MOFCOM issues reform plan of Canton Fair

MOFCOM issues reform plan of Canton Fair

On August 27, the Ministry of Commerce of China issued "The Reform Plan of the 104th and future Canton Fairs" which includes establishing a mechanism of mutual supervision and balance; while expanding on the exhibition's scale and mitigating the contradiction of supply and demand.

The contents of the plan are as follows:

——To expend the exhibition scale, mitigate the contradiction of supply and demand and promote specialization. The Canton Fair's two phases will be changed into three phases starting from the 104th session in the fall of 2008. The first phase will focus on machinery and electronics; the second phase will be about daily and festival products; and in the third phase, textile and clothes, bags, sports products, office supplies, medicine and health products, food and local products will be the focus. And the scale will shift from 32,000 exhibitions during the 102nd session to 54,000 exhibition stages.

In addition, exhibition areas will increase from 34 to 50 to promote the specialization. And the original 4 categories, including brands; famous, excellent, brand-new and unique products; investment appeal; and distribution will be simplified to 2 categories of brands and universality.

——To unify methods, normalize operations, and establish the mechanism of mutual supervision and balance.

——To rationalize relationships, suitably divide work, and perform one's duty perfectly.

By People's Daily Online