According to data from the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, as of April 18, the cumulative turnover of mechanical and electrical products at the Canton Fair in spring 2011 was US$ 16.21 billion, an increase of 10.9% over the previous session, and a 25.2% increase over the 2010 Spring Fair, accounting for the first phase of the Canton Fair. 85.3% of the total turnover.
According to reports, Midea Group, Guangdong Galanz and Haier Group are the three companies with the largest volume of transactions.
According to a briefing by the Electrical and Mechanical Chamber of Commerce, from April 15 to 18, 2011, sales of home appliances and consumer electronic products and transportation tools were strong. Sales of home appliances and consumer electronics products, transportation tools and electronic and electrical products reached 7.07 billion, 1.41 billion and 690 million US dollars respectively, up by 34.4%, 17.9%, and 17.1% respectively from the previous year's Spring Fair. The turnover of the three types of products accounted for electromechanical products. 57.6% of the total turnover.
Among trading partners, I accounted for over 60% of transactions in the EU, BRICS countries, the United States, and ASEAN. The above four key markets accounted for 28.3%, 16.5%, 15.2% and 5.7% of the total turnover, respectively, accounting for 65.7% of the total turnover.
It is worth noting that, at the Canton Fair, the turnover of private enterprises increased significantly and ranked first. As of April 18, the turnover of private enterprises in the Electrical and Mechanical Museum of the Canton Fair exceeded that of state-owned enterprises, with a total turnover of US$7.03 billion, a year-on-year increase of 25.4%, accounting for 50.8% of the total turnover.
According to reports, Midea Group, Guangdong Galanz and Haier Group are the three companies with the largest volume of transactions.
According to a briefing by the Electrical and Mechanical Chamber of Commerce, from April 15 to 18, 2011, sales of home appliances and consumer electronic products and transportation tools were strong. Sales of home appliances and consumer electronics products, transportation tools and electronic and electrical products reached 7.07 billion, 1.41 billion and 690 million US dollars respectively, up by 34.4%, 17.9%, and 17.1% respectively from the previous year's Spring Fair. The turnover of the three types of products accounted for electromechanical products. 57.6% of the total turnover.
Among trading partners, I accounted for over 60% of transactions in the EU, BRICS countries, the United States, and ASEAN. The above four key markets accounted for 28.3%, 16.5%, 15.2% and 5.7% of the total turnover, respectively, accounting for 65.7% of the total turnover.
It is worth noting that, at the Canton Fair, the turnover of private enterprises increased significantly and ranked first. As of April 18, the turnover of private enterprises in the Electrical and Mechanical Museum of the Canton Fair exceeded that of state-owned enterprises, with a total turnover of US$7.03 billion, a year-on-year increase of 25.4%, accounting for 50.8% of the total turnover.
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