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Media Coverage
Path: Corporate Home >> Media Coverage >> April 20, 2008
Below is a summary of an article about Global Sources.
Global Sources Organizes Baby & Children’s Products Trade Shows in China and Hong Kong
Ming Pao, April 20, 2008
The Gifts & Home Products fair organized by trade show company Global Sources will open on Sunday and run through Wednesday at AsiaWorld-Expo. Unlike last year, the Baby & Children's Products fair will be separated from the Gift & Home Products fair. The company also announced that starting this year, the Baby & Children's Products fair will be held 3 times a year in Hong Kong and China.
General Manager of Global Sources Exhibitions, Tommy Wong, indicated that the company launched its first-ever Baby & Children’s Products trade show last year in Shanghai. The show featured 150 booths and attracted 5,462 buyers. After splitting the shows, some buyers felt that the new sourcing fair was more convenient. Therefore, the company decided to split the Baby & Children's Products fair from the Gifts & Home Products fair from then on. Starting this year, the China Sourcing Fair: Baby & Children's Products will be held three times a year in Hong Kong and Shanghai (twice in Hong Kong). 18 million Babies Born in China Every Year; Huge Market Tommy Wong said that they are optimistic about the prospects for Baby & Children’s Products fair in the long run since there are over 133 million babies being born in the world every year. Moreover, an ordinary family in the mainland China would spend one-third of their income on their children. As their income increases, these expenditures will rise correspondingly. On the other hand, most of the baby and children’s product fairs held in Hong Kong are mainly B2C in nature or target parents. There isn’t a baby and children's sourcing fair that is B2B in nature. In addition, according to Global Sources'newly released China Supplier Survey (a survey of 711 companies), 80 percent of Greater China suppliers plan to raise export prices in the next six months. This is up from 59 percent in the previous survey, and is the highest since the first survey in 2005. |
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