The Decline Of The European Union Or The European Union Will Mean A Severe Winter Next Year For The Manufacturing Sector.
The Canton Fair is known as "China's first exhibition". It is the largest trade exhibition in the whole country and even in Asia. It is regarded as the economic vane. It can predict the coming year only by observing the flow of people and the status of signing the bill in just a few days.
China
The cold and warm of foreign trade.
According to the situation at the end of last week, the manufacturing industry is likely to usher in a severe winter next year.
European and American purchasers have always been the main force of the Canton Fair. Because of the debt crisis in Europe and the United States in recent months, the spokesman for the Canton Fair, Liu Jianjun, has long warned that the situation of buyers visiting this year is not optimistic and the actual situation is not ideal.
According to official statistics, 95 thousand people on the first day were not only 21% less than last year's 120 thousand people, but also in recent years.
minimum
Record of opening hours.
In the opening day of this year's meeting, people from Europe and the United States became "ethnic minorities". Exhibitors pointed out that the scene felt that more than three points and two visitors were Asian, which was quite different from the situation of foreigners standing in the corridor of pavilions in previous years.
Europe and America
Under the economic downturn, European and American orders are not optimistic.
Liu Jianjun expects that the volume of pactions signed on the spot this year will remain unchanged from last year's $37 billion under optimistic circumstances.
But the industry's mood is pessimistic. Cheng Jiansan, director of the Pearl River Regional Economic Research Center of the Guangdong Academy of Social Sciences, said that the order of the Canton Fair this year is likely to be substantially reduced, which means that next year, China's export manufacturing industry will once again fall to the bottom.
Wu Yongjia, vice president of the Chinese manufacturers' Association, said that the second, third season shipments are orders for the Christmas season, and the next is the first quarter next year, which is more than the Christmas order.
Gloomy
It means that exports in the fourth quarter are likely to increase negatively.
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