Global Sources’ second annual China Sourcing Fairs in Brazil sold out; Fairs set to facilitate more efficient trade between China and South America
The largest expositions of China-made products in Brazil will run Sept. 8 – 10 in Sao Paulo
HONG KONG, July 31, 2013 /PRNewswire/ — Global Sources (NASDAQ: GSOL) announced today that all the booths at the second annual China Sourcing Fairs in Brazil have sold out. The events will feature more than 930 booths, representing an increase of more than 80 percent from 2012. Tremendous responses validate the strategic importance of Brazilian and Latin American markets to Greater China suppliers.
The three-day event will be held Sept. 8 – 10, 2013 at the Imigrantes Exhibition Center, Sao Paulo. The co-located shows will cover electronics, gifts and premiums, garments and textiles, and hardware and building materials. In Brazil, the China Sourcing Fairs are managed by Milton Exhibits under license from Global Sources.
“In a world where near-flat growth has been the norm in recent years, Brazil’s growing economy provides immense trade opportunities for Greater China suppliers,” said Tommy Wong, President of Global Sources Exhibitions. “With Brazil set to host the World Cup in 2014 and the Olympic Games in 2016, its stature and importance as a market for manufactured goods will continue to increase.”
Well received by the provincial and municipal governments of mainland China and other organizations, the Fairs will feature pavilions from Zhejiang, Shanghai, Shenzhen, Xiamen, Zhongshan, Shantou, Chaozhou, Wujiang, the China Chamber of Commerce for Import and Export of Machinery and Electronic Products and Hong Kong Exporters’ Association.
Trade between China and Brazil expanded from US$6.68 billion in 2003 to US$75.46 billion in 2012 and Brazil’s GDP is expected to grow by 3 percent in 2013. “The China Sourcing Fairs in Brazil will certainly become an indispensable event for the buyers there to meet and trade directly with quality Greater China suppliers,” added Wong.
The China Sourcing Fairs in Brazil are exclusively for importers, traders, and other volume buyers who purchase consumer products for resale to markets in South America. The inaugural event in 2012 attracted more than 5,400 professional buyers from Brazil and surrounding countries.
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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 4 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.
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