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2012 foreign trade factory exhibition held

As an important part of the International Consumer Goods Fair, the spring exhibition of 2012 foreign trade factory exhibition was held at Ningbo International Convention and Exhibition Center. Information showed that the exhibition attracted over 600 exhibiting companies, with more than 900 booths set up. In a short period of three days, the trading turnover exceeded 100 million yuan.
It is understood that the first foreign trade factory exhibition was put on in December 2008 and this is the fifth one ever. Despite the overall slump in foreign trade, the exhibition has yielded positive results. Among all exhibitors, enterprises from Jiangsu, Zhejiang and Shanghai enterprises accounted for 75% and those of other East China region accounted for 25 percent. There was a salient feature of the agglomeration effect of Zhejiang enterprises. For example the Chuangwei Ribbon Company of Yiwu, one of the exhibitors, said their customers include the world-famous brands of Disneyland, Wal-Mart, Siemens, Coca-Cola, Sony, Samsung and their products go to Germany, Spain, United States, Japan, South Korea, Italy and other countries. Many of the orders were got from the Exhibition.Sources also say that by the end of this year Ningbo International Convention and Exhibition Center will have a Imports Trading Center set up at Hall 9, which will have an area of 25,000 m2. There will be a perennial exhibition of imported and declared products, such as cars, instruments, appliances, beverages, daily necessities, alcohol, food, and digital products, totaling some 1000 varieties.

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