JOHANNESBURG, Nov. 13, 2014 /PRNewswire/ -- Thousands of
professional buyers are expected to join Global Sources' (NASDAQ:
GSOL) fifth annual China Sourcing Fair today in Johannesburg. Featuring the latest
high-quality products from Greater
China and other Asian countries, the Fair offers
African importers the chance to deal face-to-face with suppliers
who are highly motivated to do business in the region.
Running through Nov. 15 at the
Johannesburg Expo Centre, Nasrec, the Fair will feature
electronics, fashion accessories, garments and textiles, gifts and
premiums, hardware and building materials and home products across
600 booths.
The event attracted more than 8,500 buyers last year. This year,
registrations for the Fair grew 22 percent. "With the surge
we have experienced in pre-registrations for the show, we are
optimistic for a record turnout of buyers this year," said
Tommy Wong, President of Global
Sources Exhibitions. "China has
been Africa's largest trading
partner for five consecutive years, with business growing to
US$210 billion in 2013, up from
US$166 billion in 2011. The success
of our show reflects that trend."
Wong also pointed out that sustained demand in Africa for quality goods from China is fueled by Africa's expanding middle class. "Global
Sources is perfectly positioned to facilitate this accelerating
trade relationship, not only with this annual sourcing event held
in Africa's most economically
advanced country, but also with our online suite of buyer-supplier
services."
A key complimentary service offered by Global Sources at the
Fair is an informative conference program titled "How to
Source from China" which
provides insights and advice on importing from China. Added to the program this year will be
a presentation from the West Rand Chamber of Commerce on how to
better understand and successfully navigate local South African
government regulations on importing.
A ribbon-cutting ceremony was held to officially open the show
today. Among those in attendance were:
- Sun Dali, Consul General,
Consulate-General of the People's
Republic of China in Johannesburg
- Mai Jiaomeng, Mayor, Huizhou
Municipal People's Government, the
People's Republic of China
- Huang Yukun, Deputy Counsel, Department of Commerce of
Guangdong Province
- Wendy Lai, Vice
President, Global Sources
Exhibitions
Underscoring the emergence of Africa as a key trading partner with
China, the China Sourcing
Fair in Johannesburg is
supported by many provincial and municipal governments of mainland
China, as well as other
organizations, including:
- Department of Commerce of Guangdong
Province
- Bureau of Commerce of Huizhou Municipality
- Bureau of Commerce of Shantou City
- Jiangmen Bureau of Commerce
- Bureau of Commerce of Jieyang City
- Bureau of Commerce of Zhuhai City
- Bureau of Commerce of Foshan City
- Bureau of Commerce of Zhaoqing City
- China Foreign Trade Guangzhou Exhibition General
Corporation
- Shenzhen Promotion Association for Small & Medium
Enterprises
- Foshan Electronic Information Industrial Association
Returning to the event this year is the exclusive "Africa
Business Awards" which will feature two exclusive prizes for local
business: a round-trip airline ticket to attend the China
Sourcing Fairs in Hong Kong in
April 2015, and a Rand 30,000 cash prize to be used for business
investment and expansion.
More details about the China Sourcing Fairs are available
at http://www.chinasourcingfair.com/southafrica.
To learn more about Global Sources, please visit our corporate
website (http://www.corporate.globalsources.com), Facebook or
Twitter (/globalsources).
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 facilitates trade between Asia and the
world using English-language media such as online marketplaces
(GlobalSources.com), print and digital magazines, sourcing research
reports, private sourcing events, and trade shows.
More than 1 million international buyers, including 95 of the
world's top 100 retailers, use these services to obtain product and
company information to help them source more profitably from
overseas supply markets. These services also provide suppliers with
integrated marketing solutions to build corporate image, generate
sales leads and win orders from buyers in more than
240 countries and territories.
Global Sources' other businesses provide Chinese-language media
to companies selling to and within Greater China. These services include online
web sites, print and digital magazines, seminars and trade shows.
In mainland China, Global Sources
has a network of more than 30 office locations and a community of
more than 5 million registered online users and magazine readers of
its Chinese-language media.
Now in its fifth decade, Global Sources has been publicly listed
on the NASDAQ since 2000.
Press Contact in
Asia
|
Investor Contact
in Asia
|
Camellia
So
|
Connie Lai
|
Tel: (852)
2555-5021
|
Tel: (852)
2555-4747
|
e-mail:
cso@globalsources.com
|
e-mail:
investor@globalsources.com
|
|
|
Press Contact in
U.S.
|
Investor Contact
in U.S.
|
Brendon
Ouimette
|
Cathy
Mattison
|
Tel: (1-480)
664-8309
|
LHA
|
e-mail:
bouimette@globalsources.com
|
Tel: (1-415)
433-3777
|
|
e-mail:
cmattison@lhai.com
|
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