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Exhibition organizer says recession affects sales in Macau

One of organisers of the annual car, yacht and business aviation exhibitions said on Wednesday that the city’s economic downturn would certainly affect the fair’s sales, adding that the exhibitions would focus on promoting exchanges among exhibitors this year. According to a statement of the exhibitions’ organisers, the 6th China (Macau) International Automobile Exposition, 6th China […]

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One of organisers of the annual car, yacht and business aviation exhibitions said on Wednesday that the city’s economic downturn would certainly affect the fair’s sales, adding that the exhibitions would focus on promoting exchanges among exhibitors this year.

According to a statement of the exhibitions’ organisers, the 6th China (Macau) International Automobile Exposition, 6th China (Macau) International Yacht Import & Export Fair and 5thMacau Business Aviation Exhibition will be held on November 4-6.

The exhibitions are co-hosted by four organisers at three locations, namely the airport, Fisherman’s Wharf and the Venetian.

The statement also said about 100 manufacturers from 20 countries and regions will join the car show.

Song Xiaodong, assistant president of Nam Kwong (Group) Company Limited, one of the exhibitions’ co-organisers, made the remarks on the sidelines of a press conference at the Mandarin Oriental hotel about the exhibitions.

“Macau is going through a stage of economic adjustment, which certainly has an effect on sales, especially on those of automobiles,” Song said. “[But] as high-quality exhibitions, sales are just one of the aspects [the co-organisers focus on].”

Song underlined Premier Li Keqiang’s speech, which he made after talks with the Portuguese Prime Minister Antonio Costa earlier this month, that the two countries should strengthen collaboration in major areas such as automobile manufacturing.

Song added he believed Macau could be a good platform to promote automobiles as the city has its own advantage of being “one centre and one platform”.

Li mentioned during his three-day visit last week that the central government would continue to support Macau to develop into world tourism and leisure centre and a business-service platform between China and Portuguese-speaking countries (PSCs), a development concept that the central government describes as “one centre and one platform”.

(Macau News / The Macau Post Daily)

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