Core Insights - The 138th Canton Fair's first phase concluded with the Tianjin trading group achieving an intended transaction volume of $213 million, marking a 5.03% increase compared to the 137th Canton Fair and a 12.61% increase compared to the 136th Autumn Fair [1] Group 1: Transaction Performance - The Tianjin trading group had 199 participating enterprises, with 47 being new exhibitors, and occupied 375 exhibition booths, including 47 brand booths and 187 special booths [1] - 58 enterprises from the Tianjin delegation achieved transactions exceeding $1 million, accounting for 29% of the total participating enterprises [1] Group 2: Market Trends - There is a rapid growth in emerging market clients, particularly from Latin America, which has now surpassed traditional markets in scale [1] - Enterprises are actively transforming their business models, focusing on developing independent brands and high value-added products, as well as exploring cross-border e-commerce, yielding positive results [1]