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2010 Guangdong and Macao Branded Products Fair sees more joining the buying frenzy


On the third day of 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, eight seminars and product presentations were conducted, three cooperation agreements inked and 178 business matching sessions completed. Admission to the 2010 Fair on this Saturday exceeded 23,000 as at 5:30pm, reaching the highest record since the Opening. Huge crowds of enthusiastic residents populated the Fair for purchase
Admission today (24 July) to the 2010 Fair created a new record since the Opening of the Fair three days ago. More than 23,000 visitors flocked the venue as at 5:30pm on 24 July. Admission was smooth and orderly due to the well preparation of the organizer. The 2010 Fair turned out to be the best weekend activity for local residents. Families of all ages crowded the venue to enjoy the continuous running shows and performances and lucky draw. Daily shows start from 1pm to 9pm. After last year’s Fair, Macao Trade and Investment Promotion Institute had carried out an in-depth marketing survey to document the experience gained, which helps formulate the directives given to potential exhibitors this year on the kind of merchandize more suitable for Macao residents. Much sought after items include foodstuff, daily necessities, as well as audio visual aids. Booths with free tasting items were queued with long lines of customers. The organizers act as catalysts for three cooperation agreements
Three more cooperation agreements were signed today (24 July) by Jin Yue Xuan B & F Group and Macau Tak Seng F & B Management Co Ltd on a “Contract for Establishing a Restaurant in Macao’, by US MART Chain Supermarket Co Ltd and Meizhou Jia Feng Agricultural Development Co Ltd on their “Sales intention on Agency of Organic Fruits and Vegetables in Macao”, and by US MART Chain Supermarket Co Ltd and Macao Group Foodstuff Co Ltd on their ‘Sales Intention on Agency of Huizhou Branded Dried Fruits, Preserved Vegetables and Agricultural Products in Macao”. The parties entering into cooperation are from Zhuhai, Meizhou and Huizhou. They will be working together mainly on food and beverages and foodstuffs, including the opening of a hot-pot restaurant in Macao, and a Macao Agency on organic fruits and farm product. The organizer had concluded 178 business matching sessions today. Products presentations are welcomed by buyers and Macao residents
Eight presentations were arranged today covering products in the field of beverages, Chinese tea, green household utensils, healthcare products and cosmetics. They include: “Introducing Natural Health Products’ organized by Profit Trading, “Introducing Da Hong Pao Tea” organized by Cultural Club, “Coffee Product Presentation” organized by Excelente Coffee & Food Products Company Limited. As today is Saturday, the Fair is crowded with buyers and local residents, who showed much concern about the content of the presentations particularly those have close ties with their daily lives. Mega buyers turn up to explore Guangdong and Macao markets More international mega-size supermarkets joined the line up to visit the Fair today (24 July) after large scale supermarkets from mainland China and online super buying groups came in the previous two days at the Fair to get to know more about the Guangdong and Macao Branded Products. According to the representative of TESCO, one of the three largest retail chains in the world, they came to know the products of Macao from the Macao Pavilion at the 2nd Guangdong Foreign-invested Enterprises Commodities Fair held this June. They believe Macao have a great variety of quality products, which have good potentials to be sold in the mainland market and this falls in line with their goals and objectives. They were then visiting the Fair to classify the Macao products which were already under negotiations, and to conduct a field search on the Fair to collect more information about the purchase of Macao products. These mega buyers, invited by the Macao Trade and Investment Promotion Institute to come to the Fair 2010 for procurement or business negotiations, include the Guangzhou Grandbuy Co Ltd, Guangzhou Hongsheng Department Store Co Ltd which had built the famous “Hong Sheng Shopping Park”. A rich programme of activities for residents to enjoy
The 2010 Guangdong and Macao Branded Products Fair will come to an end tomorrow (Sunday 25 July). Opening hours on Sunday are: 11am to 8pm. Business matching sessions will be continued on this last day of the Fair. The Cultural shows will be on from 1pm to 8pm, whereas the lucky draw will be conducted from 7:45pm to 8pm. Winners of the lucky draw will be published on the Macao Daily News on 27 July and on the official website of the Fair at http://www.guangdongmacaofair.com As tomorrow is the last day of the Fair, exhibitors will make full use of their last chance to market their products, all residents may be able to buy the items of their choose at a good price.

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