GAC Motor, a subsidiary of Guangzhou Automobile Group, has been rapidly expanding its presence in domestic and overseas markets in recent years as part of its strategy to develop into a world-class carmaker.
Countries and regions along the Belt and Road have emerged as China's dynamic trade partners as seen from this year's spring Canton Fair, or 121st China Import and Export Fair.
China faces a complex and grim trade outlook which is not likely to improve anytime soon, a senior commerce official warned, despite buoyant trade figures in the first quarter.
China's foreign trade will continue its uptrend following last year's recovery, and the trade structure will be further optimized, said a spokesman of the county's biggest trade event.
More than half of foreign buyers and exhibitors at this year's spring Canton Fair, or 121st China Import and Export Fair, are from Belt and Road countries, organizers said.
Guangzhou's transportation department has made full preparations for the 121st China Import and Export Fair, scheduled to kick off on April 15.
The administrative committee of Guangzhou Tianhe Central Business District is courting the world's top-class planning consultancies with a hefty budget to give the CBD a facelift.
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