These sectors attract massive volumes of foreign trade which is evident from the fact that Shenzhen's GDP in midst of global recession in 2009 was 820.1 billion USD while Guangzhou had a GDP of $133.5 billion USD. Even in the era of recession, Shenzhen and Guangzhou maintained China's pinnacle position in the electronics market; in fact due to the incentives it offers to foreign businesses in terms of quality and price, they actually helped push China higher on the apex. Be it an industrialist in USA or a electronic parts retailer in Southern Asia, both deem importing from China to be extremely lucrative and two destinations which surely make on the list of business trip to China are Shenzhen and Guangzhou.
Shenzhen being home to giants in the Cellular Industry, such as Huawei, ZTE and G Five makes it a must visit.
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The prestigious Hon Hai group which trades as Foxconn also has its office in the region. The importance of visiting Guangzhou is due to the annual Canton Fair with 165,436 visitors being catered by over 22,000 exhibitors, showcasing over 150,000 varieties in its 105th session. These speculations surely make Canton Fair, China's biggest trade fair.
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The prestigious Hon Hai group which trades as Foxconn also has its office in the region. The importance of visiting Guangzhou is due to the annual Canton Fair with 165,436 visitors being catered by over 22,000 exhibitors, showcasing over 150,000 varieties in its 105th session. These speculations surely make Canton Fair, China's biggest trade fair.
