧

Core Insights - The article highlights a significant shift in China's export structure, moving away from reliance on the U.S. market, with a 6% overall export growth in the first nine months of the year, and notable increases in exports to ASEAN (15%) and Belt and Road countries (11%) [1][7]. Group 1: Trade Dynamics - The Canton Fair continues to thrive, with an increase in the number of participating buyers, reaching 310,000, an 8% growth compared to the previous year, and export contracts signed amounting to $25.65 billion, a 3% year-on-year increase [3][5]. - The fair reflects a changing landscape in Chinese exports, with more communication among buyers in languages other than English, indicating a diversification of trade partners [1][5]. Group 2: Regional Impact - There is a notable increase in foreign visitors to Guangzhou, with the number of tourists from Thailand and Malaysia significantly rising, doubling compared to the same period last year [6]. - The local economy is benefiting from the influx of foreign buyers, with new businesses opening in response to increased demand, particularly in the electronics market [6][7]. Group 3: Economic Shifts - China's total export value reached approximately $2.8 trillion in the first nine months, with a 6% year-on-year growth, while exports to the U.S. have decreased by 17% [7]. - The shift in export focus is evident as China seeks to establish a more balanced trade relationship, reducing dependency on the U.S. market [7].