Every mobile laboratory comes with professional facilities and is manned by four third-party technicians.

This scheme will serve the retailer’s more than 70 stores in Guangdong and will soon be rolled out in other regions.

Walmart also plans to build another fresh-food distribution facility with testing services in the Hubei capital of Wuhan this year. This will bring the number of testing centers in the country to seven.

“We hope to provide safe goods and good services to our customers through continuous food safety management,” said Greg Foran, CEO and presidentf Walmart China.

Walmart intends to invest 100 million yuan in food management in its stores throughout the country in the next three years.

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Speaking on the first day of the spring session of the Canton Fair, Deputy Minister of Commerce Li Jinzao said the fair not only supported export development but also served as a platform to examine and refine policies concerning foreign trade.

To boost the competitiveness of China’s export products, the ministry cited measures like promoting local brands, enhancing export service, improving product quality and supporting technological innovation.

Canton Fair is a major event in the worldwide trade industry gathering Chinese manufacturers and over 400,000 buyers from all over the world.

Meanwhile, foreign buyers attending the oldest and biggest trade expo in China are generally optimistic on China’s export prospects, though some are still cautious on the country’s soaring labor costs.

China recorded a 21.8 percent year-on-year growth in export in February, only to slow down in March to 10 percent—the first trade shortfall since February 2012.

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China’s foreign trade and investment is expected to get a boost with the launch of a new e-commerce trade service.

E-cantonfair.com was launched on the first day of the 113^th session of the China Import and Export Fair, the biggest bi-annual trade event in China.

China Foreign Trade Center Deputy Director Liu Jianjun, also the spokesperson for Canton Fair, said he has already inked six strategic alliances with international trade associations to further develop the e-commerce platform.

These partners will organize their members to utilize the Canton Fair e-commerce platform and promote it via different channels abroad.

According to China Foreign Trade Center Director Wang Zhiping, the e-cantonfair.com platform will help make the onsite exhibition a year-round trade fair.

Partnerships with foreign commerce organizations are essential to boost the country’s foreign trade and promote manufacturing business, he said, adding that the alliance will help China’s SMEs better utilize the web to promote themselves abroad.

China recorded a 13.4 percent year-on-year increase in foreign trade in the first three months of the year, while exports went up 18.4 percent.

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Home prices in the Guangdong capital have increased over 2 percent on month to date in April, according to the report.

Guangzhou does not want home prices to increase by over 7.5 percent this year.

General inflation will likely hit 3.5 percent, while the targeted increase in real, disposable per-capita income is 11 percent.

Average new home prices in the city jumped 8.5 percent in the first quarter of 2013. The average psm price last month stood at 16,817, higher than CNY15,503 in December 2012.

Meanwhile, Beijing has already raised minimum down payments for second homes from 60 percent to 70 percent.

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Ritz-Carlton, Guangzhou unveils the details of its “Early Bird” promotional offers for guests planning to attend the 114^th edition of the Canton Fair in October.

Also known as the China Import and Export Fair, the bi-annual event draws sourcing professionals from all over the world.

Hotels in Guangzhou are usually overbooked while the event is underway. Thus, the Ritz-Carlton is offering special benefits to “Early Birds” who make reservations well before the first day of the Canton Fair.

The hotel is offering exclusive 30 percent savings on everyday best available room rates to guests who book before June 30 for the Canton Fair. Those making reservations before May 4 will also have an additional Food & Beverage credit worth RMB 400.

All guests will be given shuttle bus service to the Pazhou Exhibition Center every 15 minutes. They are also privileged to use the hotel’s high-tech Fitness Center, swimming pool and a complimentary high-speed internet access.

Located in the new central business district of Pearl River New City in the district of Tianhe, Ritz-Carlton, Guangzhou is a luxury destination offering 351 rooms. The Residences at The Ritz-Carlton, Guangzhou boasts 91 luxury serviced apartments ranging from one-bedroom to four-bedroom apartments. Among the hotel’s facilities and services are six restaurants and lounges, The Ritz-Carlton, Spa and The Ritz-Carlton Club.

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The opening of the Canton Fair comes amid the country’s economic downturn but a 13.4 percent growth in foreign trade during the first three months of 2013.

About 25,000 companies including 562 from 38 nations are attending this year’s event.

According to Li Jinzao, China’s Vice Minister of Commerce, the fair will further support the expansion of imports, stabilization of exports and the integration of China’s economy with the world.

