The 135th Canton Fair has come to a successful close in Guangzhou, with a record-breaking number of overseas purchasers in attendance. A total of 246,000 buyers from 215 countries and regions participated in the offline event, marking a 24.5% increase from the previous session.
The fair saw an impressive total export turnover of US$24.7 billion offline, with an additional US$3.03 billion generated through the online platform. This represents a 10.7% and 33.1% increase respectively from the previous session. Notably, transactions with countries involved in the “Belt and Road” initiative reached US$13.86 billion, a 13% increase from before.
Following the conclusion of the offline exhibition, the online platform will continue to operate regularly, offering a series of trade docking and industry-themed activities online. The 136th Canton Fair is scheduled to take place in Guangzhou in three phases from October 15th to November 4th this year.
The success of the 135th Canton Fair highlights the resilience and adaptability of the global trade industry in the face of challenges. With a strong showing from overseas purchasers and increased export turnover, the fair sets a positive tone for future trade events.
Reporting on this event were Huo Siying, Hu Nayun, Li Jiale, Huang Guobao, and Pan Yujie from the Xinhua News Agency Audio and Video Department.
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Harsh Goenka: Playing with share prices! Harsh Goenka raised many serious questions, know what is the whole matter – harsh goenka warns of harshad mehta era scam amid booming markets know details
– 2024-05-05 12:55:16
2024-05-05 12:55:16
New Delhi: Veteran industrialist and RPG Group Chairman Harsh Goenka has raised many serious questions regarding share prices. He has accused him of manipulation in share prices. He urged SEBI and the Finance Ministry to intervene and investigate the matter, so that small investors can be saved from huge losses. He is very active on social media. Harsh Goenka wrote in a tweet on social media platform X on Saturday that amidst the boom in the Indian stock markets, many promoters are exaggerating the profits. He is working with brokers to push his stock prices to unrealistic levels. This also includes Marwari and Gujarati brokers. He has said that the stock price is being played with in Kolkata. He has chalked it up to the return of the Harshad Mehta and Ketan Parekh era.
said this big thing
Harsh Goenka, in a post on It is time that SEBI and the Finance Ministry intervene and investigate before small investors suffer huge losses.” This tweet comes after the sharp fall in the stock market yesterday, when the BSE Sensex fell by almost 1,000 points in the day’s trading and fell below 74,000 points. Similarly, NSE’s Nifty also fell by more than 200 points and fell below 22,450 points.
What was Ketan Parekh scam
After the Harshad Mehta scam, the Ketan Parekh scam was the second most significant scam that rocked the Bombay Stock Exchange. Ketan Parekh, who learned the tricks of trading from Harshad Mehta, also did the same thing which Harshad Mehta had done 10-15 years before him. In the beginning of the year 2000 and before that, Ketan Parekh had sensed that the IT sector in the country would show rapid growth, hence Ketan Parekh started investing in IT stocks. But, to take advantage of this opportunity, he chose small companies and made big money through ‘pump and dump’.
The stock market came to know of Ketan Parekh’s scam when the Mumbai branch of Bank of India alleged that Ketan Parekh had defrauded them of Rs 137 crore. After this there was a big fall in the stock market.
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Pemex allocated 388 million pesos to eight entities during the first quarter of the year
Mexico City. In the first quarter of the year, Petróleos Mexicanos (Pemex) allocated 388 million 300 thousand pesos to the eight states where the company has the greatest presence of its activities, an amount that represents an increase of 145.6 million, or 60.6 percent more, compared to the same quarter of the previous year.
The company reported to the Energy Commission of the Chamber of Deputies that these resources were used for 68 programs, works and/or actions in Campeche, Chiapas, Guanajuato, Nuevo León, Oaxaca, Tabasco, Tamaulipas and Veracruz.
With these funds, services and infrastructure in education and sports, environmental protection, productive projects, health, public safety and civil protection were improved in these entities, which is also linked to the goals of the objectives of the 2030 Agenda for Development. Sustainable.
He indicated that Tabasco and Campeche were the states that received the most resources, concentrating 52.55 percent and 36.02 percent, respectively, of the total, which corresponds to their contribution of hydrocarbons to national production and the activities carried out by the oil company.
The company in charge of Octavio Romero Oropeza highlighted that Tabasco is one of the main levers of the country’s economic development and highlighted that the large reserves found in this six-year period, as well as the majority of the extraction volumes place the state as the head of the country’s oil production.
Likewise, he indicated that the resources allocated to education aimed to promote the improvement of the quality of teaching and access to education in the communities of oil environments through the delivery of school equipment and furniture in 40 basic education schools and high school, which benefited students from Oaxaca, Tabasco and Veracruz.
The infrastructure of two schools in the municipalities of Tihuatlán, Veracruz, and Comalcalco, Tabasco, was also improved; The Joya de la Pita baseball field in Tierra Blanca, Veracruz, was modernized, and the Tianguis Campesino de Comalcalco, Tabasco facilities were built, where 120 rural producers come to sell their crops.
In addition, “reliable and quality road infrastructure was developed to promote mobility and economic development, and boulevards, highways and roads were rehabilitated, built and paved in 10 locations in the municipalities of Nacajuca, Comalcalco, Jalpa de Méndez, Centro and Cunduacán , in Tabasco; Carmen, in Campeche and Reforma, in Chiapas.”
In the health area, the oil company indicated that access to quality health services and medicines was improved, through the delivery of 11 ambulances; The free general medicine and dentistry services continued through the operation of 2 Mobile Medical Units in Tabasco and Veracruz, where 19,130 general medicine and 4,570 dentistry consultations were granted, benefiting 20,800 people, including Other actions.
#Pemex #allocated #million #pesos #entities #quarter #year
– 2024-05-05 14:22:08
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Pemex allocated 388 million pesos to eight entities during the first quarter of the year