Core Insights - The 138th China Import and Export Fair (Canton Fair) concluded its second phase on October 27, attracting nearly 240,000 overseas buyers from 223 countries and regions, marking a 6.8% increase compared to the previous session [1] - The exhibition area for this phase reached 515,000 square meters, featuring nearly 25,000 booths focused on the theme of "Quality Home," covering categories such as household goods, gifts, decorations, building materials, and furniture [1] - Over 10,000 participating companies were present, with more than 2,900 recognized as high-tech enterprises, specialized "little giants," or green manufacturing centers, representing a growth of over 10% from the last session [1] Industry Developments - The second phase of the fair emphasized innovation and sustainability, redefining the boundaries of quality living [2] - Notable products included smart home items like electric adjustable beds with health monitoring systems, integrating health management into daily life [2] - The fair also showcased groundbreaking green materials, such as a negative carbon fragrance technology using shea butter wax, which has a carbon footprint only 7.9% of that of traditional candles, achieving "carbon reduction upon use" [2]

Group 1 - The 138th China Import and Export Fair (Canton Fair) is being held from October 15 to November 4 in Guangzhou, focusing on "Quality Home Furnishings" during its second phase [1] - The exhibition covers an area of 515,000 square meters with approximately 25,000 booths, featuring 15 exhibition zones across three main categories: household goods, gifts and decorations, and building materials and furniture [1] - Over 10,000 companies are participating, including more than 2,900 high-quality enterprises recognized as national high-tech enterprises, specialized and innovative "little giants," and green manufacturing centers [1] Group 2 - The fair has attracted global purchasing groups from leading retailers in the U.S., France, and Japan, with 145 top global companies confirming their participation [1] - Notable products showcased include electric adjustable beds with health monitoring systems, smart office chairs, and biodegradable products with over 90% degradation rate [1] - The event serves as a significant platform for the recovery and upgrading of global home furnishing trade, with various forums and product launches scheduled to facilitate communication between supply and demand [4] Group 3 - The core competitiveness of participating companies is highlighted by innovation and green initiatives, with industry leaders like Kingwan, Sanhuan, Supor, and Liansu leading the way in promoting industrial transformation [2] - The focus of housing development in China is shifting from mere availability to quality, encompassing design, construction, usage, and service [4] - The fair is expected to inject lasting momentum into global home furnishing industry cooperation [4]