LAS VEGAS
International Edition Connecting the US and China Markets with the World w w w . C h i n e s e B i z N e w s . com
July 31 - Aug 3,2011 二○一一年七月三十一日至八月三日
China Brand Show 2011 Opens in Las Vegas
Do not miss the biggest annual opportunity to do business with select famous brands
Chinese go abroad for bargains
T h e y u a n a p p r e c ia t e d by 20 percent against the US dollar since China announced that it would no longer be pegged to the US dollar in July 2005. As the currency becomes more v a l u a bl e i n ove r s e a s m a r ke t s , Chinese travelers and students can buy more foreign goods for the same price. A not her factor f uel i ng h ig hspending outbound tourism is the growing awareness that China's high tariffs on imported luxury goods make the prices in overseas markets far more attractive. "Combined with domestic consumption and added-value taxes, overseas tax reimbursement and other tolls, the prices of luxury products sold on the Chinese mainland are at least 30 percent higher than in overseas markets," said Liang Da, an economist with the National Bureau of Statistics. According to a su r vey by the World Luxury Association, Chinese consumers spent four times more on luxury goods in overseas markets than in the domestic market last year, due primarily to the large price differentials between luxury goods sold in China and abroad. In order to spur domestic consumption and increase revenues from sales at home, China needs to further lower tariffs on imports of high-end products, including luxury
goods, say observers. On the whole, the current unequal consumption pattern will continue until the world economic landscape undergoes fundamental changes. Developed cou nt r ies are still in a dominant position in brand positioning, marketing and technology innovation, as well as in the environ mentally f r iendly design business. All these factors are attractive to Chinese consumers. Building China's global brands w i l l b e a l o n g - t e r m s t r a t e g y. Although China has surpassed Japan as the world's second largest economy and is dubbed the world's factory, it is still a developing country with few homegrown globally recognized brands. Nonetheless, a nu mber of ambitious Chinese entrepreneurs are stepping up effor ts to build homegrown brands in the face of a rapid expansion of foreign timehonored brands in China. By the time Chinese enterprises have developed their own credible brands and the country's dome st ic con su mpt ion p ol icie s and environment have reached or approached the levels in developed countries, it is believed by many that most domestic consumers will not feel the same urge to travel far to buy their favorite brands and will look to what lies close at hand. Source: China Daily
Profile picture of the Opening Ceremony of China Brand Show 2010 Juan Yanez Carrera Reporting from Las Vegas Want to see the massive China Br a nd s c a m p a ig n i n t h e USA? T hen ma ke su re to at tend ASD Las Vegas in August! The CHINA BRAND SHOW is being held from July 31 to August 3, 2011 for its fifth year in conjunction with ASD Show in the central hall of the Las Vegas Convention Center. Sponsored by the Ministr y of Commerce of China (MOFCOM), T he CH I NA BR A N D SHOW is now going on its ninth year in the USA. It provides a big stage for Chinese enter prises to show off their qualified products in America a s wel l a s a l low i n g A m e r ic a n visitors to get and up close feel of the fast growing Chinese economy. T he C H I NA BR A N D SHOW put forth the Chinese government’s strategy of “winning by quality” into practice demonst rating the fast development of the Chinese
economy in the world. All businesses and people from around the world are encouraged to visit the CHINA BRAND SHOW! In the post-crisis era with all the difficulties and uncertainties, the world economy has been slowly recover i ng. T he US economy has emerged with growing v it alit y a nd w ill of fer more business opportunities to Chinese enter pr ises. T he appea r a nce of par ticipating enter pr ises and products in the show will not only f a c i l it a t e A m e r ic a n c u s t o m e r s t o p u r c h a s e C h i n e s e go o d s , it w i l l a l s o p r ov i d e c o o p e r a t i o n opportunities for companies of the two countries. Over the years, MOFCOM has been committed to help Chinese compa n ie s c reat e i nt e r nat ional brands and promote Chinese brands at home and abroad to improve the optimization of the expor t st r uct u re and to provide m o r e q u a l i t y p r o d u c t s fo r t h e people of all countries. The China
B r a n d Sh ow 2 011 w i l l b u i ld a cor porate image and product d isplay plat for m for ex h ibitor s and create positive conditions for gradually cultivating certain wellknown Chinese brands. T he C H I NA BR A N D SHOW boasts over 200 of China’s most famous name brands displaying the latest and best in electronic, textile and various other consumer it e m s. C u r r e nt ex h ibit or s w it h booths displaying products at the exhibition are as follows: Electronics Small Home and Kitchen Electrical Appliances and more. Consumer Products Jewelr y and Fashion Accessor ies, St at ioner y, Of f ice Supplies, Spor ts Products, Fu r n it u re, Hou sehold A r t icle s, G i f t s , Toy s , Hol id ay/S e a s o n a l
Goods, Handicrafts, Home Decorat ion and Accessor ies, P o r c e l a i n Wa r e , C e r a m i c s , Sanitary Ware, Massage Bathtub, Kitchenware, Lamps and Lights, Clocks, Luggage & Bags, Shoes, Baby P roduct s, Cosmet ics, Pet Products, Packaging Supplies and more. Others To ol s a n d H a r d w a r e , E n g i n e e r i n g M a ch i n e r y Pa r t s , Textiles and more. Exhibition Hours: 9:00 a.m. to 6:00 p.m. Sponsors: The Ministry of Commerce of P. R. China (MOFCOM) Fujian Provincial Government Zhejiang Provincial Government Organizer: Genertec International Advertising & Exhibition Co., Ltd.
An USA pavilion is set up in the 110th Session of the Canton Fair The 110th session of the Canton Fair will be held in October, 2011 i n G u a ng z hou Cit y, C h i n a . To follow the consensus reached by the leaders of the two countries to strengthen trade and economic cooper at ion bet ween Ch i nese provinces and the US states, and expand China’s impor t from the US, China’s Ministry of Commerce decided to set up a USA Pavilion in the International Pavilion of the 110th Session of the China Import and Export Fair (a.k.a. the Canton Fair) Phase One, from October 15th – 19th, 2011. T he Pavilion will offer a platform for US businesses to exhibit their products. Official delegations from the US states and cities will also be invited.
The Chinese Gover n ment war mly welcomes all interested parties to attend the 110th session of the Canton Fair and pay a visit to the USA pavilion. The Fall Canton Fair 2011 is the 110th session of the China Import and Export Fair. The Canton Fair is China's largest trade fair and will be held in Guangzhou on October 15 t o N o v e m b e r 4 , 2 011. T h e Pazhou ex hibition halls will be used alternately during the whole fair. The Canton Fair as a biannual even , now r a n k s a s t he world's third largest in terms of scale. Source: Economic and Commercial Office of the Chinese Consulate General in San Francisco
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