SAO PAULO/PRNewswire/ -- Global Sources (NASDAQ: GSOL) today announced the opening of the second annual China Sourcing Fairs in Brazil. Featuring more than 950 booths, an increase of 85 percent from the 2012 inaugural event, the Fairs are the largest exhibitions of Asia- andChina-made products in Brazil.
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The four co-located shows covering products of electronics, gifts and premiums, garments and textiles, and hardware and building materials, are running through Sept. 10 at the Imigrantes Exhibition Center inSao Paulo.
"With this second show, we are greatly expanding the product choice for Latin American buyers and firmly rooting the Fairs as the preeminent show for sourcing quality products directly from Asia andGreater China suppliers," said Tommy Wong, President of Global Sources Exhibitions. "Our aim is to change the B2B landscape here by providing an efficient sourcing and marketing platform for buyers and exhibitors alike so they can fully benefit from the booming Brazilian and South American market. This kind of trade show has not been offered before in Brazil on this scale."
Well received by provincial and municipal governments in mainland China since its inaugural event, this year's shows 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. Combined, these different areas provide the Fairs'attendees a much larger selection of products and manufacturers from China's leading supply markets.
In addition, the Brazil-China Chamber (CCIBC) is helping to arrange buyer/exhibitor meetings throughPrivate Sourcing Events . The Chamber is also providing on-site consultation to exhibitors who want to know more about the Brazilian market and its importance as an alternative source of buyers during the current period of slower global economic growth.
China-Brazil trade exceeded US$40 billion in the first half of 2013, a 9 percent year-on-year increase. "Growth in Brazil, already one of the fastest growing emerging economies in the world, is set to be propelled further by the upcoming World Cup in 2014 and Olympic Games in 2016," added Wong. "TheChina Sourcing Fairs will allow buyers and exhibitors to fully profit from this immense opportunity."
Geraldo Alckmin, Governor of Sao Paulo, acknowledged Global Sources for its contribution to facilitate closer trade ties between Brazil, China and other key manufacturing bases in Asia. Officially opening the events today were:
- Hu Ying, Deputy Consul General, Consulate General of the People's Republic of China in Sao Paulo
- Feng Yurong, Vice Mayor of Zhongshan Municipal Government, PRC
- Li Jun, Secretary-general of Zhongshan Municipal Government, PRC
- Jooji Hato, State Deputy, Sao Paulo, Brazil
- Pedro D'Alessio, Director, Sao Paulo Events and Tourism, Brazil
- Dácio Pretoni, Consultant, National Confederation of Fair Services, Brazil
- Marcello Alexandre, Secretary, International Relationship Secretary, Sao Bernardo do Campo,Brazil
- Uta Schwietzer, Director of Brazil-China Chamber, Brazil
- Tommy Wong, President, Global Sources Exhibitions, Global Sources
The China Sourcing Fairs in Brazil are managed by Milton Exhibits under license from Global Sources. For more information please visit http://www.chinasourcingfair.com/brazil (in English) andhttp://www.chinasourcingfair.com/brasil (in Portuguese).
For more information about Global Sources, please visit our corporate site (http://www.corporate.globalsources.com). You can also view our latest developments on Facebook and Twitter (/globalsources).
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade withGreater 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 withinGreater 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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