The 137th Canton Fair: Strengthening Middle East Trade Ties with Successful Promotion Events
GUANGZHOU, China, March 14, 2025 /PRNewswire/ -- The 137th Canton Fair is coming this April. Recognized as the largest trade fair in China, the fair successfully conducted a Middle East roadshow in February, with trade promotion events in Qatar, Saudi Arabia and United Arab Emirates.
'The Canton Fair provides a one-stop service platform for the global business community to trade commodities, exchange ideas and align rules and policies. The 137th Canton Fair will open on April 15, and we cordially invite Middle East enterprises to join the exhibition to strengthen cooperation and achieve win-win with global business partners,' said Ma Fengmin, Deputy Director General of China Foreign Trade Centre.
On February 13, the 137th Canton Fair Promotion Workshop was successfully held in Doha. Ali Saeed Bu Sharbak Al Mansori, the Acting General Manager of the Qatar Chamber (QC), praised the strong Qatar-China relations, noting China's importance as one of Qatar's most important trade partners and the noticeable developments in various fields, especially in economic and trade sectors. He emphasized the significance of the Canton Fair and Qatar Chamber's commitment in fostering business ties and partnerships between Qatar and China. GAC (Guangzhou Automobile Group) highlighted the Canton Fair as a bond of friendship and a bridge for trade, encouraging the Qatari business community to attend the Canton Fair.
The Canton Fair working group also visited manufacturing group QIMC, home furniture chain Nabina Group, premium department store Blue Salon and Doha Exhibition and Convention Center.
On February 16 and 17, the Canton Fair working group hosted two promotion conferences in Riyadh and Jeddah, Saudi Arabia, and over 130 local representatives attended the conferences to exchange ideas and promote trade cooperation. He Song, Minister-Counsellor for Economic and Commercial Affairs at the Chinese Embassy in Saudi Arabia, stated that bilateral trade between China and Saudi Arabia has significantly expanded in recent years. Saudi Arabia's exports to China are extending from traditional energy to diversification, while China's exports to Saudi Arabia, including mechanical and electrical equipment, automobiles, new energy products, and IT equipment, are also becoming increasingly abundant. Saudi buyer representative highlighted the Canton Fair's importance for sourcing goods, expanding business, and giving Saudi factories a global platform. Midea expressed that the Canton Fair serves as a global opportunity engine, accelerating the building of mutual trust and promoting shared growth. ToGo power said that the Canton Fair is an excellent platform for finding new suppliers, developing exclusive product lines, and establishing strategic partnerships.
Subsequently, the working group continued to visit the local home furniture retailer Saco and retail enterprise Bin Dawood, and attended the Big 5 exhibition, where they engaged with some of the exhibitors.
In Dubai, the 137th Canton Fair Promotion Conference held on February 19 was attended by about 100 partners and guests. Wang Xiaojia, Counsellor of the Chinese Consulate-General in Dubai, highlighted the strengthening economic ties between China and the UAE. The Canton Fair has become a premium platform for deepening cooperation between two countries. UAE enterprises are welcomed to join the 137th session and further expand business cooperation. Danube Group Vice Chairman and Milano Founder Anis Sajan reflected on his long-standing attendance at the Fair since the early 2000s, commending China's robust supply capabilities and the event's role in gathering global business opportunities. Haricharan DTP, Haier Gulf Electronics LLC sales Director, noted that the Canton Fair provides a window for communication, a stage to showcase the strength and image of the enterprise, and promotes technological innovation and industrial upgrading.
The working group visited Dubai World Trade Centre, port and logistics enterprise Gulftainer, Expo Centre Sharjah, retailer LULU, overseas warehouses of cross-border e-commerce companies as well as Gulfood tradeshow.
As an important milestone in building the online platform of the fair, the Canton Fair App now brings integrated online and offline experience for exhibitors and buyers, and serves as a 365-day, uninterrupted business matchmaking platform.
The 137th Canton Fair will be held from April 15 to May 5, 2025 in Guangzhou. To download the Canton Fair App, please visit .
