Monday, November 14, 2011

Over 8,000 exhibitors at HKTDC’s autumn trade fairs

News this week: The Hong Kong Trade Development Council (HKTDC) reported the attendance of more than 8,000 exhibitors and over 180,000 trade buyers from 168 countries and regions at eight trade fairs organised by HKTDC during October and November this year. According to the HKTDC, over 110,000 mainland Chinese and overseas buyers visited the trade shows – an increase of 9% year-on-year. Additionally, spend of each trade buyer while in Hong Kong averaged more than HK$10,000 (US$1,290).

HKTDC’s trade shows during the autumn period included the Hong Kong Electronics Fair (Autumn Edition), electronicAsia, Hong Kong International Lighting Fair (Autumn Edition), Hong Kong Optical Fair and Hong Kong International Wine & Spirits Fair, which were held at the Hong Kong Convention & Exhibition Centre (HKCEC). While the Hong Kong International Building and Decoration Materials & Hardware Fair, Eco Expo Asia and Sports Source Asia took place at Asia-World Expo (AWE).

Additionally, HKTDC reported a record 600 exhibitors from 20 different countries and regions attended the Hong Kong Optical Fair, which took place from 3rd to 5th November. The Hong Kong International Wine & Spirits Fair also concluded with a record attendance of 19,400 buyers and 930 exhibitors earlier this month.

Benjamin Chau, HKTDC’s deputy executive director, was quoted saying, “The fairs bring more than HK$1 billion (US$129 million) to Hong Kong, not to mention profits from trade orders and related business services… There are always new opportunities in crisis. The thriving emerging markets and growing demand for green products will keep the momentum. In fact, from the buyer attendance and recent survey findings, we can tell that traders are cautiously optimistic about the market outlook.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

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