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China Guangxi Products Exhibition Wraps Up in Germany with over 20 million Euros in Deals Signed

2017-06-20 18:10
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FRANKFURT, Germany, June 20, 2017 /PRNewswire/ -- The 2017 China Guangxi Products Exhibition (CGPE or "the Expo") has concluded in Germany with a total value of business deals closed of more than 20 million Euros, covering approximately 5.07 million Euros worth of actual transactions and 15.07 million Euros of intended turnover.

China Guangxi Products Exhibition Wraps Up in Germany with over 20 million Euros in Deals Signed
China Guangxi Products Exhibition Wraps Up in Germany with over 20 million Euros in Deals Signed

In sync with the promotion of the manufacturing sector within China's Guangxi Province in Europe, CGPE put a wide range of industries on display, including engineering machinery, medical care, chemistry, food and more. Over 60 companies from Guangxi province exhibited their products across nearly 70 booths.

"The Expo enables our company to get to know the German market in a comprehensive way and creates a trading platform for us to develop in the country," Zhou Yaxian, a representative from Wuzhou Shengguan Protein Casting Co Ltd, said.

About 1,000 buyers from Germany visited the Expo, among whom were 183 professional purchasers and leaders of major chambers of commerce.

"Increased domestic consumption and growing demand in China has prompted Chinese companies to focus on producing innovative, attractive and competitive goods," said Rouven Schmitting, manager of corporate relations Germany at the German-Chinese Business Association. "Therefore, cooperation with companies that can use the 'Made in Germany' label is particularly in demand. It is important for companies from both countries to open and support distribution channels between their respective markets."

Commenting on this first Guangxi Government-sponsored products exhibition in Germany, Diao Weihong, Director of the Department of Commerce of Guangxi added," The success of this event shows that the market demands of Germany and Guangxi are a good match. We will continue to organize annual exhibitions in more countries to expand trade between Guangxi and the rest of the world."

About Canton Fair Advertising Co, Ltd

Founded in 1988, Canton Fair Advertising Co., Ltd. belongs to China Foreign Trade Centre (Group) which is affiliated to Ministry of Commerce of PRC. As one of the earliest founded professional exhibition service agencies in China, Canton Fair Advertising Co., Ltd. keeps developing innovatively and flexibly. It serves as an integrated solution provider for the whole exhibition industry chain.

Source: Canton Fair Advertising Co. Ltd.

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