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
41 minutes ago
- Yahoo
Rockefeller Foundation Announces First Class of Big Bets Fellows Focused on Asia-Pacific
12 changemakers driving bold, community-led solutions across 26 countries in the Asia-Pacific region, including Aitutaki, Australia, Bangladesh, Cambodia, China, Cook Islands, Fiji, India, Indonesia, Japan, Laos, Malaysia, Maldives, Mongolia, Nepal, New Zealand, Pakistan, Papua New Guinea, Philippines, Samoa, Solomon Islands, Sri Lanka, Thailand, Tonga, Vanuatu, and Viet Nam. BANGKOK, June 11, 2025 /PRNewswire/ -- The Rockefeller Foundation announced a new class of Big Bets Fellows – the first focused on the Asia-Pacific region – bringing together 12 visionary leaders who are pioneering scalable, locally rooted solutions to address some of the most pressing challenges of our time, from water scarcity to sustainable agriculture, marine conservation, disaster risk reduction, digital innovation and more. Over the four-month fellowship, these Asia-Pacific Big Bets Fellows will participate in intensive programming, peer learning, and global networking designed to amplify their potential impact and help translate their bold ideas into lasting systems change. Their immediate efforts encompass 26 countries in the region, including India, Indonesia, New Zealand, Bangladesh, Nepal, the Pacific Islands, Thailand, and Viet Nam. "Our 12 Asia-Pacific Big Bets Fellows are working toward bold, transformative change in a region that will shape all of our futures," said Dr. Rajiv J. Shah, President of The Rockefeller Foundation. "These ambitious, creative young leaders are precisely the types of changemakers The Rockefeller Foundation has always proudly supported. We're thrilled to be working with them as they advance economic opportunity in their communities, build sustainable ecosystems, and so much more." This Asia-Pacific cohort follows the successful launches of previous Big Bets Fellowships in Latin America and the Caribbean (2024) and the United States (2025), and reflects The Rockefeller Foundation's commitment to supporting locally-led innovation to tackle global challenges. "Our Asia-Pacific Big Bets Fellows are lighting the path to the future with bold ideas rooted in deep commitment to their communities," said Deepali Khanna, Head of Asia at The Rockefeller Foundation. "Whether on remote islands or in rapidly growing cities, these leaders are blending their experience and expertise with modern innovation to create a more resilient and hopeful future. We are proud to walk alongside them as they take on the region's toughest challenges with determination and heart." The 2025 Asia-Pacific Fellows are implementing a wide range of ambitious initiatives: Aafreen Siddiqui, Our Common Air: Catalyze collective action through stronger commitments, smarter investments, and streamlined accountability to combat air pollution across Asia-Pacific for better public health and economic growth. Alexia Hilbertidou, GirlBoss New Zealand: Empower a growing community of more than 17,000 young women across the Pacific to solve local problems at scale, teaching them practical skills in science, technology, and sustainability. Anusha Meher Bhargava, Tech4Good Community: Safeguard natural habitats and support biodiversity by harnessing the latest open-source technology and creating a new digital platform for conservationists, researchers, and policymakers to share data, monitor ecosystems, and improve environmental outcomes. Bobuchi Ken-Opurum, Barefoot Story x Re-HOUSED: Equip low-income individuals who build their own homes in India with the tools, data, and know-how to improve safety, comfort, and resilience to heat stress. Eshrat Waris, British Asian Trust: Support smallholder farmers as they transition to sustainable agriculture practices, which de-risks this traditionally high-cost period, enables greater credit flow in these communities, and supports smallholder networks in communities. Gaurav Godhwani, CivicDataLab: Unlock data collaborations and AI innovations to protect the most vulnerable regions in the Asia-Pacific. Mustika Wijaya, Solar Chapter: Expand the use of innovative solar-powered water pumping systems to reduce food insecurity, address water scarcity, and improve livelihoods in Indonesia. Ristika Putri Istanti, Lingkar Temu Kabupaten Lestari: Boost economic opportunity while conserving natural landscapes and resources in regional areas in Indonesia. Supatchaya Techachoochert, Mae Fah Luang Foundation: Generate economic opportunities and strengthen communities in Thailand by disincentivizing the deforestation that accompanies the production of monoculture crops. Uttam Pudasaini, NAXA: Leverage the latest technology, including artificial intelligence and geospatial analytics, to enhance anticipatory action by focusing on household-level risk assessments, delivering targeted and inclusive early warnings for climate-induced hazards, ultimately protecting lives and livelihoods, starting in Bangladesh and Nepal, and expanding to climate-vulnerable countries in the Asia-Pacific. Yasser Naqvi, CSEP: Foreground evidence and build capacity to raise awareness among policy stakeholders on environmental issues in India. Yumi Son, BOBLME II: Restore marine habitats and coastal ecosystems, reduce overfishing and illegal fishing, strengthen governance, ensure broad community participation, and support sustainable, long-term livelihoods in the Asia-Pacific. These leaders were selected from a diverse pool of changemakers nominated through the Big Bets community and external networks. Their work spans technology, finance, governance, and environmental initiatives, which will directly impact millions of underserved communities across the Asia-Pacific. Elizabeth Yee, Executive Vice President of Programs at The Rockefeller Foundation, who formally announced the Fellows during the Big Bets Live 2025 event in New York, said, "I am thrilled to congratulate this class of Fellows and can't wait to see what more they'll