Global Sources' China Sourcing Fairs expand to South Africa in 2010
November 11 2009 - 12:15AM
PR Newswire (US)
Johannesburg to host the most extensive B2B China-products
exhibition ever to be held in South Africa HONG KONG, Nov. 11
/PRNewswire-Asia-FirstCall/ -- Global Sources (NASDAQ:GSOL) today
announced that South Africa will be the newest location for its
expanding series of China Sourcing Fairs. The events, to be held
December 2010 in Johannesburg, are expected to mark the first time
such a wide variety of China-made products will be exhibited in any
African country. (Logo:
http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b ) The new
China Sourcing Fairs are timed to address Africa's growing demand
for China-made products. Mainland China's exports to Africa grew
39.5 percent in the first seven months of 2009, totalling US$27.92
billion. "There is increasing demand for China-made products in
developing markets," said Sarah Benecke, Global Sources' Executive
Director. "In many of these economies, a middle class is emerging
and demand for consumer products is growing. As mainland China
produces a dominant share of the world's consumer goods, there is a
strong fit between our China Sourcing Fairs and these growing
markets." The event will feature co-located specialty shows for
exhibitors of gifts and premiums, home products, electronics and
components, hardware and building materials, baby and children's
products, and garments and textiles. Global Sources estimates that
the events will attract more than 500 supplier booths. The China
Sourcing Fairs in Johannesburg build on the success of the existing
line up of Fairs in Dubai, U.A.E., and Mumbai, India, that take
Greater China manufacturers directly to some of the world's
fastest-growing consumer markets. "The growth of the China Sourcing
Fairs is a clear sign that people want to import from China," said
Benecke. "The China Sourcing Fairs in Mumbai were sold out. Our
June China Sourcing Fairs in Dubai were also sold out in each of
the three years we have held them there. In fact, exhibitor booth
sales grew over 40% this year in Dubai, while qualified visitor
attendance grew 50%. "Johannesburg is the logical next location for
the Fairs, as it serves as a primary trading center for all of
Africa and it is a very convenient location for business people
throughout Africa who sometimes have difficulty obtaining visas to
other locations." More details about the China Sourcing Fairs in
South Africa are available at:
http://tradeshow.globalsources.com/TRADESHOW/CSF/INDEX.HTM#SouthAfricaShows
. Details on the other China Sourcing Fairs, including those held
in Hong Kong and mainland China, can be found at:
http://www.chinasourcingfair.com/ . 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 854,000 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 4.5 million products and more than 247,000
suppliers annually through 14 online marketplaces, 13 monthly
magazines, over 100 sourcing research reports and 12 specialized
trade shows which run 30 times a year across 10 cities. Suppliers
receive more than 96 million sales leads annually from buyers
through Global Sources Online ( http://www.globalsources.com/ )
alone. Global Sources has been facilitating global trade for 38
years. Global Sources' network covers more than 60 cities
worldwide. In mainland China, Global Sources has about 2,500 team
members in more than 40 locations, and a community of over 1
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: Global Sources Press Contact
in U.S. James W.W. Strachan Tel: +1-480-664-8309 Email: Global
Sources Investor Contact in Asia Investor Relations Department Tel:
+852-2555-4777 Email: Global Sources Investor Contact in U.S.
Kirsten Chapman & Timothy Dien Lippert/Heilshorn &
Associates, Inc. Tel: +1-415-433-3777 Email:
http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b
DATASOURCE: Global Sources CONTACT: Press contact in Asia: Camellia
So, +852-2555-5021, ; Press contact in U.S.: James W.W. Strachan of
Global Sources, +1-480-664-8309, ; Investor contact in Asia: IR
Department of Global Sources, +852-2555-4777, ; Investor Contact in
U.S.: Kirsten Chapman & Timothy Dien of Lippert-Heilshorn &
Associates, Inc., +1-415-433-3777, Web site:
http://www.globalsources.com/ http://www.chinasourcingfair.com/
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