Phase Three of the 140th China Import and Export Fair, commonly known as the Canton Fair, is currently underway in Guangzhou, the capital city of south China's Guangdong Province, drawing a record number of top international buyers.

To foster global partnerships, the event has optimized its business promotion and matchmaking services.

As of Monday, 163 overseas business organizations had participated, marking a 5.8 percent increase year on year. A total of 494 top purchasing enterprises from around the world have attended, an increase of 21.4 percent over the previous year, setting a new record.

The 140th Canton Fair runs in three phases from Oct 15 to Nov 4.

Covering 515,000 square meters with 25,000 booths, the third and final phase features 21 exhibition zones across five major categories, including toys and baby products, fashion, home textiles, stationery, and health and leisure products, with more than 12,000 companies participating.

Over the past 70 years, the fair has grown into China's largest and longest-running international trade event, boasting the broadest product range, largest buyer turnout, and highest transaction volume.