The ongoing virtual Canton Fair, or the 132nd session of the China Import and Export Fair, provides a platform for foreign trade companies to explore the RCEP market, Economic Information Daily reported on Oct 19.

Sinomax, a mattress and pillow maker in Jiaxing of East China's Zhejiang province, has benefited from the tariff reduction policy of RCEP or the Regional Comprehensive Economic Partnership.

The company helped its Japanese customers to apply for an RCEP Certificate of Origin for preferential tariff treatment. When this news was released the company attracted the attention of many purchasers from Japan and Vietnam on the first exhibition day of this year's Canton Fair.

During the match-making activities of the Canton Fair, Hunan Hualian Porcelain Industry Co Ltd has also found purchasers from the RCEP market. Products of the company are sold in over 40 countries and regions including Africa and South America.

Helping enterprises explore the RCEP market at the Canton Fair has also become the focus of the trade groups at this year's fair. Trade groups from Jiangsu, Hunan, and Guangzhou have provided various services to help companies in their region explore the RCEP market.

RCEP member states are not only important sources of enterprises for the Canton Fair but also the main trade markets served by the Canton Fair.

This year's Canton Fair, with expanded scale, optimized platform functions, and extended service time, provides international companies, including those in the RCEP region, round-the-clock convenience of "staying at home and trading globally", said Wen Zhongliang, vice-secretary-general of the Canton Fair and deputy director of China Foreign Trade Centre.