With China's transformation from a major trading country to a trading power, the Canton Fair is also playing a new guiding and exemplary role. Implementing the national foreign trade import and export balance policy, a total of 551 enterprises from 45 countries and regions participated in the exhibition, with 11 national and regional pavilions, and at the same time, it continuously introduced high-tech and local characteristic exhibits from various countries to promote domestic and foreign enterprises to compete on the same stage and innovate the handling effect of exhibitions. Regarded as the "barometer" and "weather vane" of China's foreign trade, the Canton Fair was founded in the spring of 1957 and co-sponsored by the Ministry of Commerce and the Guangdong Provincial Government, and is held in Guangzhou every spring and autumn, and has been successfully held for 116 sessions so far. In China, the Canton Fair is a comprehensive international trade event with the longest history, the highest level, the largest scale, the most complete commodity types, the largest number of buyers attending the meeting, the widest distribution of countries and regions, and the best transaction effect.
Guangzhou is the largest and oldest foreign trade port in southern China, adjacent to Hong Kong and Macao, and has the advantage of location and people. In the year of the founding of the Canton Fair, the total export volume of the two sessions was 86.87 million US dollars, accounting for about 20% of the country's cash exchange generated that year. To promote the country's foreign trade exports and serve the country's economic construction, the purpose of the Canton Fair has been established. At that time, economic cooperation between socialist countries and us played a great role in our economic construction, but economic and trade relations with socialist countries alone could not solve the needs of our socialist construction, so it was necessary to carry out economic and trade relations with the West. The Canton Fair is committed to promoting the integration of China's economy and the world, bringing together excellent enterprises and exquisite goods from all over China, and becoming the first platform for world buyers to purchase Chinese goods. As of the first half of this year, the Canton Fair has accumulated export turnover of about 1,093.3 billion US dollars, and the total number of overseas buyers attending the event is about 6.91 million. At present, the scale of each exhibition reaches 1.18 million square meters, and there are more than 25,000 exhibitors at home and abroad.