(Source: "Focus Interview" 2024-10-20)

The 136th Canton Fair, with the theme of "Serving High-Quality Development and Promoting High-level Openness", was held in Guangzhou in three phases from October 15 to November 4. At this Canton Fair, the number of private w88 participating in the exhibition accounted for more than 90%, making them the absolute main force among the exhibitors.

All businesses gather and win-win cooperation. With shoulder-to-shoulder buyers and busy exhibitors, this Canton Fair is "super popular".

Zhu Xiaomei is the head of a private enterprise in Guangdong. This time she brought many new home appliances from the company to participate in the exhibition. Zhu Xiaomei told reporters that in fact, at the Spring Canton Fair in April this year, they have brought 600 new exhibits, and in just a few months, they have launched more new products, in order to attract the attention of merchants through continuous innovation.

Zhu Xiaomei's company has participated in the Canton Fair for more than 30 consecutive years and is a regular visitor to the Canton Fair. Unlike the current concept of innovative research and development, at first, as a small private enterprise, their biggest expectation at the Canton Fair was to receive orders for OEM for large w88.

Inability to design, research and development, and relying solely on OEM for foreign brands is also the way for most private w88 at the Canton Fair to make a living. Although this has allowed many companies to gain their first pot of gold.

Canton Fair exhibitor Zhu Xiaomei: "Foreign consumers no longer focus on big brands, but instead pay more attention to the innovation, technology, practicality and quality of products. For Chinese companies, it brings greater confidence and more opportunities."

However, it is not easy to break through the path of high-end and branding based on the company's own efforts. In recent years, as my country's economy shifts from high-speed growth to high-quality development, the country has continuously introduced support and encouragement policies for innovation and development, which has also given private entrepreneurs like Zhu Xiaomei the courage to try and innovate.

With the support of the country, many companies have tried to create their own brands and launch innovative products. Although the road to high-end is arduous, it can improve product structure, develop new quality productivity, and open up new space for growth. Through continuous innovation, the company's development is getting better and better. At the Canton Fair, Zhu Xiaomei's company also expanded from a small booth of a few square meters to a large booth of nearly 400 square meters.

From homogeneous price competition to moving forward in the innovation track, many private w88 have demonstrated the new strength of China's manufacturing at the Canton Fair, and China's private w88 have also continued to climb from the low levels of the global industrial chain and value chain to the middle and high end.

At present, the number of private w88 participating in the Canton Fair has increased from 76.3% before 2013 to 91.4% of this year. Many of them are w88 with the titles of national high-tech, specialized and innovative "little giants", manufacturing single champion, etc., which has also become an important force in promoting the high-quality development of the Canton Fair.

Xiao Lu, deputy director of the Foreign Trade Department of the Ministry of Commerce: "Since the 18th National Congress of the Communist Party of China, the private economy has developed rapidly, and the number of private w88 at the Canton Fair has also increased accordingly, and the proportion has gradually increased to 91.4%. In addition, from the perspective of quality, private w88 have developed from the initial OEM to OEM to now showing a trend of scale and branding, and a group of private w88 with international vision and internationally renowned brands have emerged. Everyone attaches great importance to it, seeking survival with quality, expanding the market with innovation, consolidating the foundation with services, and seeking efficiency with brands."

Private w88 are gradually becoming bigger, better and stronger in the field of foreign trade, constantly injecting new impetus into the development of foreign trade. Foreign trade data released by the General Administration of Customs show that in the first three quarters, my country's imports and exports were 32.33 trillion yuan, a year-on-year increase of 5.3%.

Tu Xinquan, Director of the China World Trade Organization Research Institute of the University of International Business and Economics: "China has now grown into the world's largest manufacturing and trading country, and private w88 have played a very critical role. In this process, the government also plays an important guiding and supporting role. We are now discussing the formulation of the Private Economy Promotion Law. A draft for soliciting opinions has been issued. It also hopes to give private w88 some better policy environment from the highest level and from the legal level, such as in innovation support, encourage private w88 to participate in major scientific and technological innovation projects in some countries."

From "production" to "produce", it not only consolidates its advantages in the renewal of traditional industries, but also creates advantages in the growth of emerging industries. Through the Canton Fair, the "foreign trade vane", we can see the active efforts of China's private w88 to cultivate their internal strength and open up the market.

At this year's Canton Fair, a variety of new energy vehicles and smart travel-related exhibits attract buyers from all over the world. While China's automobile industry is booming, private w88 related to automobile parts have also seized the opportunity to expand the market at the Canton Fair.

Dai Hongjun, sales director of an automobile shock absorber and electronically controlled suspension manufacturer in Zhejiang, told reporters that due to different situations in emerging markets, this requires the production of products based on local characteristics.

Exploring emerging markets can undoubtedly allow w88 to develop better. However, due to the lack of full understanding of overseas buyers, especially those in emerging markets, companies have also encountered many difficulties while actively expanding overseas markets.

How to protect the interests of w88? In 2023, my country's foreign trade business entities with import and export records exceeded 600,000, of which 556,000 were private w88.

Xiao Lu: "Strengthening the support of export credit insurance. As the name suggests, export credit insurance is the protection of risks encountered by w88 in the export process. These risks are mainly divided into two aspects: one is national risk, mainly political risks, such as war, etc.; the other is buyer's risk, such as the buyer's bankruptcy, and the buyer's bank cannot exchange, and these risks are all within the scope of export credit insurance coverage."

With policy support and insurance coverage, the reporter learned at the Canton Fair that this also allows many private w88 to expand their business with confidence. To promote the sustainable and healthy development of foreign trade w88, a series of policies are also being introduced intensively, increasing the proportion of additional deductions for corporate R&D expenses before tax, supporting w88 to register overseas trademarks, etc., and making efforts to support w88 to expand overseas business and participate in international circulation from different angles.

Xiao Lu: "In recent years, the Ministry of Commerce and relevant departments have worked together to introduce multiple rounds of policies to stabilize foreign trade to serve w88 to develop international markets. In addition to strengthening information services and helping w88 solve practical difficulties through foreign business institutions, local business authorities and import and export trade associations are also actively organizing w88 to participate in exhibitions overseas to help them expand the international market."

The vast platform of the Canton Fair contains unlimited opportunities. Not only companies spontaneously seek business opportunities, but chambers of commerce and trading groups from all over the country are also working together to obtain orders, expand markets for foreign trade companies in various places, and make more international partners. At present, the first phase of the Canton Fair "Advanced Manufacturing" exhibition has ended. Next, the second and third phases will continue with the themes of "Quality Home" and "Better Life".

At the Canton Fair, we saw that private w88 are working hard to expand the market and grab orders. Today's private w88 are private w88 closely linked to the world.

Attached the original link: https://news.cctv.cn/2024/10/20/ARTIlWUSKJfn5KNdBPtnDivH241020.shtml.