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| AsiaWorld-Expo | 21 Jun 2010 |
Global Sources renews contracts with AsiaWorld-Expo to host China Sourcing Fairs in Hong Kong through 2014
- 56 shows now scheduled for 2010, up from 30 in 2009 -
Global Sources (NASDAQ: GSOL) has renewed its contracts with AsiaWorld-Expo Management to host China Sourcing Fairs (http://www.chinasourcingfair.com) at Hong Kong’s AsiaWorld-Expo (AWE) for 2013 and 2014. The renewal contracts represent a total gross value of approximately US$16.7 million.Global Sources’ chairman and CEO, Merle A. Hinrichs, said: “This renewal extends a very successful relationship that is fundamental to our rapidly growing trade show business. When we began at the AsiaWorld-Expo in 2006 we had three China Sourcing Fairs that were held twice yearly. This year, we have scheduled 56 trade shows in various cities, with the AsiaWorld-Expo being by far our largest and most important venue.
“We are very pleased with the AsiaWorld-Expo. Buyers appreciate its unmatched convenience and superb facilities, as do our exhibitors, who come primarily from mainland China, Hong Kong, Taiwan, Korea, India and across Southeast Asia. During the last year, attendance at our AWE shows exceeded 133,700 visitors and featured more than 12,600 booths. With the continued support of the Hong Kong government, we look forward to launching many more shows at this excellent venue.”
The China Sourcing Fair is a key component of Global Sources’ multi-channel offering of online marketplaces, trade shows, and digital and print magazines. Since import buyers do not place large volume orders through online marketplaces, suppliers want the face-to-face opportunities at our shows -- where they can negotiate with buyers and win orders. Also, with various media integration initiatives underway, the expanded show schedule will provide tremendous additional exposure and sales leads for all of our advertisers.
For more information about China Sourcing Fairs, visit www.chinasourcingfair.com.
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