The enlarged 2017 fairs accommodated 1,068 exhibitors from 11 countries and regions, while more than 53,000 visitors attended. “The wide spectrum of products that are covered and the large number of manufacturers that exhibit at our shows sets us apart from other domestic fairs. Along with the escalating demand for toys and baby products in China, we are confident that the fairs will be even more popular among exhibitors and visitors in 2018,” Senior General Manager of Messe Frankfurt (HK) Ltd, Ms Wendy Wen said.
Lower customs duties offer opportunities for overseas brands to enter Chinese market
In order to encourage domestic consumption, the Chinese government recently reduced the import tariffs for 187 consumer goods. Taking effect from 1 December this year, the tariff for baby strollers is trimmed from 20% to 10%, while duties for baby diapers and special infant milk formulas are eliminated altogether. The Ministry of Finance explained that the move is to cater to citizens’ improved quality of life and their growing demand for quality imported goods. “This round of customs duties cuts concentrates on products in short supply domestically, and will provide more choice for domestic consumers and guide the upgrade of domestic suppliers,” the ministry said.
This measure provides favourable conditions for overseas brands to tap into or to further expand their business in China, as many of their products are perceived to be of higher quality than domestic products and have passed higher safety standards. A consumer survey commissioned by HKTDC on Mainland China baby and child products revealed that more than 90% of Chinese parents are increasingly concerned with the safety and quality of the products for their children. “This implies that the demand for overseas toys and baby products will keep growing, and provides the opportunity for international suppliers to seize a larger market share in the coming years,” Ms Wendy Wen continued. Looking to take advantage of these opportunities at next April’s Toy & Hobby and Baby & Stroller fairs, a number of exhibitors from Hong Kong, Korea, Switzerland and Taiwan have already confirmed their participation, and will present their latest products in the fair’s popular International Zone.
Toy & Hobby China and Baby & Stroller China are organised by Guangdong Toy Association, Guangzhou Li Tong Messe Frankfurt Co Ltd and Messe Frankfurt (HK) Ltd.
For more information, please visit www.chinatoyfair.com or www.chinababyfair.com.
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Background information on Messe Frankfurt
Messe Frankfurt is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. With more than 2,500* employees at some 30 locations, the company generates annual sales of around €661* million. Thanks to its far-reaching ties with the relevant sectors and to its international sales network, the Group looks after the business interests of its customers effectively. A comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services.
With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).
* preliminary numbers 2017
For more information, please visit our website at:
www.messefrankfurt.com | www.congressfrankfurt.de | www.festhalle.de
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- GZTF18-PR1-eng (pdf, 134 KB)