The Sharp Decline Of European And American Customers Means That The Manufacturing Industry Will Usher In A Severe Winter Next Year.

The Canton Fair is called "China's first exhibition". It is the whole country and even the whole.

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% but also the lowest in recent years, compared with about 120 thousand people last year.

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.

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 were orders for the Christmas season. The current order is the first quarter of next year, which is even worse than the Christmas order.