Global Sources' China Sourcing Fairs expand to South Africa in 2010

Wed Nov 11, 2009 12:15am EST
 
[-] Text [+]
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: cso@globalsources.com

    Global Sources Press Contact in U.S.
     James W.W. Strachan
     Tel:   +1-480-664-8309
     Email: strachan@globalsources.com

    Global Sources Investor Contact in Asia
     Investor Relations Department
     Tel:   +852-2555-4777
     Email: investor@globalsources.com

    Global Sources Investor Contact in U.S.
     Kirsten Chapman & Timothy Dien
     Lippert/Heilshorn & Associates, Inc.
     Tel:   +1-415-433-3777
     Email: tdien@lhai.com

SOURCE  Global Sources

Press contact in Asia: Camellia So, +852-2555-5021, cso@globalsources.com;
Press contact in U.S.: James W.W. Strachan of Global Sources, +1-480-664-8309,
strachan@globalsources.com; Investor contact in Asia: IR Department of Global
Sources, +852-2555-4777, investor@globalsources.com; Investor Contact in U.S.:
Kirsten Chapman & Timothy Dien of Lippert-Heilshorn & Associates, Inc.,
+1-415-433-3777, tdien@lhai.com

 

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