The 30th Canton Trade Fair opened in the People's Republic of China on Friday (October 15) with a foreign business drive spearheaded by Japanese tradesmen.
The 30th Canton Trade Fair opened in the People's Republic of China on Friday (October 15) with a foreign business drive spearheaded by Japanese tradesmen. About a thousand had already arrived in the city -- centre of a potential market of about 800 million consumers -- and a further 500 were due to arrive later. A VISNEWS camera crew followed their movements on Thursday (October 14), and took a look at their last-minute preparations for the Fair.
SYNOPSIS: Canton, in the People's Republic of China --and the eve of the 30th Canton Trade Fair, attended by thousands of foreign businessmen in an effort to capture part of the 800-million consumer market in and around the city. A large number of visiting businessmen were Japanese tradesmen, and by Thursday, the day before the Fair opened, about a thousand of them had arrived by train from Hong Kong. Five hundred more were to arrive during the next few days. They were the largest contingent of businessmen from any one country, and booked an entire hotel for their stay. Even that was not enough, and several hundred had to stay in another hotel next door.
Everything about the main hotel--the 448-bedroom Kwangchow--was Japanese, except for the staff and the money. The Association for the Promotion of International Trade, a Japanese body, also took an office there. It was acting as advisor for the visiting Japanese businessmen, helping them liase with Chinese officials. Daily bulletins on developments were posted on notice boards, and conferences were organised to help the marketing drive.
Last year, Japan collected one-fifth of the trade from the People's Republic of China..as much as the Soviet Union and Eastern Europe combined. This year, in an intensive effort at the four-week Fair, it hopes to increase that figure considerably.