A Brief Introduction to the 102nd Session of China Import and Export Fair Exhibition

1. Official Fair Name
The 102nd Session of China Import and Export Fair (hereinafter referred to as Canton Fair)

2. Hosts
Ministry of Commerce of the People’s Republic of China
People’s Government of Guangdong Province

3. Organizer
China Foreign Trade Centre

4. Venue ( Pazhou Complex Brief Introduction )
Pazhou Complex of China Import and Export Fair


5. Location of the Pavilion
Exhibition Hall on the 2nd floor of Hall 21 and Hall 22 (referred as Hall 21.2 and Hall 22.2)


6. Exhibition Time
October 15 -20, 2007 9:00-18:00


7. Stand Construction and Dismantling Schedule
Stand Construction: Custom-built Stand Setting-up: October 10-12, 2007 8:30-17:30
Move-In Exhibits: October 13, 2007 8:30-24:00
October 14, 2007 8:30-12:00
Standard Stand Move-In Exhibits: October 13, 2007 8:30-24:00
October 14 , 2007 8:30-12:00
The exhibition venue will be entirely closed at 12:00 at noon on October 14, 2007. Stand construction
shall be accomplished by then.
Stand Dismantling: 18:00, 20, October – 23:00, 21, October, 2007.
The complex will open for 24 hours on 20, October.


8. Recommended Contractor
Exhibition Service Department of China Foreign Trade Centre (Group)


9. Organizer Recommended Transporter
Air Sea Transport Inc.
Cosco-logistics (Guangzhou)
Baltrans International Cargo ltd., Guangzhou branch


10. Transport ( How to get to Canton Fair when you arriving in Guangzhou )
Pazhou Complex of China Import and Export Fair is located at No.380 Yuejiangzhong Road, Haizhu District, Guangzhou,
China. Exhibitors can approach to the Complex through following means:

(1)By Metro (Take Metro to Canton Fair)
Metro Line 2 (Sanyuanli Station-Wanshengwei Station):Take off at Xingangdong Station or Pazhou Station；

Metro Line 1(Guangzhou East Railway Station-Xilang Station): Take Metro Line 1 to Gongyuanqian Station. Then
transfer to Line 2 and take off at Xinggangdong Station or Pazhou Station；

Metro Line 3(Guangzhou Tianhe Bus Station-Panyu Square Station): Take Metro Line 3 to Kecun Station. Then transfer
Line 2 to Xingangdong Station；

Metro Line 4(Wanshengwei Station-Jinzhou Station): Take Metro Line 4 to Wanshengwei Station. Then transfer Line 2
to Xingangdong Station.

(2)By Taxi ( How to Book A Taxi on The Internet ，Guangzhou Car Rental Hire Service）
The flag fall price for taxis in Guangzhou is RMB 7 (for the first 2.3 Km). The price after 2.3 km is RMB 2.60 per
kilometer. The fuel surcharge is RMB 1. The meter is fixed in the front part of the taxi near the door.
3
(3)By Hotel Shuttle Bus
Information is available in the hotels.


11. Climate
Guangzhou is a typical tropical city with a South Asian monsoon oceanic climate. The average temperature in October that
belongs to dry season is between 18℃ and 31℃.


12. Currency
RMB is the circular currency in China. Foreign currency can be exchanged for RMB in hotels and bank outlets. The Bank of
China and the ATM with the sign of “China Union Pay” will provide service of drawing cash from credit cards.


13. Time Zone
Guangzhou time is 8 hours earlier than Greenwich Mean Time (+8 hours GMT)


14. Power Supply
The voltage standard in China is 220V/50Hz.

More about 102nd Session of China Import and Export Fair
+ Frequently Asked Questions about Canton Fair
+ Canton Fair Travelling Service
+ Recruitment of the Agent for Internatioanl Pavilion of the 102nd Session of China Import and Export Fair
+ Notice of Exhibitor Recruitment of International Pavilion
+ The Agents of the International Pavilion of the 102nd Session of China Import and Export Fair
+ Liuhua Complex Brief Introduction
+ Pazhou Complex Brief Introduction
+ 4 Star Hotels of Guangzhou part 2
+ 4 Star Hotels of Guangzhou 1
+ Guangzhou Car Rental Hire Service
+ Guangzhou Geared for More Metro-Bus Connection
+ How to Book A Taxi on The Internet
+ Business Tips in Guangzhou
+ Take Metro to Canton Fair
+ International Airlines
+ How to get to Guangzhou from Hong Kong?

