28 April 2007
Twin Hong Kong Fairs Open at AsiaWorld-Expo
Auto Parts and Printing and Packaging Industries Shine
|Mr Andrew Leung (left), Honorary President, Federation of Hong Kong Industries and council member of the TDC, together with Mr Fred Lam (right), Executive Director of the TDC, officiated at today's joint opening ceremony of the Hong Kong International Auto Parts Fair and the Hong Kong International Printing and Packaging Fair.|
|Checking out the new wheels at the International Auto Parts Fair are Mr Fred Lam (far right), Executive Director of the TDC, and Mr Andrew Leung (second to right), Honorary President, Federation of Hong Kong Industries and council member of the TDC.|
|Rapt with attention are Printing and Packaging Fair enthusiasts (right to left): Mr Andrew Leung, Honorary President, Federation of Hong Kong Industries and council member of the TDC, Mr Fred Lam, Executive Director of the TDC, and Mr Benjamin Chau, Assistant Executive Director of the TDC.|
April 28, 2007 - The Hong Kong International Auto Parts and the Hong Kong International Printing and Packaging Fairs opened today and continue through May 1 at AsiaWorld-Expo.
Debuting last year, the Auto Parts Fair this year has attracted 263 exhibitors from 15 countries and regions, up four per cent over last year, while the Printing and Packaging Fair features 346 exhibitors from seven countries and regions. That's up 16 per cent over the previous year.
The outlook for the Hong Kong's auto parts and printing and packaging industries is promising, thanks to the continuing growth of the Chinese mainland's economy.
"Last year, the mainland surged past Japan to become the world's No. 2 vehicle market after the United States," said Mr Andrew Leung, Honorary President, Federation of Hong Kong Industries and Council Member of the Hong Kong Trade Development Council (TDC), speaking at the joint opening ceremony. "Its automobile output accounts for about eight per cent of the world's total," he added.
With its proximity to the mainland and the implementation of the Closer Economic Partnership Arrangement, Hong Kong is in a prime position to capture the mainland's booming auto parts industry. "Exports in this relatively new industry reached US$1.56 billion last year. The mainland, our largest market, took one quarter of that total," said Mr Fred Lam, Executive Director of the TDC. Mr Lam also officiated at the opening ceremony.
In 2006, Hong Kong's exports of auto parts and accessories to the mainland grew to US$362 million, up nearly 18 per cent over the previous year.
Printing is Hong Kong's largest manufacturing industry in terms of companies. "Hong Kong is one of the world's largest printing centres, along with the United States, Germany, and Japan," said Mr Lam, attributing Hong Kong's success to the industry's reputation for quality products, flexibility and efficiency.
Hong Kong's exports of printing and packaging materials reached US$5.48 billion in 2006, a seven per cent increase over the previous year.
"The Beijing Olympics, which should boost the tourism and gift and premium industries should, in turn, help the auto parts and printing and packaging industries," said Mr Leung.
The TDC has organised 45 buying missions, including more than 800 companies and 1,100 VIPs, for the Auto Parts Fair, along with 48 buying missions and more than 1,500 companies and 2,000 VIPs for the Printing and Packaging Fair.
The Auto Parts Fair features group pavilions hosted by Taiwan and three major automobile centres in the Chinese mainland - Changchun, Fujian, and Zhejiang. Riding on last year's success, the Techno Zone presents the latest technological developments. It's joined by two new areas, the Motorcycle Zone and the Accessories and Specialty Equipment Zone.
Running concurrently with the Auto Parts Fair, the Printing and Packaging Fair spotlights four new theme zones: the Digital Printing and Office Automation Equipment Pavilion; the Integrated Pre-press Service Square; the Sign and Display Pavilion; and the Used Machinery Square.
Topical industry information and new business ideas are presented in a series of conferences, seminars and open forum sessions, ranging from green manufacturing to the latest market trends and developments.
The 2007 International Conference for the Asia-Pacific Automotive Industry, a two-day event covering a variety of industry topics, also takes place during the Auto Parts Fair.
The Auto Parts Fair is jointly organised by the TDC, the Hong Kong Electronic Industries Association Ltd and Paper Communication Exhibition Services, and co-organised by the Hong Kong Auto Parts Industry Association and the Society of Automotive Engineers - Hong Kong Section.
The Printing and Packaging Fair is organised by the TDC in conjunction with the CIEC Exhibition Company (HK) Ltd. The Hong Kong Printers Association and the Graphic Arts Association of Hong Kong co-organised the fair.
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Established in 1966, the Hong Kong Trade Development Council (TDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 offices worldwide, including 11 in the Chinese mainland, the TDC promotes Hong Kong as a platform for doing business with China and Asia. The TDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and the mainland, while providing information via trade publications, research reports and online. For more information, visit www.tdctrade.com
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