MIF & PLPEX boost Macau as trade platform

The two exhibitions illustrated Macau’s advantages as a place to exchange goods and services between China and Portuguese-speaking Countries.

Two of Macau most important trade fairs were held recently, with outstanding results. The 24th MIF International Trade Fair (MIF) and the 2019 Portuguese-speaking Countries Product and Service Exhibition (Macau) (2019PLPEX) brought in strong visitor counts and resulted in many successful deals being signed during the three-day fairs, which ran concurrently at the Venetian Macao.

This year’s MIF covered an exhibition area of ​​24,000 square meters, attracting more than 50 countries and regions to participate in the exhibition, setting up more than 1,500 booths.

The exhibition has created ties among provinces and cities in China, countries along the Belt and Road Initiative, and Portuguese-speaking countries, across a wide number of industries and commodities.

At the same time, seminars and discussions were hosted at the fair, with topics including investment projects, cultural and creative industries, finance, smart technology, food and beverage, fashion design, health care, e-commerce, and SME products, among others.

One highlight of the fair was the establishment of high-level trading relations between Cape Verde and Jiangsu province. Specific forums were conducted between the two during the fair.

PLPEX, meanwhile, attracted more than 250 companies from mainland China, eight Portuguese-speaking countries, and Hong Kong and Macau. They covered a wide range of industries, including information technology, food, beverages, building materials, e-commerce, sporting goods, daily necessities, and handicrafts, among others. During the exhibition, a number of matchmaking meetings and promotion activities were held to allow Chinese leading enterprises to establish direct links with Portuguese-speaking countries, in order to further explore business opportunities.

A special forum was held during the fair, focused on opportunities for young entrepreneurs in the Greater Bay Area. Discussions centered on ways to help bridge the gap between Portuguese-speaking countries and the cities within the Greater Bay Area.

During the two exhibitions, promotions were held to grow follow-up business via the “Online Business Matching Service Platform”. After the exhibition, a series of activities were arranged, such as a special summit hosted by a group of central government enterprises which see strong potential in supporting the development of Macau as a platform between China and Portuguese-speaking Countries. Companies were invited to conduct visits to various cities within Guangdong cities under the Greater Bay Area initiative.