The Guangdong and Macao Branded Products Fair 2010, co-hosted by the Macao Trade and Investment Promotion Institute and the Department of Foreign Trade and Economic Cooperation of Guangdong Province, concluded today (25 July) with a recorded admission of 98,000 visitors (as at 3:30 pm 25 July) and a retail turnover of MOP 36 million. During the four-day Fair, 14 seminars and product presentations were conducted, 617 business matching sessions completed, 10 cooperation agreements signed.
Ten agreements inked
At the 2010 Fair, ten cooperation projects have been signed, including one agreement, seven sales intentions, one contract and one memorandum of understanding. The majority of the signatories came from Macao, and cities from the Guangdong Province (including Guangzhou, Zhongshan, Huizhou, Zhuhai, Meizhou) and Hong Kong. Among the agreements are: Strengthening the Comprehensive Strategic Cooperation Agreement between Macao Trade and Investment Promotion Institute and the Bureau of Foreign Trade and Economic Cooperation of Guangzhou Municipality, and the Memorandum of Understanding on Jointly Promote Overseas Investment and Trade, Strengthen Trade Service Platform and Foster Convention and Exhibition Cooperation between Macao Trade and Investment Promotion Institute and the Zhongshan Bureau of Foreign Trade and Economic Cooperation. Other cooperation projects cover the trades of accessories and spare parts for motor-cycles and bicycles, sales of farm produce, food and beverages industry, sales of foodstuffs. Significant increase in business matching and negotiations over the previous edition
Prior to the beginning of the Fair, nearly 200 branded products of Guangdong and Macao for business matching were received by the Organisers. Hence, 398 business matching sessions, showing a 64.5% growth over last year’s 589 sessions, were arranged during the Fair. 69 (11.2%) out of the total number of business matching sessions were for Macao enterprises, translating a 10% growth vis-à-vis last year. 111 (18%) sessions were among Guangdong enterprises, compared to 8% growth over the previous year. 39 or 6% were sessions for Guangdong and Macao enterprises to match businesses with foreign enterprises, representing 22% more than that of last year. Enterprises participating at these sessions are from Macao, Guangdong Province (including Guangzhou, Shenzhen, Zhuhai, Shantou, Foshan, Shaoguan, Heyuan, Meizhou, Huizhou, Shanwei, Dongguan, Zhongshan, Jiangmen) and Hong Kong. Items for purchase negotiations include consumer products, foodstuffs, daily necessities, electronic products, and clothings. Seminars and Presentations introduce products technology
On the first day of the 2010 Fair, the Services industry and Trade in Services Forum saw the exchange of ideas and in-depth discussions over the topic of trade and economic cooperation in services industry of Guangdong and Macao by representatives from the Department of Foreign Trade and Economic Cooperation of Guangdong Province and those from the business associations and enterprises of Macao. The four-day event hosted 14 seminars and presentations over themes such as beverages, tea tasting, green household utensils, healthcare and cosmetics. Stronger promotion responded with more sales and purchases
With the experience gained from last year’s Fair, the Organisers have issued more guidelines to encourage more quality merchandise for the 2010 Fair. To cope with the promotion of the Asian Games in Guangzhou, a designated booth for the Asian Games souvenirs display and sales was set up on site, winning much popularity from visitors. Promotions were rolled out in all forms before the Fair for more publicity. As at 3:30pm today, admission reaches a cumulative total of 98,000 for the four-day event. The increased crowd stimulated the on site sales turnover to MOP 36 million. Some exhibitors found items short of the scaled up demand. The carnival-style Fair and more access to the Fair appeal to residents
Cultural shows and performances were held recurringly throughout the Fair at the Macau Fisherman’s Wharf Convention and Exhibition Centre to draw in more residents and tourists. Performances from Macao, Hong Kong and Guangdong were invited to stage their programmes on dancing, magic shows, music, etc. Shuttle buses were arranged to bring residents to and from the venue while 3 hours complimentary parking lots were available to driving visitors. There will be 132 winners for the prizes of the lucky draw and 5 winners for the grand prizes. Results of the lucky draw for the 2010 Fair will be published at the Macao Daily News on 27 July 2010 and on the official website of the Fair at http://www.guangdongmacaofair.com . Five winners were awarded the prizes of the Grand lucky draw whereas 132 winners for other prizes of the draw. The Fair is vital to the deepening of the cooperation between Guangdong province and Macao
The Guangdong and Macao Branded Products Fair 2010 is co-hosted by the Macau Trade and Investment Promotion Institute and the Department of Foreign Trade and Economic Cooperation of Guangdong Province, and coordinated by the Macau Fair & Trade Association. To complement the efforts of the governments of Guangdong and Macao SAR on the Outline of the Plan for the Reform and Development of the Pearl River Delta Region and the subsequent Strengthening the Comprehensive Strategic Cooperation Agreement between Guangdong and Macao signed in March last year, the 2010 Fair, following the footsteps of the 2009 edition of the event by the Macao Trade and Investment Promotion Institute and the Department of Foreign Trade and Economic Cooperation of Guangdong Province, comes again as an important platform jointly fostered by Guangdong province and Macao. The 2010 Fair is the third occasion of its kind as a mega trade and economic activity jointly held by Guangdong province and Macao after the 2003 and 2009 Guangdong and Macao Branded Products Fair. The objectives of the Fair is to make full use of the competitive edge of Macao being a platform for conventions & exhibitions and Guangdong Province as a manufacturing base, to co-promote to the world for economic developments of Guangdong and Macao. The Fair bears significance to the deepening of trade and economic cooperation between Guangdong province and Macao. During the Fair, the Jiangmen Consultancy Office for the Bureau of Foreign Trade and Cooperation of the Jiangmen City conducted its launching ceremony. This turns Macao into full play as a business services platform and assists products of mainland China to enter the market of Macao and to a greater extent to the international market.
