China Opens 140th Canton Fair to Boost Global Trade

President Xi Jinping and Premier Li Qiang signaled a commitment to high-level economic opening during the launch of the 140th China Import and Export Fair, known as the Canton Fair, in Guangzhou. In a congratulatory letter, Xi highlighted the fair's 70-year history as a platform for trade exchanges and stated that China intends to collaborate with global partners to protect the multilateral trading system and ensure the stability of global industrial and supply chains.

Premier Li Qiang further detailed these efforts during a symposium with approximately 70 business representatives from nearly 30 countries. Li pledged that China would optimize the investment environment for foreign investors, expand market access, and strengthen the protection of foreign-related intellectual property rights. He also called for increased international innovation cooperation and the promotion of green trade.

The symposium preceded the official opening of the fair, which runs from October 15 to November 4. Overseas representatives expressed confidence in China's development prospects, describing the event as a reliable global business platform.