in Transactions hit $166 million at the 2020 China Guiyang Fair

GUIYANG, China, July 10, 2020 /PRNewswire/ — Recently, the three-day 2020 Guiyang Import and Export Online Fair has drawn big audience and revenues. Buyers from more than 40 countries and regions, 4,763 enterprises and over 20,000 pieces of global commodities have conducted negotiations and transactions in Guiyang through the Internet platform. The total online and offline transaction volume reached 166 million US dollars.

The Opening Ceremony of 2020 Guiyang Import and Export Online Fair (By Xiongzeng Zheng)
The Opening Ceremony of 2020 Guiyang Import and Export Online Fair (By Xiongzeng Zheng)

Located in southwestern China, Guiyang is the capital of Guizhou Province and has won the title of “China’s Benchmark City in international Business Environment.” It is an important transportation and communication hub, industrial base and trade and tourism service center in southwestern China, as well as a national big data industry development cluster.

With a population of nearly 5 million, Guiyang’s per capita GDP reached $12,000 in 2019, higher than the Chinese average. Trade officials, ambassadors, business representatives and well-known experts from Asia, Europe, North America, Africa, Oceania have actively participated in the Fair and carried out cloud dialogues. A short video introducing the Fair has been popular on YouTube, where it has been viewed more than 700,000 times.

According to the organizer, the results of the first fair show that Guiyang is a city of opportunities for investment and trade. In the future, Guiyang will further promote high-quality development and high-level opening-up, and welcome friends from all over the world to invest and start businesses.

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