Canton Fair Showcases China’s Shift Toward High-Tech Export Strategy

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The 135th Canton Fair in Guangzhou highlights China’s strategic shift toward high-tech exports and advanced manufacturing. As a primary indicator of China’s foreign trade, the event showcases a transition from traditional labor-intensive goods to high-value-added products, specifically focusing on renewable energy and smart technology. This move aligns with the national emphasis on “new quality productive forces,” aiming to modernize industrial chains and maintain global competitiveness through innovation in automation, electric vehicles, and sustainable energy solutions.

  • The fair features a significant increase in high-tech exhibitors, with over 3,000 companies recognized as specialized and sophisticated enterprises.
  • A major focus of the event is the “new three” export drivers: electric vehicles, lithium-ion batteries, and solar products.
  • Exhibitors are demonstrating advanced robotics and industrial automation tools designed to improve manufacturing efficiency and precision.
  • International buyer attendance has seen a notable rise, indicating continued global reliance on Chinese supply chains and technological integration.
  • The shift in strategy reflects China’s broader economic goal to transition from a low-cost manufacturer to a leader in global high-end innovation.

Based in Singapore, CNA (Channel News Asia) covers global developments with an Asian perspective, with correspondents based in major cities across Asia, including Kuala Lumpur, Jakarta, Bangkok, Tokyo, Seoul and Beijing, as well as in New York, Washington D.C. and London.

Official website: https://www.channelnewsasia.com/

Original video here.

This summary has been generated by AI.

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