Taizhou companies secure $148m worth of orders at Canton Fair

chinadaily.com.cn | Updated: 2020-07-08

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Companies based in Taizhou, East China's Zhejiang province secured $148 million worth of orders at the 127th China Import and Export Fair, also known as the Canton Fair, which was moved online this year, Taizhou Daily reported on July 7.

Five hundred ninety-five Taizhou companies set up 1,720 online booths at the fair, which was held from June 15 to 24, accounting for 14.5 percent of the total booths set up by Zhejiang companies.

"We are currently receiving a modest amount of orders each month," said Yang Wenyong, general manager of Zhejiang Xingxing Refrigeration Co Ltd, who added that they want to receive more orders at the fair in order to boost their performance for in the second half.

The company started preparing for the online fair in late March by training livestream hosts, establishing livestream rooms, and making promotional videos.

During the 10-day event, its 30 foreign trade customer managers and salesmen held roughly 150 livestreams, which helped Xingxing receive $19.7 million worth of orders.

In addition, Yonggao Co Ltd, a world-leading manufacturer of plastic valves and fittings, livestreamed its products in four languages, including English, Russian, Arabic, and Spanish, and signed orders worth $300,000.

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Companies based in Taizhou, East China's Zhejiang province secure $148 million worth of orders at the 127th China Import and Export Fair, which was moved online this year. [Photo/WeChat account: tzfb001]