Now in its third consecutive year, the China Sourcing Fair will again be hosted at Gallagher Convention Centre from 28 to 30 November 2012. This is the last leg of the 2012 global road show following major successes in Hong Kong, Dubai, Miami, Sao Paulo and Mumbai.
Bill Janeri, Global Sources General Manager Developing Markets and organiser of the Johannesburg leg of the China Sourcing Fair (CSF) says that he was encouraged by the 20% increase in visitors at the 2011 Fair. "We enable South African traders to keep connected with hundreds of suppliers and provide a perfect platform to meet suppliers of a myriad of products face-to-face."
Oasys Innovations, international supplier of exhibitions and events infrastructure, was contracted for the third successive year to build the show, which provides trading opportunities for more than 800 exhibitors from China and thousands of local entrepreneurs who want to take advantage of the diverse offerings ranging from electronics to garments.
Oasys Chief Operating Officer Mark Strydom says: "A road show of the magnitude of the China Sourcing Fair places high expectations on suppliers to sustain the same level of quality of shows in major trading centres around the world. We have to build 8 000m² of infrastructure including carpets, electrical connections to all the booths and supply furniture in only a few days. During the same period another of our project management teams will be at Sun City for the Nedbank Golf Challenge where we will maintain infrastructure for more than sixty marquees, exhibitions and special events. However, two major projects of this size do not constitute a challenge as we have done our forward planning of logistics, inventory and employees well in advance."
Bilateral trade between South Africa and its BRICS (Brazil, Russia, India and China) partners grew substantially last year, powered by significant increases in trade and exports. Bilateral trade between South Africa and China grew in 2011 by 32%, totalling R188-billion. South African exports grew by 46%, while exports to India grew by 20%, to Brazil by 14%, and to Russia by 7%. While South Africa has continued to run a trade deficit with China over the last four years, that deficit has narrowed by over 50%, from R48-billion in 2008, to less than R18-billion in 2011. A further vote of confidence is the announcement made by Transnet in October 2012 that it has placed an order valued at R2.6-billion on a Chinese manufacturer for 95 locomotives. As a consequence, through the transfer of know-how, South Africa will become an Original Equipment Manufacturing (OEM) for the manufacture of locomotive components.