SNIEC reiterates stay in Pudong

News this week: The Shanghai New International Expo Centre (SNIEC) has released a statement to reiterate its stay in Shanghai’s Pudong New Area following recent rumours about the possibility of the venue’s removal. Earlier in April this year, the venue quashed rumours that it would be closed and redeveloped in the Lingang port district.

Opened in November 2001, the venue is jointly owned by the German Exposition Corp., a joint subsidiary of Deutsche Messe, Messe Düsseldorf and Messe München, and Shanghai Lujiazui Exhibition Development Co., Ltd. SNIEC has recently signed long-term agreements with more than 70% of its customers including a 10-year agreement with the organiser of Furniture China, UBM Sinoexpo.

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.

UBM signs long-term agreement with SNIEC, releases Q3 results

News this week: One of UBM Asia’s joint venture companies in China, Shanghai-based UBM Sinoexpo, has signed a ten-year strategic cooperation agreement with the Shanghai New International Expo Centre (SNIEC) effective from 2014 to 2023.

UBM reports UBM Sinoexpo’s operations have grown by an average of 10% annually – with exceptionally high growth rates of 23% and 38% recorded in 2007 and 2011 respectively. In 2014, UBM Sinoexpo rented a total of 880,000 m² of exhibition venue space across China versus total net space sold of 433,451 m² from trade fairs – for an average utilisation rate of 49.3% during the year.

Separately, UBM plc reported its third quarter interim results ended 30 September 2014. Management expects underlying performance to remain on track for the full year, and highlighted the strong performances of several Greater China-based trade shows. During the quarter, UBM invested US$11.9 million in its events business, which included the acquisition of U.K.-based Seatrade Communications earlier this year.

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.

Key Shanghai venue appoints new GM

News this week: The Shanghai New International Expo Centre (SNIEC) has announced the appointment of a new General Manager, Michael Kruppe, effective 1^st February 2014.

Kruppe previously worked in sales and marketing in China in a variety of industries for almost 25 years. He replaces Dr. Hans-Jörg Geduhn, who left SNIEC at the end of January 2014 to pursue other challenges.

As Kruppe takes over from Geduhn, SNIEC faces a new era of heightened competition. A new 400,000 m² venue is schedule to open in Shanghai’s Hongqiao district in 2015. The venue will be owned by the China Foreign Trade Group (organisers of the Canton Fair) and Shanghai EastBest International.

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. 

UBM assures Furniture China’s exhibitors of continuation at SNIEC

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.

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.

Exhibitors up 10% at Messe Frankfurt’s Interior Lifestyle China

News this week: Messe Frankfurt (Shanghai), organiser of Interior Lifestyle China, is reporting 10% growth in exhibitor numbers compared with the show’s 2011 edition. There were some 248 exhibitors from 15 countries this year. The four-day trade show will run from the 10^th to 13^th October at the Shanghai Exhibition Centre.

With a focus on middle- and high-end household products and accessories, Interior Lifestyle will feature five group pavilions from Germany, France, Italy, Hong Kong and Taiwan. Messe Frankfurt also announced that as a result of the show’s expansion, Lifestyle China will relocate to the Shanghai New International Expo Centre (SNIEC) next year and run from 25^th to 27^th September 2013.

Evan Sha, general manager of Messe Frankfurt (Shanghai), said, “The change of date also allows for Interior Lifestyle China to be held concurrently with Paperworld China, a major consumer goods show for the stationery industry. Furthermore, the new venue has facilities to meet the ongoing needs of our expanding show. In fact during the past six years, the number of overseas exhibitors and brands participating in the show has increased from less than 30% in the first edition to more than 70% in 2012.”

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.

15,000 visitors at inaugural Ecobuild China

News this week: Green building trade show, Ecobuild China, reported the participation of 127 exhibitors and more than 15,000 visitors at its inaugural edition held at the Shanghai New International Expo Centre (SNIEC).

Organised by UBM Sinoexpo, a subsidiary of UBM, Ecobuild China was held from 9^th to 12^th April this year concurrently with building and construction trade show, Expobuild China 2012. The shows featured a total of 418 exhibitors and 42,600 visitors over 54,000 m² of exhibition space.

Ecobuild’s portfolio director James Blue said, “Sustainability in the built environment is an issue that has picked up pace over recent years and shows absolutely no sign of slowing its momentum. Ecobuild in the UK has seen phenomenal growth over recent years. We want Ecobuild China to be the annual meeting place for everyone involved in the creation and maintenance of sustainable built environments throughout China and I’m thrilled that the event has been so well received by such a passionate and diverse community.”

The next edition of Ecobuild China will take place from 1^st to 3^rd April 2013 at the SNIEC.

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.