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Published on : Wednesday, December 21, 2016
The inaugural HKTDC Lifestyle Expo in New Delhi welcomed more than 2,000 trade buyers during its two-day run on 19 and 20 December 2016, as 120 Hong Kong and mainland companies showcased a range of trendy, high-quality products, reaffirming Hong Kong’s position as Asia’s lifestyle trendsetter and “super-connector” in business.
Jointly organised by the Hong Kong Trade Development Council (HKTDC) and the Trade Development Bureau (TDB) of the Ministry of Commerce of the People’s Republic of China, the expo took place at The Lalit New Delhi.
Apart from bringing a slice of Hong Kong lifestyle to India, the event also helped develop stronger bilateral trade relations between India and the Chinese mainland.
The Opening Ceremony was officiated by LC Goyal, Chairman and Managing Director, India Trade Promotion Orgnisation, Stephen Liang, Assistant Executive Director, HKTDC, Jin Hong, Deputy Director-General, Trade Development Bureau, Ministry of Commerce, The People’s Republic of China, and Li Bai Jun, Commercial Counsellor, Economic Counsellor’s office of the Embassy of the People’s Republic of China in the Republic of India.
Bridging India and China
“We have very big hopes for the future of trade links between India and China, with Hong Kong serving as a ‘super-connector’ between two of the world’s most populous and fastest-growing large economies,” said Mr Liang.
“India and China are two of the fastest-growing large economies on earth, with the IMF (International Monetary Fund) predicting GDP growth of 7.6 per cent and 6.2 per cent respectively in 2017. Together, they have a combined population of some 2.7 billion potential consumers,” he added.
Individual buyers and buying missions came from New Delhi and other cities and regions including Mumbai, Chandigarh, Gujarat, Haryana, Jharkhand, Maharashtra and Punjab.
At the Lifestyle Expo, the exhibitors paraded a variety of modern, high-calibre products including consumer electronics and ICT, gifts and premium, household products and electrical appliances, fashion and accessories and watches and clocks. The expo also featured trade-related services.
These attracted buyers from different sectors, including importers, distributors, mass retailers, mail-order houses, department stores and specialised stores.
The HKTDC arranged more than 1,600 one-to-one business matching meetings and various networking events during the expo to further connect Hong Kong and Chinese mainland suppliers with buyers.
A brand new “Live Chat” service was offered at the Thematic Showcase Display zone, where staff connected buyers to off-site exhibitors via WhatsApp for real-time discussion of potential deals.