Strengthening businesses between HK & India
Hong Kong and India have enjoyed robust bilateral trade relations covering a range of products and services over the years and these ties are set to become even more deeply entrenched in the future, according to Rajesh Bhagat, Consultant, Mumbai of the Hong Kong Trade Development Council (HKTDC). Meeting with the media in Mumbai today, Mr Bhagat reassured Indian business communities that Hong Kong remains an effective platform for global business.
The HKTDC’s large-scale fairs and conferences are proceeding as planned despite the social unrest seen in the city in recent months. Eighteen fairs ran smoothly from July to November, attracting 14,700 exhibitors and close to 222,000 buyers from around the world. Mr Bhagat said safety is a top priority at all HKTDC-organised events, with special security measures put in place to respond to different situations. The HKTDC continues to monitor developments and communicate closely with exhibitors, buyers and conference delegates from around the world.
Adding to Hong Kong’s business advantages, the HKTDC gathers the latest market intelligence and helps form partnerships with different countries to develop business opportunities for enterprises. The HKTDC organises more than 30 exhibitions in Hong Kong every year. Eleven of them are the largest marketplaces of their kind in Asia, of which electronics, jewellery, gifts, watches & clocks and lighting are the world’s largest.
Five international trade fairs will be held early next year in Hong Kong, which will offer ideal platforms for buyers and suppliers from India to expand their businesses into new markets.
These fairs are:
1: HKTDC Hong Kong Toys & Games Fair (6-9 January 2020)
2: HKTDC Hong Kong Baby Products Fair (6-9 January 2020)
3: Hong Kong International Stationery Fair (6-9 January2020)
4: HKTDC Hong Kong International Diamond, Gem & Pearl Show
(2-6 March 2020)
5: HKTDC Hong Kong International Jewellery Show (4-8 March 2020)
“The HKTDC’s fairs attracted over 39,000 exhibitors and over 770,000 visitors from all over the world in 2018/2019,” Mr Bhagat said. He looks forward to welcoming more manufactures and exporters in India to explore business opportunities and tap into global markets through HKTDC exhibitions. He also encourages all buyers, distributors and retailers from India to come to Hong Kong for sourcing.
India is Hong Kong’s 7th largest trading partner. In the first three quarters of 2019, the total trade value between the two places reached close to USD 19 billion. In which, India was Hong Kong’s 4th major export market with a total export value of over USD 11 million and 9th largest import source with an import value of over USD 7 billion.
HKTDC Hong Kong International Diamond, Gem & Pearl Show, 2-6 March 2020 and
HKTDC Hong Kong International Jewellery Show, 4-8 March 2020:
The 7th edition of the HKTDC Hong Kong International Diamond, Gem & Pearl Show, dedicated to jewellery raw materials, will be held from 2 to 6 March 2020 at Asia World-Expo, while the 37th edition of the HKTDC Hong Kong International Jewellery Show, featuring finished fine jewellery, will run from 4 to 8 March 2020 at the Hong Kong Convention and Exhibition Centre.
The twin shows are set to welcome a total of over 4,600 exhibitors, forming the world’s largest jewellery marketplace. Featuring a wide range of jewellery products from across the globe, the shows attracted more than 90,000 buyers from 141 countries and regions in 2019.
The Diamond, Gem & Pearl Show specialises in jewellery raw materials including loose diamonds, gemstones and pearls. Three special zones include the Hall of Fine Diamonds, which gathers the world’s top diamond suppliers; Treasures of Nature, dedicated to the finest coloured gems; and Treasures of the Ocean, which displays quality pearls.
The Jewellery Show comprises several themed zones including top-tier jewellery collections at the Hall of Extraordinary, internationally renowned jewellery brands at the Hall of Fame, and innovative designer brands at Designer Galleria.
Other themed zones include the Antique & Vintage Jewellery Galleria where you can discover treasures from bygone eras; the World of Glamour showcasing the haute craftsmanship of Hong Kong jewellers; the Hall of Time dedicated to luxury watches and timepieces; and the IT Solutions for Jewellery zone featuring the latest technological solutions for the jewellery industry.
The twin shows deliver a comprehensive programme of jewellery parades, seminars, buyer forums and networking events that keep industry players fully up to speed with the latest developments. In addition, the Hong Kong Jewellery Design Competition will be organised to honour local designs of superior craftsmanship and creativity from the Student Group and the Open Group.
The creations of the winners and finalists will be on display throughout the show period.
