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Path:  Corporate Home >> Press Releases >> Trade Shows and Events >> March 3, 2011
Global Sources forms cooperative joint venture to launch
Global Sourcing Fair: Sports & Leisure in Xiamen
XIAMEN, China, March 3, 2011 – Global Sources (NASDAQ: GSOL) has formed a cooperative joint venture with C&D Tourism and Hotels Inc., a subsidiary of Xiamen C&D Corporation Ltd., one of China's Top 500 corporations, to launch the Global Sourcing Fair: Sports & Leisure in Xiamen, China. Focused on connecting Global Sources' suppliers with top domestic and international buyers, the first event will be held Nov. 16 -18, 2011.

Global Sources' Deputy CEO, Spenser Au, said: "As more Chinese engage in outdoor activities, the sports market is rapidly growing with a compound annual growth rate of 25 percent in past few years. This is a trend we expect to continue as individual incomes rise and Chinese have more disposable income to spend on leisure activities, and are demanding better quality products. To help suppliers seizing the huge growth potential, Global Sources plans to make Global Sourcing Fair series the premier events for finding quality sources for domestic China and international market."

Global Sourcing Fair: Sports & Leisure is expected to offer 1,000 booths with product pavilions for sports and leisure wear; fitness equipment and accessories; outdoor sports equipment; water sports equipment; golf equipment & parts; bicycle sports equipment and functional fabrics.

Chairman of Xiamen C&D Tourism and Hotels Inc., Chen Fei, said: "We are proud to partner with Global Sources to support China's domestic sports and leisure industry. This is a win-win for us and China, where many quality manufacturers are working to develop their own brands for the local market.

"Global Sources trade shows have a strong reputation for delivering quality buyers and suppliers. We are confident that this event will become a showcase for China's established and growing sports and leisure product suppliers."

Director General for Xiamen Bureau of Commerce, Xiong Yanliang, said: "Fujian is the largest sports and leisure products manufacturing hub in China with 70 percent of manufacturers located here and in nearby cities such as Quanzhou, Putian and Zhangzhou. Already, the industry contributes over US$7 billion in annual revenue to the region. This event will help China's suppliers to grow their domestic and international business and build Xiamen's trade show industry. It will also consolidate Xiamen's position as the center of the conference and exhibition industry in southeast coast of China.

"We are delighted Global Sources and C&D have selected Xiamen as the location for this event. Global Sources is a respected B2B media company while C&D is one of Xiamen's leading conference and exhibition service providers. Their involvement will help to attract the highest quality buyers and suppliers to participate."

More information about Global Sourcing Fair, please visit http://tradeshow.globalsources.com/TRADESHOW/GLOBAL-SOURCING-FAIR/INDEX.HTM .

About Xiamen C&D Tourism and Hotels Incorporation

Xiamen C&D Tourism and Hotels Incorporation occupies a leading position in Fujian Province's tourism industry. It has ranked among China Top 20 Tourism Groups. The Xiamen C&D International Travel Service Co., Ltd. is a holding company of the group, which ranks China Top 100 International Travel Agencies, and has the most comprehensive strength of conference-exhibition and tourism service in Fujian Province.

Xiamen C&D Tourism and Hotels Incorporation is a holding company of Xiamen C&D Corporation Limited. Xiamen C&D Corporation Limited was set up in December 1980, and with thirty years of continuous innovation and reform, it has now developed into a large-scale industry & investment enterprise group in Fujian Province with a registered capital of RMB3.2 billion Yuan, a total asset of over RMB 45 billion Yuan, and an annual operation revenue of over RMB65 billion Yuan. With a major business covering fields such as supply chain operations, real estate development, tourism & hotels and conference & exhibition, C&D Corporation Limited was ranked as the 147th in China Top 500 Enterprises, the 53rd of China Top 500 Service Enterprises in 2010, and has been ranking as the first of the Top 100 Enterprise Groups in Fujian Province consecutively for several years.

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