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Sourcing fair grows as Japan quake fuels demand for auto parts
By Wang Yanlin |
August 11, 2011, Thursday
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Online Edition
Online Edition
CHINESE manufacturers are actively seeking new business against a moderating economy, and they had a good nose for opportunities, said organizers of the upcoming 2011 International Sourcing Fair.
The fair, a major event organized by the Ministry of Commerce and the Shanghai government, will take place in the ShanghaiMart from September 5 to 8.
"Many Chinese suppliers have registered to come," said an official surnamed Yu at the Shanghai Municipal Commission of Commerce. "Many of them are targeting at global buyers of auto parts. They expect new orders after Japan's March 11 earthquake shook the supply chain of car makers."
International buyers will have booths in the fair and wait for suppliers to come. The booth area booked by Japanese buyers expanded 25 percent from last year. Many are manufacturers trying to source auto parts and other components from China.
According to the organizers, more than 350 international buyers have registered to participate in this year's fair and over 6,000 suppliers are expected to come.
The fair, a major event organized by the Ministry of Commerce and the Shanghai government, will take place in the ShanghaiMart from September 5 to 8.
"Many Chinese suppliers have registered to come," said an official surnamed Yu at the Shanghai Municipal Commission of Commerce. "Many of them are targeting at global buyers of auto parts. They expect new orders after Japan's March 11 earthquake shook the supply chain of car makers."
International buyers will have booths in the fair and wait for suppliers to come. The booth area booked by Japanese buyers expanded 25 percent from last year. Many are manufacturers trying to source auto parts and other components from China.
According to the organizers, more than 350 international buyers have registered to participate in this year's fair and over 6,000 suppliers are expected to come.
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