Macau, China, 14 Jan – Companies from the Chinese province of Zhejiang will be present this weekend at a fair to promote their brands, which represents the high point of the 2010 Macau-Zhejiang Week which began on Wednesday.
The Fair of Brand Products from Zhejiang will run from Friday through Sunday. It is organised by the Macau Trade and Investment Promotion Institute (IPIM) and will count 5,000 square metres of exhibition space with 211 stands, 167 of them dedicated to small and medium-sized companies from that province and 44 to companies from Macau.
IPIM has indicated that more than 4,000 products representing 61 brands created over more than two decades in Zhejiang will be exhibited and sold at the fair in Macau, along with 49 recent brands.
Producers of Chinese traditional medicines, handicrafts and restaurants are among the Zhejiang business areas that will be represented.
The event will also include a number of contact events meant to boost economic interchanges between the two regions and benefit from Macau’s role as a springboard for trade between China and the Portuguese-speaking world.
Economic and commercial agreements are also to be signed during the 2010 Macau-Zhejiang Week. There will also be a photo exhibition meant to publicise Zhejiang, which is located on the Chinese coast south of Shanghai.
Statistics provided by the Zhejiang provincial government indicate that trade with Macau reached US$11.18 million in the first eight months of 2009, 48.57 percent less year-on-year, with Zheijang’s exports to Macau standing at US$136.400.