Core Insights - The 138th Canton Fair has significantly increased foreign presence in Guangzhou, leading to a surge in local consumption and business activity [1][3]. Group 1: Economic Impact - The Canton Fair has attracted thousands of exhibitors and buyers, creating a consumption boom in the city [1]. - Local restaurants, particularly those frequented by foreign visitors, report daily revenues increasing to several times their usual amounts during the fair [1]. - Hotels in Guangzhou are experiencing full occupancy, with approximately 90% of guests being international [3]. Group 2: Consumer Behavior - Foreign buyers are actively engaging in shopping, with many purchasing electronic products and other goods during their stay [4]. - Restaurants and retail outlets are optimizing services to cater to the influx of foreign customers, including offering transportation and tax refund services [3]. - The demand for Chinese technology products, such as smart wearables, is notably high among foreign visitors [4]. Group 3: Networking and Relationships - The fair serves as a platform for networking, with many attendees using the opportunity to reconnect with old friends and establish new business partnerships [2]. - The atmosphere during the fair encourages social interactions, enhancing the overall experience for international guests [3].

Group 1 - The 137th Canton Fair concluded on May 5, showcasing approximately 31,000 participating companies, with export exhibitors exceeding 30,000 for the first time, an increase of nearly 900 from the previous session [1] - The fair hosted over 1,000 trade promotion activities, demonstrating China's strong resilience and confidence in foreign trade [1] - The 138th Canton Fair is set to take place from October 15 to November 4, focusing on key markets such as the Belt and Road Initiative, RCEP, Latin America, and the Middle East, with targeted invitations to the world's top 250 retail companies [2] Group 2 - Following the Canton Fair, Yiwu experienced a surge in procurement activities, attracting a diverse group of foreign buyers, many of whom had just attended the fair [3] - Over 100 staff members in Yiwu worked to invite foreign buyers directly from Guangzhou, with 95% of these buyers being first-time visitors to Yiwu [5] - The flexible sales model of "one piece wholesale" and the rapid production mode of "front store and back factory" impressed foreign buyers, enhancing their purchasing experience [7] Group 3 - A Yemeni buyer, who has been importing over 100 containers of goods annually from China for eight years, expressed astonishment at the changes in Yiwu, noting the development of a complete clothing industry supply chain [9] - The ongoing arrival of foreign buyers in Yiwu is attributed to policy benefits, industrial resilience, and market vitality, creating opportunities for business and friendship [11]