132nd Canton Fair "Trade Bridge" Auto Parts Matchmaking Event Successfully Held, Connecting Trade Partners in China and Latin America

2022-10-15 05:57:15 By : Ms. Annie Wang

GUANGZHOU, China , Oct. 12, 2022 /PRNewswire/ -- The 132nd Canton Fair, set to open online on October 15 , is launching more than 40 "Trade Bridge" one-on-one trade matchmaking events. The 3-day long Vehicles & Spare Parts Matchmaking for Latin American Countries has wrapped up recently. 50 professional buyers from 8 Latin American countries such as Peru , Columbia and Mexico met with nearly 100 Chinese auto parts suppliers from 8 provinces and cities virtually, and some of them have signed intended orders after the event.

Carlos Andrés Pineda, presidente of Asopartes in Columbia, Huo Rukun, director of Guangdong Zhaoqing auto parts base and other guests attended and addressed the event. "China's auto parts industry has grown very mature. Boasting a vast number of products, the auto parts industry has won a high international reputation", said Carlos Pineda . According to Huo Rukun, Zhaoqing auto parts industrial cluster is the supplier for many world-famous car manufacturers at home and abroad. Its die casting auto parts enjoys a 70% market penetration rate.

Peru's largest truck and trailer parts distributor IMPLEMENTOS PERÚ, Peru's largest manufacturer of electric cars SINO MAQUINARIAS Y TECNOLOGIA, among other buyers, discussed with multiple Chinese suppliers in the event and found their intended trade partners. The targeted and productive trade matchmaking also garnered positive feedback from the suppliers. Many attendees expressed their gratitude and recognition for Canton Fair to serve as the bridge connecting suppliers and buyers and its tailored and considerate services.

China Foreign Trade Centre, Canton Fair's organizer, had gone through meticulous preparations prior to the event, in particular, collecting buyers' demand, selecting quality companies by working with commerce departments of different localities and following up with results achieved after the event.

The Canton Fair "Trade Bridge" Global Promotion events connect international companies and industry buyers with Chinese manufacturers, aiming to facilitate trade cooperation and boost business efficiency. In October, more events, positioned to target specific markets such as Central Asia , RCEP countries and so on, will continue to introduce China's key industrial clusters, leading enterprises and innovative products to global audiences.

For more information and opportunities, please visit https://www.cantonfair.org.cn/en-US/register/index?utm_source=rwyx#/foreign-email

View original content to download multimedia:https://www.prnewswire.com/news-releases/132nd-canton-fair-trade-bridge-auto-parts-matchmaking-event-successfully-held-connecting-trade-partners-in-china-and-latin-america-301647156.html

WILMINGTON, Del. (Reuters) -Elon Musk is being investigated by federal authorities over his conduct in his $44 billion takeover deal for Twitter Inc, the social media company said in a court filing released on Thursday. While the filing said he was under investigations, it did not say what the exact focus of the probes was and which federal authorities are conducting them. Twitter, which sued Musk in July to force him to close the deal, said attorneys for the Tesla Inc CEO had claimed "investigative privilege" when refusing to hand over documents it had sought.

MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff is not involved in creating this content. And at a 2009 shareholder meeting, Buffett noted that the first best thing you can do to protect against inflation is to invest in yourself and your skills: “If you’re the best teacher, if you’re the best surgeon, if you’re the best lawyer, you will get your share of the national economic pie regardless of the value of whatever the currency may be,” he said.

Yahoo Finance speaks with Smead Capital Management CIO Bill Smead on bank earnings, home-lending, and which banks are best positioned for the choppy road ahead. 

Most retired workers depend on multiple streams of income during their retirement. Two of the most common such income streams are Social Security and pensions. If we look at pension vs. Social Security income, we find significant differences. Retired workers … Continue reading → The post Pension vs. Social Security: Key Differences appeared first on SmartAsset Blog.

Americans face a tough winter, with one government agency warning that most households will see a sharp increase in heating costs this year, as natural-gas prices look to post their largest yearly percentage gain in 17 years.

The maximum amount of earnings subject to the Social Security tax will increase to $160,200 from $147,000 starting in January.

If someone receiving Social Security benefits earns money by working, the Social Security Administration may reduce the amount of that person's benefits. This only affects people who start taking benefits before reaching full retirement age. And only income earned from … Continue reading → The post What Income Reduces Social Security Benefits? appeared first on SmartAsset Blog.

The supermarkets, which have agreed to combine, say they will squeeze suppliers and lower prices for consumers. Investors seem skeptical.

The Oracle of Omaha has a secret $5.9 billion investment portfolio that's been piling into two specific stocks.

Kroger's purchase of Albertsons should improve product freshness in stores and private label offerings, says Kroger CEO Rodney McMullen.

On Friday, Cincinnati-based Kroger announced its $24.6 billion acquisition of rival Albertsons. Here's what you need to know about the massive deal.

The U.S. restriction on chip sales to China only affects “leading edge” logic chips. China buys mostly older chips for its vast electronics and automotive industries.

Yahoo Finance anchors break down UnitedHealth Group's third quarter results

Exxon is building a base as the conflict in Ukraine rages on and as Q3 earnings are due later this month.

Will I outlive my retirement savings? This question dogs many retirement savers who view their accounts, often far shy of $1 million, with dread and fear. After all, aspiring retirees have to plan for longer lifespans, potentially steep medical costs … Continue reading → The post This Chart Shows You How Many Years an Extra $100K Buys You in Retirement appeared first on SmartAsset Blog.

Suriname has suffered a number of setbacks recently, but it is still aiming to exploit the gigantic offshore Guyana-Suriname oil basin

(Reuters) -Some of oilfield service firm Schlumberger's more than 9,000 Russian employees have begun receiving military draft notices through work, and the company is not authorizing remote employment to escape mobilization, according to people familiar with the matter and internal documents. Schlumberger's cooperation with authorities by delivering the military call-ups and its refusal to allow Russian staff to work outside the country has caused a backlash, according to the sources. Russian law requires companies to assist with delivering a summons to employees and to conduct a military registration if at least one of its employees is liable for service, according to advocacy group Business & Human Rights Resource Centre, which tracks corporate performance on human rights issues.

The combined supermarket chains’ ad networks for marketers could benefit from increased reach and consumer data.

Many people looking for a new job are rethinking their priorities. In fact, from April 2020 to June 2021, the demand for flexible work arrangements grew at a faster pace than any other work priority, according to LinkedIn's Talent Drivers … Continue reading → The post High-Paying Jobs That Are Expected to Grow Over the Next Decade – 2022 Edition appeared first on SmartAsset Blog.

The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.