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China Sourcing Fair: Suppliers meet buyers in Hong Kong

Blog - Technology News
Saturday, 12 April 2008
Hong Kong: China Sourcing Fair
Hong Kong: China Sourcing Fair
Starting from today Saturday, this year's first China Sourcing Fair is opening its doors in the venues of the AsiaWorld-Expo, next to the Hong Kong International Airport.

Organized by GlobalSources, this fair is visited by an increasing number of international buyers who attend in order to source suitable factories and contract manufacturers to supply their products. We're expecting a busy week with guests and visitors from abroad, and we also see more and more suppliers from Mainland China starting to attend this exhibition.

The "Electronics & Components" is the part of the exhibition we're interested in: here we will find many Chinese USB flash drive suppliers, who among many other Mainland China suppliers and manufacturers of consumer electronics and digital entertainment suppliers will be present with their own exhibition booth and small teams to gather business cards and hand out their company brochures and product catalogs. Expect also a rich variety of new products and much attention from sales staff in hunt of new business leads.

We in the USB flash drive industry certainly do have a natural advantage when it comes to transport and display samples: with only a couple of small boxes it possible to equip a booth with rich samples material and variety. As a visitor you will quickly realize that while the marketing material used by the suppliers exhibiting might significantly differ in quality and appearance, and it's not difficult to isolate the core customized USB flash drive suppliers present, most of whom seem to have some very similar product lines of promotional USB gifts and flash drives. In fact it might sometimes be difficult to spot the USB flash drives among various other USB articles, promotional gifts, electronics and digital gadgets.

The real difficulty in this game is of course that a couple of square-meters, some samples and a quick exchange of business cards is not even scratching at the surface of the supplier's real situation:

In-depth assessment and due diligence can only be achieved after having gained first-hand experience of the strengths and weaknesses of each of the suppliers by being able to look back upon business relationships with a rich order history. Only when you can look back at the history of continuous partnerships, cooperations and after having processed large amount of orders then you start to understand the dynamics of the industry and the rules of its players.

The China Sourcing Fair is certainly gaining momentum and is starting to build up a considerable position also compared to the Canton Fair, which is hold twice a year in Guangzhou. Being an international event staged also in Dubai and India, the China Sourcing Fair appeals to a wide audience of buyers and traders also from the Middle-East and India. Trade companies, import-export firms and distributors of promotional articles from Pakistan make strong players in the worldwide electronics trade for many interesting emerging markets, while having a traditionally strong foundation also here in Hong Kong, and we are looking forward to further improve our existing business relationships with key distributors on these emerging markets.

Some of our customers use this event also to schedule meetings with MemoTrek. For wholesale clients and customers we offer factory inspection tours to the main USB flash drive suppliers and manufacturers in Shenzhen and Guangdong. Wholesale buyers with high volume orders will sometimes decide to sub-contract the entire consignment to either one supplier, or - more commonly for the bulk volumes, to split up the batches to either several different suppliers or to add a spin-off supplier by setting up dedicated production lines directly sub-contracted from the main supplier. Our experienced multi-lingual purchase team located in the heart of Shenzhen's electronics market Saige near Huaqiang Bei takes care of the scheduling, transfers and negotiations.

Note that in order for us to be able serve visiting buyers with the care they need and to arrange for meetings and USB flash factory tours it is necessary to schedule in advance, even more in times of exhibitions or fairs.

For more information on USB flash drives suppliers contact our Sales Team

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