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Monday, January 14, 2008

Macau Fair - a launch pad for China

Macau Fair - a launch pad for China

Will allow global diamond companies to gain from the growing demand of China's markets

China hosted its first jewellery show ‘Macau Jewellery and Watch Fair’, at The Cotai Strip Convention and Exhibition Center at The Venetian Macao-Resort-Hotel. The four day show was inaugurated on January 10, and accommodated more than 500 exhibitors across 24 countries, with most of them being from Hong Kong and the Israeli diamond industry.

The fair was co-hosted by CMP Asia and the Israeli Diamond Industry. According to CMP’s CEO Mr. Jime Essink, there was immense growth potential within the new markets opening in the Far East, mentioning that the trade events in Macau and likewise in Shenzhen and Shanghai, will be a strong ground for exhibitions and business interactions with companies across the globe.

Alissa Goren, the Israel Diamond Institute’s Director of Marketing and Trade Events, noted that the show, which is the first high-profile jewelry event to take place in Macau, provides an excellent opportunity for first-time exhibitors in the Asia-Pacific to establish themselves in the rapidly developing regional markets. Celine Lau, director of jewelry fairs at CMP Asia said "Macau is becoming the newest hot spot for business and entertainment in Asia. Because of these trends, the Macau Jewellery and Watch Fair is being held to provide an unprecedented marketplace for both Asian and international exhibitors, and represents a milestone in Asia's emergence as a crucial trading platform for the world's jewelry business."

One amongst the many unique displays at the show was a 136-carat Colombian emerald exhibited at the Hatta New World booth in the Fine Design Pavilion.

http://www.diamondworld.net/newsroom/news.asp?newsid=1880

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