Arab Today, arab today in chinas largest trade fair tech innovation brightens prospects
Last Updated : GMT 06:30:03
Arab Today, arab today
Arab Today, arab today

In China's largest trade fair, tech innovation brightens prospects

Arab Today, arab today

Arab Today, arab today In China's largest trade fair, tech innovation brightens prospects

China flag
Guangzhou - XINHUA

In China's largest trade fair in the southern city of Guangzhou, a small electric kettle attracted the attention of many foreign buyers.

With a single tap on their smartphone, users can sit back and wait for the water to be heated to a desired temperature.

The smart kettle, made by Ningbo Smal Electrics Co., is one of the innovative products at the fair that is revamping the notion of "Made in China" in many foreigners' mind.

The China Import and Export Fair, also known as Canton Fair, is considered a barometer for China's foreign trade, which has been under significant pressure as global demand wanes. Facing economic uncertainties and rising competition from overseas manufacturers, Chinese exporters are seeing technological innovation as a silver lining.

"There's no way out if you are producing the same stuff," said Dong Yuejun, president of Smal. "For the products to sell, you have to be different."

Dong is reluctant to forecast how many orders they will receive at the fair, but she said she was "optimistic" about the prospects for profitability.

Since 2014, Smal has started the research into the technology of the Internet of Things, of which the Internet-connected electric kettle is one result.

Like Smal, a rising number of domestic and foreign exhibitors at the fair are innovating to battle a downturn in overseas sales.

Zhang Qingfu, vice president for the overseas operation of Haier, one of China's major home appliance makers, said personalized customer demand is a key reason that drives enterprises to innovate.

"It's no longer the case that consumers purely buy a refrigerator just to store things," said Zhang.

To satisfy diversified demand, Haier has developed a platform to connect resources from more than 300,000 R&D centers around the world, in effect to "crowdsource" creative ideas that respond to customers needs.

Jayesh Daryanani, a buyer from Reunion Island, carefully examined the refrigerators at Haier's booth and was especially impressed with the frost-free feature.

"This technology is very advanced," said Daryanani, adding that technology was the main reason he bought Haier products, which approximately accounted for 10 percent of all home appliances sold on the Island.

He said buyers are always seeking a balance between price and quality. "It's not only the price we consider, quality also makes a difference," said Daryanani.

The transformation of Chinese products from "cheap goods" to higher-end commodities came at a time when innovation was given center stage in the country's development plan, which promotes innovative technology through a wide range of measures.

Thanks to the emergence of innovation-driven growth engines, China still has competitive advantages in foreign trade, said Vice Premier Wang Yang on Monday, adding that more needs to be done to make foreign trade "more stable and stronger."

Besides measures to increase the overseas presence of Chinese firms, the central government has vowed support for imports of advanced equipment and technology, according to a State Council statement released last Wednesday.

That will be good news for foreign exhibitors at the fair who are looking to introduce technology to the Chinese market.

Ecovitta, a Singapore-based company that has a manufacturing base in China, said the company is looking for Chinese partners who want to sell their product -- steam cleaning technology -- under their own brands.

Nasser Jafarzadeh, managing director of the firm, said the technology helps clean carpets, rugs and hardwood floors without harsh chemicals, and is more widely used in Western homes.

"As Chinese customers pursue higher-end products, steam is one of things they'll move into," said Jafarzadeh, who is expecting more customers to choose steam products over the dirty mop.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today in chinas largest trade fair tech innovation brightens prospects Arab Today, arab today in chinas largest trade fair tech innovation brightens prospects

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today in chinas largest trade fair tech innovation brightens prospects Arab Today, arab today in chinas largest trade fair tech innovation brightens prospects

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iraq's Barzani isolated by his drive

GMT 04:36 2017 Tuesday ,24 October

Iraq's Barzani isolated by his drive
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU targets German carmakers

GMT 05:41 2017 Tuesday ,24 October

EU targets German carmakers
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today Rogina happy for reactions to “The Flood”

GMT 09:30 2017 Friday ,20 October

Rogina happy for reactions to “The Flood”
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 05:54 2017 Tuesday ,24 October

Second Palestinian mobile provider enters Gaza

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday