Friday, November 21, 2014

HKTDC’s autumn fairs host 8,800+ exhibitors

News this week: The Hong Kong Trade Development Council (HKTDC) has organised seven trade shows in Hong Kong during the months of October and November 2014, hosting more than 8,800 exhibitors including overseas exhibitors originating from 54 countries and regions – an increase of 2% against the same period last year.

According to the HKTDC, more than 186,000 local and overseas buyers from 174 countries and regions attended the shows, down 6% year-on-year. Five out of the seven fairs were held at the Hong Kong Convention and Exhibition Centre (HKCEC), including 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. Eco Expo Asia and the Hong Kong International Building and Hardware Fair were both held at AsiaWorld-Expo (AWE).

Benjamin Chau, deputy executive director of HKTDC, remarked, “According to the Hong Kong Tourism Board, per capita spending of business overnight visitors was over HK$10,000 (US$1,290) during their stay. Based on this figure, the total amount spent by overseas buyers and exhibitors during the fairs would amount to more than HK$1.2 billion (US$155 million) to Hong Kong, not including earnings from trade orders and related business services. These findings prove once again the enormous economic contributions exhibitions and conventions make to the Hong Kong economy.”

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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