Canton Fair: Multinationals Sourcing Service For International Corporate Buyers

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1st September 2010, 05:52pm - Views: 829





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MEDIA RELEASE PR41055


Canton Fair: Multinationals Sourcing Service for International Corporate Buyers


GUANGZHOU, China, Sep. 1 /PRNewswire-Asia-AsiaNet/ --


    Canton Fair's Multinationals Sourcing Service (hereinafter referred to as MSS) offers an exclusive sourcing

platform for big international buyers. For the last session of Canton Fair, there were 11 multinational sourcing

enterprises that were invited to participate in the Fair for directional sourcing, e.g. Auchan (France), PPR Group

(France), ARC International (France), Central Purchasing, Inc. (US), AITCO International (US), Lifetime Brands,

Inc. (US), Onninen (Finland), Mitre 10 (New Zealand), AIDA (Denmark), Kohnan Shoji Co., Ltd. (Japan) and Trial

Company Inc. (Japan). Through the development in the previous 14 sessions, MSS has been praised consistently

by the sourcing enterprises by means of quality service, individualized sourcing concept and wonderful organization

and operations. 


    Through various channels such as its official website, Canton Fair News, brochures and leaflets as well as other

news media, Canton Fair concentrates on promoting enterprise image and procuring information of buyers, building

a convenient purchasing platform for buyers, and providing buyers with services such as badge pre-registration,

purchasing platform, publicity and conferences, etc.


    By participating in MSS, buyers may not only entertain their clients in a comfortable negotiation environment, but

also offer convenience for new suppliers to conduct face-to-face negotiations, thereby helping buyers expand

information channels and improving on-site procuring efficiency. In addition, through Canton Fair and its MSS

platform, buyers may also rapidly promote their company image and improve their reputation and influence in the

industry.


    With the gradual recovery from the global financial crisis, various buyers have significantly raised their procuring

desire with increasing procuring amount, and some have even placed orders with their suppliers for cooperation on

the site. 


    As well, according to the MSS survey report of the Fair, more than 60% of respondents indicated that they were

affected by the global financial crisis. The interviewed sourcing enterprises indicated that multinationals sourcing

was of great importance. They considered that "Multinationals Sourcing Service helps to expand sourcing channels

and find out cost-efficient commodities;" over 50% of respondents said that number of buyers that they sent to the

Fair was on the rise. All respondents indicated that they maintained follow-up communications with suppliers.


    SOURCE:  China Foreign Trade Centre









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