China's largest trade fair has opened with exporters upbeat about a market recovery amid improving demand. The world's major economies are also set to shake off their troubles as stimulus measures produce results.
Exporters attending the 106th China Export and Import Trade Fair, or Canton Fair in the southern city of Guangzhou, expect a "prominent" increase in orders from the last fair in April. Then trade value slumped 17 percent as the economic downturn took bite.
More than 160-thousand buyers from more than 200 countries and regions have flocked to the exhibition halls, seeking everything from home appliances and machinery to textiles, shoes, food and medicine.
One exhibitor said "By the end of August, the export of TV sets had increased by 45 percent. Our refrigerator and air conditioner exports have also increased 9 percent."
One exhibitor said "We estimate that the situation in the fourth quarter is better than that in the third quarter. The whole year's performance is almost the same as last year."
One exhibitor said "In view of our current orders, this year's economic performance has obviously rebounded on last year. September is better than August, October is better than September. It's not just one country or one client. It's entire regions, European regions, North American regions or South American regions that are rebounding."
Experts say that the strong recovery of market demand and some export-oriented enterprises' own innovative high-tech and high value-added products are helping exports grow.