With an exhibition area of 1.16 million sq m and about 60,000 booths, the event focuses on exports in order to achieve the stable growth of China’s foreign trade, said Li, adding that the nation will try to improve the competitiveness of local firms through technological innovations, home brands promotion, and improvement of quality products and services.

Around 200,000 foreign buyers will likely attend the three-phase event, which will last until May.

The 112th edition of Canton Fair recorded a turnover of US$32.68 billion, down 9.3 percent from the spring session.

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The plans aim to help local manufacturers support their pricing capacities when it comes to buying raw materials, said Guangzhou Mayor Chen Jianhua.

China has set up two futures exchanges at two of its three officially recognized economic zones. The eastern Yangtze River Delta region is presently home to the Shanghai Futures Exchange and China Financial Futures Exchange, while the Dalian Commodity Exchange and Zhengzhou Commodity Exchange are near the Beijing-Tianjin-Tangshan region.

Meanwhile, the southern Pearl River region, which comprises Guangzhou and other major commercial hubs like Shenzhen and Dongguan, has not hosted future trading for about 15 years.

According to Zhao Yan, a senior analyst with Everbright Futures, Guangzhou is fitted for an exchange considering its dynamic market environment and experience with exchange operation.

The Guangdong capital created two of the country’s first domestic future exchanges in 1993 but officials combined them in 1995 before ultimately shutting it in 1998 amid concerns that widespread speculation was causing market inflation.

As a whole, the Pearl River Delta Region and Guangzhou is home to vigorous spot markets for various bulk goods like refined oil, plastics, steel and grains, said Nie Linkun, deputy director of Guangzhou Financial Services Office.

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Guangzhou’s newest hotel brings a new style of modern luxury to China by combining the city’s traditions with the brand’s future-forward and dynamic designs.

W Guangzhou features 317 guest rooms and suites, offering a perfect retreat away from the hustle and bustle of the busy city. The hotel offers seven different categories of guestrooms ideally suited for global jet-setters.

All guest rooms and suites come with the signature W Bed, high-speed Wi-Fi, 46” LED HD TV, Munchie Box stocked with exclusive amenities, state-of-the-art surround sound system, MP3 player plug-and-play device, and the city’s first motion sensor capability.

W Guangzhou also sets a new style scene in the city with its three signature restaurants and two lively nightlife venues.

AWAY Spa®, the first in China, offers guests and city locals an ideal place to detox and relax. It captures the playful and glamorous W experience, combining Eastern and Western elements to create an exclusive experience. Aside from the AWAY Spa®, W Guangzhou offers SWEAT state-of-the-art fitness center, WIRED 24-hour business center, WET® heated indoor pool, and the W brand’s Whatever/Whenever® service philosophy.

With over 2,000 sq m of meeting and event space, W Guangzhou makes an ideal venue for presentations and special events. It offers studios with state-of-the-art audio visual facilities and fully-adaptable conference equipment.

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Air passengers with a ticket for a third destination will be able to break their trip at the Guangdong capital for three days with no visa, the airline says.

The new visa policy will likely become effective this year at the Guangzhou Baiyun Airport for travelers from 45 nations.

The airline first implemented its 72-hour transit visa-free scheme on January 1 for Shanghai Hongqiao International Airport, Shanghai Pudong International Airport  and Beijing Airport.

The move is expected to boost the airline’s “Canton Route” between Asia, Australia and Europe.

The route will operate as a shortcut providing a link between Asia, Australia and Europe.

Passengers between Australia and Europe will save two hours of their travelling time by transferring at Guangzhou instead of Shanghai or Beijing, the airline claims.

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The recently concluded LED CHINA 2013 has drawn 1,012 local and foreign investors, making it the biggest combined turnout for LED and LED Lighting in the world.

The number of local and overseas visitors increased more than 24 percent and 11 percent, respectively, with Australia, Brazil, Canada, Egypt and France being the top five countries in terms of the number of foreign visitors.

The four-day event also saw a more than 14 percent increase in exhibition space to 80,000 sq m.

Meanwhile, the inaugural conference titled “Advanced LED and Solid-State Lighting Technologies – from Wafer Level Processes to System Applications,” which featured prominent professors from several universities and LED technical experts, drew more than 200 delegates. A series of sessions and seminars completed the education opportunities for visitors, while new product launches by major exhibitors contributed to the excitement brought by the event.

The 10^th edition of LED CHINA is slated for February 23 to 26, 2014 still at the China Import and Export Fair Pazhou Complex, Area B in Guangzhou.

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