2020 Autumn Canton Fair JingGong Machine -Global Live Broadcast!

2020 Autumn Canton Fair JingGong Machine -Global Live Broadcast!

From October 15th to 24th, the 128th Canton Fair will be held online. The current "Canton Fair Online" will continue to set up 50 exhibition areas based on 16 categories of commodities. The total number of booths is expected to be about 60,000, with about 25,000 exhibitors at home and abroad, which is equivalent to the scale of the first "Canton Fair Online". As the "barometer" and "wind vane" of world foreign trade, the Canton Fair will show the world China's efforts to ensure the stability and smooth flow of the global industrial chain and supply chain and to open up a new path for the recovery of the world economy.

　　 According to media reports, in the first three quarters, my country’s foreign trade has stabilized and improved, better than expected. In the third quarter, my country's total import and export value, total export value and total import value all hit a quarterly record high. The cumulative growth rate of my country's foreign trade imports and exports this year has turned positive for the first time. The total value of imports and exports of goods trade in the first three quarters increased by 0.7% year-on-year. In this context, the Canton Fair, as the "China's No. 1 Exhibition", will lay an important foundation for fulfilling the goal of promoting stability and quality of foreign trade throughout the year.

　　 The new development pattern is not a closed domestic cycle, but an open domestic and international double cycle. Facing the complex challenges of the world economy, the pace of innovation in the Canton Fair has never stopped. It dates back to 2007, when the Canton Fair set up an international exhibition, which transformed from a one-way export platform to a two-way platform for import and export integration, which strongly promoted the "international cycle" of my country's trade development. Under the new situation, the 128th Canton Fair and the Department of Commerce of Guangdong Province will hold the first "Domestic and International Double Cycle, Driven by Both Domestic and Foreign Trade-Canton Fair Double Cycle Promotion Activity", the purpose is to promote domestic trade and serve new development. pattern.

　　 Among them, it is particularly important to support foreign trade companies to explore the domestic market. This can not only help foreign trade companies overcome the current difficulties, but also help foreign trade companies tap the potential of domestic demand and continuously enhance the resilience of the industrial supply chain. From increasing the intensity of inviting domestic buyers, to marking the "Domestic Sale" label for corporate exhibits in the Cloud Showroom, to inviting guests to interpret the policy of exporting to domestic sales, the changes in the Canton Fair strive to meet corporate needs. It is foreseeable that when many global buyers "surf the Internet", more and more foreign trade companies will explore new models of online marketing and accelerate their digital transformation.

　　 A few days ago, the International Monetary Fund recently stated that the expected growth rate of the Chinese economy this year has been raised by 0.9 percentage points to 1.9%. China will be the only major economy in the world with positive growth this year. At the same time, the global economy will shrink by 4.4% in 2020, an increase of 0.8 percentage points from the June forecast. Facing the uncertainty of the world economy, foreign trade companies can only actively embrace changes, work hard to cultivate internal skills, and accelerate innovation and development. Looking back at the first "Online Canton Fair", many foreign trade companies sighed, "There is no bad market, only bad companies." This shows that the confidence of the industry is increasing. possible.

Jinggong Machinery's excavators have continued to grow despite adversity. In particular, sales of our ODM and OEM customized equipment have increased significantly. By mid-July, they had exceeded last year's sales target.