The 99th China Export Commodities Fair closed Sunday with deals
hitting a record high of US$32.2 billion, up 9.5 percent over the
previous session.
The 12-day fair, held in Guangzhou, capital of south China's
Guangdong Province, attracted more than 190,000 businessmen
from 211 countries and regions.
Business people from the European Union spent US$10.6 billion,
those from the United States signed deals worth US$4.7 billion, and
buyers from the Middle East bought US$4.28 billion worth of
goods.
Electrical and mechanical products remained the hottest selling
item at the fair, with US$13 billion dollars worth of deals signed,
accounting for 40.3 percent of the total trade volume, data from
the fair's organizers showed.
Deals for clothing, textiles and agricultural products also saw
increases at the fair, the data said.
Transactions at the biannual fair account for around one third
of China's general trade every year. This year's fair opened on
April 15 with an exhibition area of 270,000 square meters and
30,058 booths.
(Xinhua News Agency May 1, 2006)