The first phase of the 136th Canton Fair has wrapped up, delivering impressive results for Dongguan enterprises. A total of 195 companies from the city participated, occupying 391 booths.
According to preliminary statistics, these businesses collectively secured intention deals worth 440 million dollars, marking a slight increase from the previous session. Dongguan's industrial prowess was on full display as companies welcomed global buyers to visit their factories and witness the manufacturing capabilities of the city firsthand.
Taking full advantage of the Canton Fair's platform, Dongguan enterprises held 16 matchmaking events with international buyers, engaging with markets from the Middle East, Latin America, and Africa. These efforts are helping local businesses tap into emerging economies. Many participating firms reported that this year's buyers came with clear purchasing goals, showing a strong willingness to place orders. This reflects the continued trust in Dongguan's high-quality products.
One of the participants, Guangdong Hyxoin Smart Kitchen Co., Ltd. (Hyxoin) saw an influx of 500 potential clients, including buyers from Dubai and Canada, with intention orders exceeding 20 million RMB. The company, a long-time participant, showcased over 30 products ranging from induction cookers to air fryers. Hyxoin has reported a 30% increase in export business over the first eight months of this year.