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.”
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