The 107th China Import and Export Fair (Canton Fair) closed down on May 5th in Guangzhou. Chen Zhaoren, the spokesman of this fair said, the number of merchants visiting the fair and the trade volume both rebounded comparing to previous edition, but they hadnot reach the level before the golbal financial crisis. 203,996 foreign buyers from 212 countries and regions visited the 107th fair, up 8.4% or 15,827 merchants more than that in the 106th fair, but down 1.3% to the same period in 2008. The trade volume was 34.3 billion USD, up 12.6% from pervious edition, but dwon 10.3% on the 2008 basis. The top three trade articles were mechanical & electronic products, light industry product, and textile & clothes, accounting for 46.9%, 29% and 11% of the total figure respectively.

The textile halls were divided into seven sections, children??s wear, underwear & accessories, sportswear, man??s and waman??s wear, textile material, and home textile. 3883 textile and clothes manufacturers participated this fair, with trade volume 3.546 billion USD, up 9.14% from the 106th fair. Of which, the trade volume of textile yarn and fabrics were 436 million USD, down 2.8%, accounting for 12.3% of the total; home textile 1.1 billion USD, up 14.4%, accounting for 31%; clothes and accessories 2.008 billion USD, up 9.3%, accounting for 56.7%.

Referring to the geo structure, european market reached 1.42 bUSD, up 6% from the 106th fair; the US market was 520 mUSD, up 5.35%; Japanese market was 209 mUSD, up 14.36%. African market was 140 mUSD, up 23.5%.

The general condistion is better than that of previous edition. The global economy is receovering, as well as the market confidence. Nevertheless, the full recovery is underway. There are still some uncertainty for Chinese export prospective. The manufacturers have concerns about cost growth and trade protection, thus they prefer short-term oders instead of big orders and long-term orders.