News Xplained | Guangdong's foreign trade hits new record: are global merchants profiting?

If you want to trade with China, you have to come to Guangdong.

Guangdong Province, a powerhouse of China's economy, has reported a new record in its foreign trade for the first three quarters of the year, with imports and exports reaching 6.75 trillion yuan (about 951 billion U.S. dollars), a year-on-year increase of 11.1 percent.

Behind this record-breaking number are countless Chinese and foreign merchants choosing Guangdong as their business hub. The opportunities are immense.

And right now, the 136^th Canton Fair is probably where those deals are happening. The first phase has just wrapped up, attracting over 130,000 buyers - a 4.6% increase compared to last time.

The enthusiasm is undeniable at one of the world's largest trade expos, but that brings us to a more central question: Are global merchants really making money here? And if so, how much?

This episode of News Xplained will find out the answers.

Reporter: Xachary Tse, Steven Yuen, Siyuan Chen

Script: Xachary Tse

Video: Xachary Tse

Cameramen: Zijian Liang, Guhe Youth at Sun Yat-sen University

Editor: Will, Steven, James

Source：GD TODAY