News this week: Earlier this week, UBM
Sinoexpo, one of UBM Asia‘s joint
venture companies in China and the organiser of Furniture China, released an
open letter to its exhibitors addressing the possibility of a government-backed
furniture trade show launching in Shanghai in 2015.
In the letter, the organiser addressed the issue of new competition
stemming from the opening of the 400,000 m2 China Expo Complex in Hongqiao
district in 2015. UBM acknowledged the benefits for China’s economy from a new
furniture show, but stressed the benefits from exhibiting with the strong
Furniture China brand outweighs short-term cost-savings.
The UBM letter also linked to a statement from Shanghai New International Expo Centre (SNIEC)
quashing rumours regarding the possible relocation of the SNIEC venue. SNIEC’s
management explicitly denied that the venue would be closed and redeveloped in
the Lingang port district. In addition, as BSG reported last week, SNIEC has recently
announced it was securing long-term contracts with major exhibition organisers
to continue to host their events at SNIEC.
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