Center

Trade fair shows increasing promise

By Zheng Lifei (China Daily)
Updated: 2007-01-31 09:30

CMP is also considering further forays into fairs based on industry sectors "to serve as platforms where buyers and sellers can meet", he said.

It already hosts fairs in consumer goods, furniture, jewelry and accessories.

Due to a growing economy and flourishing foreign trade, China's exhibition industry has boomed in recent years.

More than 3,800 trade fairs were held in the country last year, compared to 1,000 in 1997, according to an annual report on China's exhibition industry compiled by the China Council for the Promotion of International Trade.

The industry, which is projected to grow an average 20 percent annually, chalked up 14 billion yuan in revenue last year, the report said.

Sutton declined to elaborate on his company's finances, but claimed they are "commercially successful and growing at a rate that is commensurate with China's economy".