Global Trade Focuses on China: International Expos Intensify, Highlighting China's Central Role
Columnist: Du Hengfeng
Recently, international expos have been intensively held in China, showcasing the country's strong appeal and vitality. These expos not only serve as important observation windows for foreign businesses to grasp the Chinese market's supply capacity and demand direction but also provide a high-efficiency platform for business negotiations between suppliers and buyers. The platform allows them to discuss product specifications, prices, quantities, delivery and payment terms, and develop comprehensive and executable transaction plans. Additionally, these expos serve as a hub for exchanging ideas and experiences, where global industry players gather to address market changes and challenges and explore strategies for coping with the situation. Through this process, they deepen their cooperation and solidify their relationships.
What's more crucial is that these large-scale expos, such as the Consumer Electronics Show, Shanghai Auto Show, and Canton Fair, have fully demonstrated China's central role in the global economy. Even if the United States imposes tariffs, disrupting the global trade order, China's central position has not only remained unchanged but has continued to strengthen.
As a central hub, China connects producers and consumers. According to an on-site report by Every Day Economic News, a procurement officer from Jordan said, "Chinese products can meet all market demands, whether it's low-cost or high-quality. You can find what you're looking for." This accurately reflects the notable advantages of Chinese manufacturing – a wide range of products at reasonable prices, and even without finished products, you can still get what you need in China. Due to various obstacles, such as language barriers, commercial habits, payment methods, and transportation, international trade involves many indirect costs. Small and medium-sized enterprises face significant challenges when setting up global procurement networks. The Canton Fair's "one-stop procurement" service has provided an ideal choice for global small and medium-sized businesses, enabling them to fully enjoy the benefits of globalization. In response to the impact of US tariffs, the Canton Fair has also become an important platform for exchange, where various issues, such as adjusting supply rhythms, changing product sources, and planning trade routes, can be discussed and effective countermeasures developed.
The other end of the hub connects with demand. China has a massive market that is crucial for all consumer brands. Chinese consumers are eager to try new things and willing to accept change, driving brands to constantly innovate and upgrade their products. This makes China a perfect testing ground for companies to hone their adaptability, which in turn can be outputted to other markets. For example, at the Shanghai Auto Show, multinational automotive companies are actively integrating into China's intelligent automobile supply chain to catch up with China's smart car development pace.
Demand not only comes from consumers but also from China's massive supply chain itself, which can create enormous demand. At the Munich-Shanghai Electronics Expo, Japanese electronics component manufacturer Villard Manufacturing Co., Ltd. has confirmed that it will continue to increase its investment in China, driven by the development opportunities presented by China's intelligent automobile industry.
China's central role is a natural outcome of market economic development and globalization progress. Although current international trade patterns are experiencing disruptions, this is primarily due to US unilateral actions. The advantages of free trade cannot be replaced by tariffs. After experiencing short-term shocks, the market will actively adjust and re-enter a stable development state. As a global economic hub, China's market must play a more critical role in this process.
Every Day Economic News