accomplish. We're proud to support their big bets that will define humanity's future." The occasion marked the Foundation's 112th anniversary, celebrating the power of bold, collaborative action and honoring the changemakers and partners turning ambitious ideas into breakthrough solutions. Since its founding in 1913, The Rockefeller Foundation has supported transformative initiatives in public health, food security, and equitable economic opportunity around the world. The Big Bets Fellowship is a cornerstone of this legacy, investing in leaders who bet big on a better future, and back it up with bold, data-driven action. About The Rockefeller FoundationThe Rockefeller Foundation is a pioneering philanthropy built on collaborative partnerships at the frontiers of science, technology, and innovation that enable individuals, families, and communities to flourish. We make big bets to promote the well-being of humanity. Today, we are focused on advancing human opportunity and reversing the climate crisis by transforming systems in food, health, energy, and finance. For more information, sign up for our newsletter at and follow us on X @RockefellerFdn and LinkedIn @the-rockefeller-foundation. View original content: SOURCE The Rockefeller Foundation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
US oil futures dip despite API inventory showing surprise fall in crude stock
-- U.S. crude oil futures fell slightly from post-settlement levels Tuesday despite the American Petroleum Institute reporting a surprise drop in weekly domestic crude stockpiles. Crude Oil WTI Futures, the U.S. benchmark, recently traded at $64.72 a barrel following the report after settling down $0.31, or 0.5%, at $64.98 barrel. U.S. crude inventories fell by about 370,000 barrels for the week ended Jun. 7, compared with a build of 3.3M barrels reported by the API for the previous week and expectations for an increase of about 700,000 barrels. Gasoline stockpiles decreased by about 3M barrels, while distillate inventories -- the class of fuels that includes diesel and heating oil -- rose by 3.7M barrels. The official government inventory report is due Wednesday at 10:30 a.m. EDT (1430 GMT). Related articles US oil futures dip despite API inventory showing surprise fall in crude stock Germany's SEFE to enter 10-year gas deal with Azerbaijan's Socar Crude futures sink on Saudi push for OPEC+ supply hikes
Yahoo
an hour ago
- Yahoo
Pound dips following weak UK jobs report
The pound dipped more than 0.4% against the dollar on Tuesday after a jobs report that showed a cooling UK labour market. Sterling was just below the $1.35 mark, having sustained a rally in recent weeks as US president Donald Trump's tariff policy rocked markets and the dollar. The UK labour market continued to cool in April, with the latest ONS figures showing unemployment at 4.6% and a 0.2% drop in payrolled employees — or 55,000 fewer jobs — from the previous month. It marks the first time the unemployment rate has crept above pre-pandemic levels. The data helps pave the way for the Bank of England to make further interest rate cuts, according to some analysts. The downturn in the employment market and a deceleration in wage growth has the potential to take the heat out of inflation in the rest of the economy, making it easier for the central bank to maintain its trajectory of lowering borrowing costs. Read more: FTSE 100 LIVE: Stocks gain as US-China trade talks resume in London "The trend in payrolls has been clear for some time now — even if the many have dismissed this," Sanjay Raja, senior economist at Deutsche Bank, said in a note. "The May payroll data may just be the peak in a long trending run of weaker labour market trends." The dollar index ( meanwhile rallied 0.2% as trade talks between US and Chinese diplomats continue for a second day in London. The pair are hoping to iron out terms on export controls for rare earths and other goods. White House economic adviser Kevin Hassett said that the US was likely to agree to lift export controls on some semiconductors in return for China speeding up the delivery of rare earths, according to a Reuters report on Monday. Sterling also fell 0.4% against the euro, trading just above the 1.18 mark. Gold prices lacked direction on Tuesday, as the world watches for movement in US-China trade talks. "[A] modest drop follows its safe-haven rally in response to Trump's incensed characterisation of the economy as 'a house of cards,' coupled with new protectionism on the trade front," said Aaron Hill, chief market analyst at FP Markets. "Expectations of favourable trade talks ahead between the US and China, and hopes for relief from tariffs, have cooled bullion's gains. Read more: Stocks: Create your watchlist and portfolio "We believe this pullback is more of a rebalancing of positions in response to conflicting macro signals rather than trend reversal." Gold futures were 0.2% lower to trade around the $3,349 mark, while gold's spot price was up 0.1%, around the $3,326.80 mark. Oil prices moved higher for a second session on Tuesday morning, maintaining multi-week highs on hopes of a breakthrough in US-China trade talks. Brent crude gained 0.2%, to trade at around $66.37. West Texas Intermediate was also up 0.2%, hitting $65.41 a barrel. The moves partially retrace Monday's losses amid concerns around supply and the state of geopolitics. The end of last week saw a rally for the viscose commodity, as US non-farm payroll data came in hotter than expected. Read more: UK jobs data increase chances of more Bank of England interest rate cuts This week investors are eyeing OPEC+ output decisions as well as ongoing trade discussions between the US and China. OPEC+ production hikes are yet to translate into actual output gains, analysts at Morgan Stanley said. In broader market movements, the UK's FTSE 100 (^FTSE) was 0.5% higher on Tuesday morning. For more details, on broader market movements check our live coverage in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
