The Kunming International Import and Export Commodities Fair ended on Sunday with its biggest turnout ever. During the fair's five days more than 162 companies showcased their products for Chinese and international buyers with more than US$158.5 million in completed deals, according to
Kunming media reports. Additionally, the total reported value of contracts and agreements signed at the event exceeded 68.1 billion yuan (US$8.9 billion).
The total value of exported products from this year's fair was roughly twice that of imports. Total value of exported goods at the fair was estimated US$106.5 million, a 10.3 percent increase over last year's fair. Imported good sales jumped 103.7 percent over the 2006 fair, totaling US$52 million.
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Kunming Import and Export Commodities Fair
The opening ceremonies of the 15th annual
Kunming Import and Export Commodities Fair began yesterday morning at nine o'clock with a thundering performance by one hundred drummers. Paper dragons, men on stilts and a marching band in military dress added to the carnival atmosphere. However, it didn't take long before people got down to business.
The Fair, which will last until Sunday, is divided into six pavilions, each focusing on different categories of commodities. The electronics and machinery pavilion, for instance, brings together laser wood drills, hot plates and ice cream machines.
The Fair offers many examples of how diversified a growing number of Chinese businesses are becoming as the average consumer's disposable income continues to grow. There are telescopes, collapsible fishing rods, toy helicopters, a portable garage, tangerine tea, and model ships.
In the International Pavillion, behind the Senegalese woodcarvings and Russian vodka, Katrina Tehan is promoting investment in her hometown of Echuca, located in Victoria, Australia.
"We've opened so many doors for business. We're meeting so many people we could hardly imagine meeting before," Tehan said. "We'll have to have more people next year and continue to profile our products."
A one-entry ticket into the fair is 30 yuan. The fair is open from 9am to 5pm until June 10th. The fair is at the Kunming International Convention and Exhibition Center (昆明国际会展中心) on Chuncheng Lu (春城路) on the way out to the airport.
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business,
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Kunming Import and Export Commodities Fair
Kunming will host the 15th annual
Kunming Import and Export Commodities Fair (昆交会) this June 6th-10th. The event, to be held downtown at the Kunming International Convention and Exhibition Center, is one of Asia's biggest trade fairs and attracts over 5,000 foreign buyers from 40 countries each year.
This year thousands of international and domestic businesses have registered to set up exhibits hoping to attract investors and develop cross-border trading contacts.
Sponsored by regional and municipal governments throughout southwest China, the 2007 Kunming Fair features seven pavilions focusing on commodities ranging from electronics and machinery to industrial and textile products. A service trade exhibition area will also debut this year.
The Hump International Volunteers are still recruiting foreign volunteers to help greet, offer general assistance and translate for visiting international companies. Volunteers who are able to speak any non-Chinese language will be dispatched throughout the fair on a need basis. Though some Chinese speaking ability is preferable, it's not required.
The ever-growing international presence at the Kunming Fair prompted organizers to develop new strategies for welcoming foreign companies.
"This is the first time in the Fair's history that volunteers from around the world are helping out," said Jian Nei, director of volunteers.
After a short briefing, volunteers will also be able to offer tour packages to visitors looking to go sightseeing after the Fair. For any tour packages that volunteers sell, they'll receive a commission, Jian said.
In addition to this commission and the possibility of making international business contacts, all volunteers will be receive a free daytrip outside of Kunming, a certificate of appreciation, a free t-shirt and free beer provided by The Hump Guesthouse.
For more information on volunteering for the Fair call Ms Xu (Chinese and English) at 13099905364.
Tags:
business,
Kunming Import and Export Commodities Fair