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DUBAI / Emirates Business
The fifth Lifestyle Expo in Dubai will take place from September 25-26 at the Hyatt Regency Dubai, connecting Hong Kong and Chinese mainland suppliers with buyers from the Middle East and Africa to fill the region’s growing demand for trendy consumer products.
Jointly organised by the Hong Kong Trade Development Council (HKTDC) and the Trade Development Bureau of the Ministry of Commerce of the People’s Republic of China, the Expo will showcase a wide range of stylish, quality itemsfrom about 110 Hong Kong and mainland exhibitors. Offerings include consumer electronics and ICT products, household products and electrical appliances, fashion and fashion accessories, gifts and premiums, as well as watches and clocks.
About 1,300 importers, distributors, mass retailers, mail-order houses, department stores and specialty stores from the United Arab Emirates (UAE), Iran and Africa are expected to attend the event. Lifestyle Expo in Dubai will also feature business-matching and networking events as well as seminars.
Highlighting Hong Kong’s position as Asia’s lifestyle trendsetter,the Lifestyle Expo is among the HKTDC’s signature international promotion events with a successful track record in fostering trade between companies from Hong Kong and emerging markets worldwide, including Russia, Poland, Turkey, India and Indonesia.
“Hong Kong and the UAE are both hubs for key markets – Asia, and the Middle East and Africa region, respectively,†said HKTDC Regional Director for Middle East and Africa Perry Fung at a press conference.
The third Hub-to-Hub Business Meeting will be held during the Expo to connect exhibitors from Hong Kong and the mainland with Middle East and African buyers for business
collaboration.
The Lifestyle Expo in Dubai will also highlight the enormous business opportunities emerging from China’s Belt and Road Initiative, which aims to connect markets spanning Asia, the Middle East, Africa and Europe. With strategic locations and sophisticated economies, both Hong Kong and the UAE are well-positioned to benefit from the Initiative.
“The HKTDC is committed to exploring business opportunities in the Middle East for Hong Kong SMEs while helping those from the Middle East and Africa to expand their business in Asia through the Hong Kong platform,†said Mr Fung.
The UAE is Hong Kong’s largest export market in the Middle East, and trade between the two economies presents an excellent opportunity to build new B2B (business-to-business) links along the Belt and Road.
Hong Kong’s exports to UAE grew 13 percent to $6.8 billion last year, led by exports of pearls, precious and semi-precious stones (40.6% of total, up 32.1%), telecom equipment and parts (32.3% of total, up 23.8%), and jewellery (5% of total, up 36.5%).