The 21st East China Fair opened in Shanghai International Exposition Center on March 1. This year, 56 enterprises of Yinzhou District have over 80 exhibition stalls on the fair, both being historical new highs. Of the companies going to the fair, Loctek and Ningbo Huasheng Metal Products have got special exhibition stalls.
The fair has the exhibition area totaling 103,500 square meters, with 5,312 standard exhibition stalls. There will be four exhibition areas for clothes, textile products, gifts and household necessities. The fair this year has over 3,300 enterprises. This fair is this year's first largest foreign trade fair, called one of the "weather cocks" of the foreign trade of household necessities in China for this year.
"Since late last year, the situation for export went good, with the export up by 14% over the same period of last year. Today, our orders have been scheduled to April and even to May. Our products are exporting to Europe, America, Japan, and Russia," said Li Hang, General Manager of Ningbo Guangbo Import & Export Co.,ltd.
It is noted that there are more merchants coming to the fair this year than before, and the foreign trade has shifted from recovery growth to substantial growth.
Yan Yanping, director of Yinzhou Foreign Economic Cooperation Bureau said, because of the increase of labor cost, rise of raw materials and the change of foreign exchange rate, there are still some uncertainties for foreign trade this year, and the situation is far from being satisfactory. "In the past, our markets were in Europe, America and Japan. Today, we need to encourage more enterprises to explore the emerging markets in Eastern Europe, ASEAN and south America."
Reportedly, this year, Yinzhou will give more subsidies to the enterprises for going to the export fairs. It has recommended to the enterprises 14 fairs in foreign countries and 8 fairs in China, to guide them to go to various fairs for the products.
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