Suppliers from Greater China offer latest designs of gifts &
premiums, home products, garments & textiles, hardware &
building materials, auto parts and accessories, and food &
beverage products
SINGAPORE, Nov. 22, 2010 /PRNewswire-Asia/ -- Global Sources
(Nasdaq: GSOL) (http://www.globalsources.com) brings its highly
successful trade show series to Singapore for the first time with
the opening of the China Sourcing Fairs today.
(Logo: http://www.prnasia.com/xprn/sa/200708071747.jpg)
Running through Nov. 24 at the Suntec Singapore International
Convention & Exhibition Centre, the China Sourcing Fairs
(http://www.chinasourcingfair.com) comprise six specialty shows
featuring Greater China suppliers' latest gifts and premiums, home
products, garments and textiles, hardware and building materials,
auto parts and accessories, and food and beverage products.
Global Sources' India Sourcing Fair with high-quality decorative
and functional products from India suppliers is also making its
Singapore debut at the same time and venue.
The concurrent trade shows offer international buyers more than 580
booths of products from quality Asian suppliers.
Attending the opening ceremony for the inaugural China Sourcing
Fairs in Singapore were Li Minglin, Minister and Counselor of
Economic and Commercial Section of the Embassy of the People's
Republic of China in the Republic of Singapore, Ruan Weixing,
Vice-Chairman, Fujian Chamber of Commerce of Import & Export
and Merle A. Hinrichs, Global Sources' Chairman and CEO.
Singapore shows make sourcing easier for buyers in ASEAN
China's trade with ASEAN has soared by nearly 50 percent after a
free trade agreement between the two sides became effective in
January 2010. With costs effectively lowered and trade barriers
removed in thousands of product categories under the agreement,
China-ASEAN trade in the January-October period reached US$235
billion.
President of Global Sources Exhibitions, Tommy Wong, said: "As
Singapore is a major trading center in ASEAN, this makes it an
ideal location for hosting China Sourcing Fairs. By bringing our
shows to Singapore, Global Sources offers ASEAN as well as
international buyers operating in the region a convenient platform
for meeting and doing business with Greater China suppliers."
At the recent ASEAN-China Summit, Chinese Premier Wen Jiabao put
forward the goal of US$500 billion in China-ASEAN trade by 2015.
This will further enhance relations between China and ASEAN.
Buying power across ASEAN, home to 600 million people, is
strengthening, with many member states experiencing strong GDP
growth. The World Bank projects the size of the middle class in
Southeast Asia to increase 13-fold within two decades. This
represents tremendous potential for trade expansion in ASEAN.
Singapore tourism representatives are also enthusiastic about the
shows. "Singapore has built a robust calendar of business events
over the years, supported by world-class facilities and excellent
services. We are delighted to welcome the China Sourcing Fairs into
our calendar of business events in Singapore, and believe they add
to the vibrancy of our business events landscape, reinforcing
Singapore's position as a leading destination for tradeshows in the
region. We welcome all international delegates and exhibitors and
hope they will enjoy all the sights, sounds and tastes Singapore
has to offer," said Edward Chew, Director, Exhibitions and
Conferences of Singapore Exhibition & Convention Bureau.
Wong concluded: "China has emerged as ASEAN's largest trading
partner. Launching China Sourcing Fairs in strategically positioned
Singapore, the world's second-largest entrepot after Hong Kong,
will help suppliers from Greater China explore ASEAN markets more
efficiently."
Dates and times of the shows
Opening times for the China Sourcing Fairs and the India Sourcing
Fair are:
-- Nov. 22-23 from 10:00 a.m. to 6:00 p.m.
-- Nov. 24 from 10:00 a.m. to 5:00 p.m.
More details about the China Sourcing Fairs and India Sourcing Fair
in Singapore are available at
http://www.chinasourcingfair.com/singapore.
About Global Sources
Global Sources is a leading business-to-business media company and
a primary facilitator of trade with Greater China. The core
business uses English-language media to facilitate trade from
Greater China to the world. The other business segment utilizes
Chinese-language media to enable companies to sell to, and within
Greater China.
The company provides sourcing information to volume buyers and
integrated marketing services to suppliers. It helps a community of
over 967,000 active buyers source more profitably from complex
overseas supply markets. With the goal of providing the most
effective ways possible to advertise, market and sell, Global
Sources enables suppliers to sell to hard-to-reach buyers in over
240 countries.
The company offers the most extensive range of media and export
marketing services in the industries it serves. It delivers
information on over 4.7 million products and more than 262,000
suppliers annually through 14 online marketplaces, 13 monthly print
and 18 digital magazines, over 80 sourcing research reports and 20
specialized trade shows which run 57 times a year across 9
cities.
Suppliers receive more than 192 million sales leads annually from
buyers through Global Sources Online (http://www.globalsources.com)
alone.
Global Sources has been facilitating global trade for 40 years.
Global Sources' network covers more than 60 cities worldwide. In
mainland China, Global Sources has about 2,700 team members in more
than 40 locations, and a community of over 2 million registered
online users and magazine readers for its Chinese-language
media.
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: [email protected]
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-480-664-8309
Email: [email protected]
Global Sources Investor Contact in Asia:
Suzanne Wang
Tel: +852-2555-4747
Email: [email protected]
Global Sources Investor Contact in U.S.:
Kirsten Chapman & Timothy Dien
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: [email protected]
SOURCE Global Sources