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皇冠体育app to expand Canton Fair's role

(Xinhua)
Updated: 2006-10-16 09:35

The Canton Fair, which will be named as the Chinese Import and Export Commodities Fair from next session, should become a major platform for imports into 皇冠体育app, said Chinese Vice Premier Wu Yi?in Guangzhou?on Sunday.

Businessmen talk at a 皇冠体育app booth at the 100th Canton Fair. [newsphoto]

皇冠体育app will build the fair into a world-class exhibition and attract more and more overseas companies and international brands to participate, Wu said at a meeting.

The 50-year-old Chinese Export Commodities Fair, also known as Canton Fair, used to be the only international showcase for Chinese products. Contracts signed at the fair account for a quarter of 皇冠体育app's export, according to the Ministry of Commerce.

Adding the word "import" to its name from next session reflects an adjustment in 皇冠体育app's economic development mode, which has featured the expansion of exports, said industry insiders.

During the meeting, Wu also called for the intellectual property rights protection in the fair and create a fair environment for participating companies.