Retail Asia 2018 RA AUG2018_Online | Page 40

REVIEW 25-26 June 2018 Hyatt Regency Dubai, Dubai, United Arab Emirates www.hktdc.com/fair/hkledubai-en Officiating guests for the sixth edition of the HKTDC Lifestyle Expo were, from left: Jin Lei, Commercial Attaché, Economic & Commercial Section, Consulate General of the People’s Republic of China in Dubai; Regina Lai, director, Product Promotion, HKTDC; Juma Al Kait, Assistant Undersecretary of Foreign Trade and Industry, Ministry of Economy, United Arab Emirates (UAE); Huang Yongguang, Deputy Division Director, The Department of Commerce of Guangdong Province; and Perry Fung, regional director (Middle East & Africa), HKTDC. Inter-regional alliance explored at Lifestyle Expo in Dubai JOINTLY organised by the Hong Kong Trade Development Council (HKTDC) and the Department of Commerce of Guangdong Province of the People’s Republic of China, the sixth edition of the Lifestyle Expo in Dubai served as a platform for suppliers from Hong Kong and the Chinese mainland to connect with buyers from the Middle East and Africa, supporting the companies seized business opportunities presented by the Belt and Road Initiative and Expo 2020 Dubai, the organiser said. The two-day event showcased a wide selection of trendy products from more than 120 Hong Kong and Chinese companies to almost 1,400 buyers from the United Arab Emirates (UAE), Iran and Africa. Exhibits included consumer electronics, information and communications technology (ICT) products, household products and electrical appliances, fashion and fashion accessories, gifts and premiums, as well as watches and clocks. Exploring regional cooperation HKTDC‘s Regina Lai introducing Juma Al Kait of UAE‘s Ministry of Economy to a creative lifestyle exhibitor from Hong Kong. The two-day event showcased a wide selection of trendy products from more than 120 Hong Kong and Chinese companies. 38 Retail Asia August 2018 Speaking at the opening ceremony, HKTDC product promotion director Regina Lai highlighted the co-operation between mainland China, Hong Kong and the UAE to unlock opportunities arising from the Belt and Road Initiative, a key global economic driver for the 21st century. “The Chinese mainland, Hong Kong and the UAE have forged a very close business partnership. The Lifestyle Expo in Dubai is the signature promotion event in emerging markets that facilitates exchanges on market trends and creates synergy for mutual benefits,” Lai said. “The HKTDC has long recognised the geographical advantage of the UAE as a springboard to the promising Middle East and African markets. We will continue to organise different promotional events in the region to help enterprises capture the growing business opportunities.” The UAE is Hong Kong’s largest trading partner and export market in the Middle East, HKTDC said. Bilateral trade between the two places has been growing at an average annual rate of 14% since 2010. Last year, Hong Kong’s total trade to the UAE grew 3% to US$10.8 billion, led by exports of telecommunications equipment and parts, precious and semi-precious stones and jewellery. Business matching and networking The Lifestyle Expo in Dubai featured a number of seminars and networking events, including the fourth Hub-to-Hub Business Meeting that brought together business leaders from Hong Kong, the UAE and Africa to share their insights on the latest market developments. Customised “One-to-One” business matching services were provided on site to connect exhibitors and buyers to foster collaboration. Products from the 120 exhibitors were spotlighted at the “hktdc.com Small Orders Showcase”, allowing buyers to place orders of between five and 1,000 pieces. The HKTDC Frequent Buyer Awards 2018 was presented to Middle East and African companies for their ongoing support to the council’s trade fairs in Hong Kong and Dubai. In addition, Elvin Law, product promotion manager of the HKTDC, led a business mission to Nairobi, Kenya to explore collaboration opportunities with African companies. Members of the delegation represented a variety of sectors including electronics, fashion, housewares, gifts, packaging and wellness products. The Lifestyle Expo in Dubai is one of the HKTDC’s signature international promotion events aiming to foster trade between companies from Hong Kong and emerging markets worldwide including Russia, Poland, Turkey, India and Indonesia. ra