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SIAL China 2005
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SIAL China 2005

SIAL China 2005

May 18, 2005
China
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For its 5th edition, SIAL CHINA will gather all the active forces of the Food Industry, with both exhibitors and trade visitors in order to launch, at the same place, the industry's largest event in China. China's emergent and high-growth market has lead SIAL CHINA to establish a steady six-year presence in the country. Even though China is experiencing difficult times nowadays, we are confident that this situation will come back to normal very quickly. We are also pleased to inform you that SIAL CHINA will be, once again, the unique Food & Beverage trade fair in China to receive, in 2004, the official endorsement of the USDA (The United States Department of Agriculture). In total, 38 countries and territories are expected from every continent in the world (among which the USA, France, Italy, Thailand, Korea, Brazil...). An International Village section will be among the pavilions, where international institutions will promote the products of their home countries. Our operational partners have confirmed their involvement in 2004 and will contribute to the qualitative added-value of the show. Half of the exhibitors choose SIAL CHINA as their first exhibition to break into the Chinese market. 80%of exhibitors are satisfied with their participation in SIAL CHINA. Indeed, SIAL CHINA will be enhanced by even more features, conferences, animation and business-related opportunities for your activity. Backgrounds of the SIAL China Expo 2005 * China: Overview of a Gigantic Market: - 1.3 billion people. - In 2002, for the first time, the Chinese GDP exceeded the RMB 10,000 billion (= more than US$1,2 trillion) mark. - 9.9% growth rate for the first quarter of 2003. - Imports increased by 52.4% during the first quarter of 2003. - Retail sales of consumer goods increased by 9.2% during the first quarter of 2003. - Foreign Investments in China amounted to US$ 53 billion in 2002, ranking the country N°1 worldwide. * Shangai: The Most Dynamic City in China: - Taking place in Pudong, the exhibition will be held in what is considered to be the symbol of China's economic reform and modernization. - By March 2003, Shanghai's Pudong area had attracted a total of 8,869 foreign-funded projects from 81 countries as well as 7,271 Chinese-funded companies, for a total of US$ 57 billion. - On a broader scale, Shanghai contracted US$ 3.393 billion worth of overseas investment in the first quarter of 2003 alone, representing a 59.2% increase over the same period in 2002. * Market - The Chinese food market represents US$100 billion. - Beginning January 1st 2003, the average import tariff rate was reduced to 11%. - Rising living standards in China increase the demand for more processed products. - Retail stores are expanding in China with the setting up of CARREFOUR, WALMART, AUCHAN and METRO among others. - A young population (30% under 30 years old) representing the new middle class, with tastes converging with those of the western world. - Shanghai and its neighbourings: 200 million consumers who are the most privileged in the country. - A strong growth (8% in 2002) - China is the biggest exporter in the world ($1.000 billion) - China is the 1st country in the world to attract foreign investments (approximately US$Bn. 50). SIAL CHINA is the undisputed benchmark for the Chinese trade shows in the Food Industry.