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Cultural Fair Receives 16,000 Overseas Buyers

UserPost

9:08 am
May 21, 2010


admin

Admin

posts 215

More than 16,000 overseas buyers attended China's top cultural feast,
which opened on May 14 at the Shenzhen Convention and Exhibition
Center.

Buyers and visitors from more than 65 countries and regions attended
the four-day Sixth China (Shenzhen) International Cultural Industries
Fair (ICIF), including 10,000 at the main venue in the convention center
and 6,000 at the 35 sub-venues across the city, said Shenzhen Vice
Mayor Yan Xiaopei.

More than 1,700 delegations organized by governments, companies and
organizations from 65 countries and regions attended the fair, which
lasted until May 17, said Yan, who added that the total volume of
transactions for the fair in the past five years has been more than 270
billion RMB

Fair organizers expect the transaction volume to reach a record 90
billion RMB (13 billion USD) this year, 2 billion RMB more than 2009.
The volume of overseas purchases is expected to reach 10 billion RMB,
said Yan.

Organizers hope the ICIF will yield 200 billion RMB in transactions
in 2020 with 2,500 exhibitors and more than 500,000 professional
visitors, according to a 10-year plan for the ICIF released on May 13.


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