Hong Kong, 10th May: Last month, the Hong Kong Trade Development Council (HKTDC) held seven fairs, which attracted more than 225,000 buyers from 165 countries and regions. About 58% (or 130,000) of those were from outside Hong Kong – with Mainland China representing the largest number of buyers.
The HKTDC’s seven fairs were: Hong Kong International Lighting Fair (Spring Edition), Hong Kong Electronics Fair (Spring Edition), International ICT Expo, Hong Kong Houseware Fair, Hong Kong International Home Textiles and Furnishings Fair, Hong Kong Gifts & Premium Fair, organised solely by the HKTDC, while the Hong Kong International Printing & Packaging Fair was jointly organised by the HKTDC and CIEC Exhibition Company (HK) Limited.
According to the HKTDC, buyers from Mainland China were up by 9% and Japan grew about 15%. Attendance from some Belt and Road countries saw strong growth as well. According to the Hong Kong Tourism Board (HKTB), per capita spending of overnight MICE visitors amounted to HK$7,700 (US$990), which resulted in HK$1.14 billion (US$146 million) in business travel income at the seven fairs.
HKTDC Deputy Executive Director Benjamin Chau stated, “From the buyers’ profiles, we can see that many companies from Belt and Road countries have already established close trade ties with Hong Kong. They view Hong Kong as a springboard to connect to the world. This proves that Hong Kong has a unique role to play in promoting the Belt and Road Initiative.”
Source: HKTDC press release