Global sourcing fair to open in city
28/7/2003 15:12
The 2003 International Sourcing Conference Shanghai will be held in
the ShanghaiMart tomorrow, with preparations well under way.
It will be the
first large-size international procurement fair staged around the nation after
the end of SARS.
A total of 88 overseas purchasers and more than 3,500
domestic suppliers had signed up for the fair by 2 p.m. yesterday, with more
than 40 percent of overseas purchasers world's top 500 enterprises.
Shanghai
succeeded in holding the first multinational procurement fair in September last
year, with 56 overseas purchasers reaching agreements with more than 2,000
domestic vendors.
The 8,200-square-meter fair site this year, made up of two
exhibition areas displaying consumer goods and industrial goods will provide a
high-efficient and low-cost trading platform for multinational purchasers and
domestic vendors.
The 88 multinational purchasers have released their
procurement lists on www.sourcingcn.com, including Wal-Mart Stores Inc, General
Electric, Unilever, Metro and Motorola.
Ford, Best Buy, and Sears will join
the fair for the first time, together with nine multinational procurement
service institutes and two foreign-invested industry associations.
More than
3,500 domestic vendors came from Shanghai, Zhejiang, Jiangsu, Hunan, Shandong,
Guangdong, Fujian Province, Beijing and Ningbo.
The exhibition booths this
year will be established by multinational purchasers instead of domestic vendors
previously, with 5,000 business-invitation books and 5,000 emails sent to date.
Wendy Zhang/ Shanghai Daily news
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