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TDC launches e-sourcing service online

(From left to right) TDC's Executive Director, Mr Fred Lam, HKSAR Acting Financial Secretary, Mr Frederick Ma and Chairman of TDC's Electronics/ Electrical Appliances Industry Advisory Committee, Mr Allan Wong officiated at the launching ceremony of tdctrade.com sourcing.
TDC's Head of Publications and E-Commerce, Ms Clare Wong introduced the enhanced functions of tdctrade.com sourcing, with a more user-friendly interface, accurate and efficient search engine.
The Hong Kong Trade Development Council (TDC) launched an enhanced e-sourcing service on the Internet today (October 13, 2005).

tdctrade.com sourcing (url:http://sourcing.tdctrade.com) is an enhanced version of TDC's online sourcing service. It enables Hong Kong companies and their potential trading partners around the world to align their business with the rapid development of e-commerce.

TDC's Head of Publications and E-Commerce Clare Wong said: "Competition is tougher as a result of the globalisation of suppliers and markets. Suppliers and buyers are looking for new and cost-effective channels to expand their reach. E-commerce is a preferred solution."

According to global research agency, IDC's latest forecast from the ICMM update, version 10.1 (October 2005), B2B e-commerce revenue in Asia Pacific excluding Japan is expected to grow from US$126 billion in 2003 to US$933 billion in 2008, recording a seven-fold jump in 5 years' time. IDC points out that much of this growth is the result of businesses moving online.

In addition to its English interface, tdctrade.com sourcing also provides a Simplified Chinese edition which assists buyers in the mainland reaching out to the large pool of Hong Kong suppliers.

The e-sourcing service has over 100,000 suppliers from Hong Kong, the Chinese mainland and Taiwan and the databank is constantly expanding.

Currently, there are over 590,000 registered buyers on tdctrade.com sourcing, which include importers, wholesalers, mega retail chain stores and department stores, who can source products on the website free-of-charge anywhere, anytime. Half of the registered buyers come from Europe and the U.S.

Each year, buyers view more than 30 million companies' records on tdctrade.com sourcing. The enhanced service is expected to attract more users in the future as it has a more user-friendly interface, accurate and efficient search engine.

Ms Wong said: "tdctrade.com sourcing does not stand alone. It is supported by TDC's global network of over 40 offices in major business centres, and its well-established Internet portal, product magazines and trade fairs. This support network not only enables the e-sourcing platform to maintain a sustainable inflow of quality buyers and suppliers, but also provides extensive exposure of the service worldwide."

Highlights of key services :

  • Advertising page: Each advertiser of tdctrade.com sourcing will have a well-designed page that shows company information and product photos. The page is also equipped with an online product enquiry function.
  • Email newsletters: The latest product information will be sent to buyers with specific needs via email.
  • Free worldwide exposure: Advertisers will be offered free advertising space on tdctrade.com sourcing's printed "Product Showcase". This printed advertising brochure will be distributed to buyers at relevant trade fairs in the world and mailed to buyers direct as inserts into TDC's 14 Product Magazines, which has a circulation of over 2 million copies worldwide.
  • Trade Fairs to draw new buyers: TDC promotes tdctrade.com sourcing proactively and attracts buyers to register as members at its some 30 international trade fairs in Hong Kong and over 200 trade fairs around the world.
  • Value-added services include Online Advertising Video Clips, Express Enquiry Service and New Product Email Alert, all of which enhance promotion impact and simplify buyers' sourcing procedure.

tdctrade.com sourcing is a core service of the TDC's trade portal - tdctrade.com. The portal now has 9.5 million hits a day and users from over 200 countries and regions. It has been voted by the users as "the best in the region" among 12 trade promotion websites in an ACNielson (China) survey released in 2003.


For press enquiries, please contact Katherine Chan of TDC's Corporate Communications Department at 2584 4537.

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Content provided by Hong Kong Trade Development Council