You Chinese exporters began to look for new opportunities for access to world markets in the face of the current Trading War with the United StatesField
The key to this is commercial fairs, where many can show their products and create sales channels in order to compensate for the influence of customs rights, with the ultimate goal of finding other opportunities outside the traditional markets such as the United States.
From various commercial fairs, two main events – Canton Fair And International Exhibition of Consumer Products of China (Cicpe) – These are fundamental platforms for companies.
The stands of the canton of the canton of this year, in the Canton metropolis, in the south of China, in the province of Guangdun, are very in demand by Chinese exporters who hope to establish new trade relations in alternative markets.
“We will certainly expand our markets abroad outside the United States. Currently, this product is a central point. He updated the functions. Clients from Poland and the Netherlands wanted to sign an exclusive distribution agreement right here, ”said Tan Shusheng, the exhibent.
In addition to sales, Chinese exporters are also invested in production capacities abroad to strengthen their presence in world markets.
“We planned to invest 10 million yuan (about 1.20 million euros) in the construction of plants abroad. In fact, we have already found local suppliers for important components, such as plastics, SMT stickers (surface assembly technology) and packaging materials such as color boxes, ”says Juang Shuu, another exhibit at the fair.
The organizers of the Canton Fair of the state, that this year there are about 31,000 companies that take place until May 5, increasing by almost 900 compared to the previous one.
In Cicpe, which had just been completed, many Chinese exporters tried to diversify their brands and supply chains, hoping to ensure that they remain stable in an unpredictable commercial environment.
Some companies represent their own brands adapted to specific international markets and expand their share of the national market: “We began to launch our own brands last year, and these products worked very well in the Russian market,” says the exhibit of the Russian Academy of Sciences.
Despite the commercial riots, many of the companies present at the fair remain committed to global expansion: “We do not abandon the global industrial project in terms of our strategy of the global brand,” says Lee Rongshen, another exposure.
The USA and China are participating in the commercial dispute, which led Washington to impose bets more than 145% About Chinese products that are included in the USA.
In March Chinese exports increased by 12.4% Compared to last year, in the latest activity, when companies rushed to overcome the increase in tariffs. Analysts predicted strong failures.