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Home >> Business
UPDATED: 10:23, May 01, 2006
99th China Export Commodities Fair closes
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The 99th China Export Commodities Fair closed Sunday with deals hitting a record high of 32.2 billion U.S. dollars, up 9.5 percent over the previous session.

The 12-day fair, held in Guangzhou, capital of South China's Guangdong Province, attracted more than 190,000 businessmen from 211 countries and regions.

Business people from the European Union spent 10.6 billion U.S. dollars, those from the United States signed deals worth 4.7 billion U.S. dollars, and buyers from the Middle East bought 4.28 billion U.S. dollars worth of goods.

Electrical and mechanical products remained the hottest selling item at the fair, with 13 billion U.S. dollars worth of deals signed, accounting for 40.3 percent of the total trade volume, data from the fair's organizers showed.

Deals for clothing, textiles and agricultural products also saw increases at the fair, the data said.

Transactions at the biannual fair account for around one third of China's general trade every year. This year's fair opened on April 15 with an exhibition area of 270,000 square meters and 30,058 booths.

Source: Xinhua


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