2007 Market Info Update on China’s Furniture Industry

1. China’s economy & its import and export trade

According to the latest “China Economy Quarterly” released on Dec.14, 2006 by the World Bank, China’s economic growth rate for the year 2006 is expected to reach 10.4% while its growth rate for the year 2007 is expected to slow down to 9.6%. China is now facing the challenge of balancing its economic development with the distribution of its benefits.

Relevant statistics show that China’s foreign exchange reserves exceed US$1,000 billion, and the country is now the world’s largest holder of foreign exchange. Since its entry into the WTO, China’s total import & export volume has increased to US$1,422.1 billion in 2005 from US$473.5 billion in 2000. In the same period, export value tripled from US$249.2 billion to US$762 billion. According to China Customs’ statistics, foreign trade for 2006 met a new record high at US$ 1,761 billion, up 23.8 % on 2005. The value of exports reached US$ 969 billion, imports reached US$ 791 billion. Statistics also show that exports growth is slightly slowing down (1.2%-points lower than 2005), while growth of import is increasing (2.4%-points up).

2. China’s furniture industry in the last five years

China’s furniture industry has witnessed high-speed development in the last five years, during which a complete production system and sizeable manufacturing capability have been set up. 2005 has seen a historical peak in output growth with the total production value reaching RMB340 billion (US$42 billion), up 28% compared with the previous year. The average growth rate for the last five years exceeds 20%.

China’s furniture exports for 2005 was valued at US$13.76 billion, up by 33% on 2004 and about four times more than in 2000. In comparison to the export figures, the total import of furniture, valued at US$0.68 billion for the year 2005, is still very small, but is gaining momentum as China’s furniture import duty has been reduced to zero.

For 2006 the trends remain: According to customs statistics, from January to November 2006 China’s furniture export value stands at US$15.75 billion, showing that growth is slower. China’s furniture import value is on a straight upward trend with a total US$0.8 billion expected for 2006 (up 18%).

For 2007, China’s total furniture production value is estimated to reach RMB435 billion ( US$55.8 billion) with growth close to 27%.

3. Features of China’s furniture industry

In summarizing the development of China’s furniture industry for the past five years, eight features can be identified, including both the common rules features of a developing industry and the distinctive “Chinese features”.

1. With the size of the industry increasing, a complete production system has been established. The availability of necessary supplies and technology has laid a solid foundation for the next five years’ development.

2. Product quality has improved significantly; enterprises are able to manufacture medium, high and top quality products, thus putting China on the map of international sourcing and outsourcing and OEM manufacturing.

3. Furniture design is gaining importance – the industry is increasingly investing into creativity and innovation. While young Chinese furniture designers are making their first appearance, famous international designers are also actively hired by China’s big furniture enterprises to apply international design trends.

4. The Chinese furniture industry has formed regional clusters all over China, with major importance in the provinces of Guangzhou, Shandong and Jiangsu. Northern China is catching up, specializing in solid wood and metal furniture (Hebei Province).

5. The management level of enterprises has greatly improved. With the appearance of highly professional managers, the industry is modernizing, moving away from family-run to modern management structures. Companies are upgrading their manufacturing technology and IT-infrastructures.

6. The world furniture industry continues shifting to China. In the meantime, exports are diversifying, increasing the scope of products and import countries. Companies manufacturing in China are now exporting to over 200 countries.

7. China’s furniture exhibition industry maintains a growing momentum and remains a driving force in increasing trade relations. The China International Furniture Expo in Shanghai has become a show of international recognition – its visitor and exhibitor figures growing by 20-30% annually.

8. China’s furniture distribution has also been upgraded with furniture shopping malls of different sizes and quality levels being built nationwide, providing an ever-increasing distribution network and covering the increasing domestic demand.

More About The China International Furniture Exhibition:
+ Next stop in September: China International Furniture Exhibition