China-Europe Association for Technical and Economic Cooperation CEATEC) and International Merchandising Center – Cyprus (IMC) sign strategic agreement in Beijing on the 13th of May 2009.
Standing (from left to right): H.E. the Ambassador of Cyprus in China Mr. Marios Ieronymides, Deputy Director General, Asia Department, Ministry of Commerce of China Mr. Liang Wentao, H.E. Cyprus' Minister of Trade, Industry and Tourism Mr. Antonis Paschalides, the Vice President of IMC Mr. Charles Kyriakou.
Signing (from left to right): The Chairman of IMC Mr. Andreas Kaisis, the Vice President of CEATEC Mr. Wu Haiyu.

On the 13th of May, China-Europe Association for Technical and Economic Cooperation (CEATEC) and International Merchandising Center – Cyprus (IMC) held a press conference in Beijing to introduce BusinessGlobal.com – The International On-Line Exhibition Center.  The two sides from Cyprus and China signed a cooperation agreement. Cyprus’ Minister of Trade, Industry and Tourism Mr. Antonis Paschalides and China’s Ministry of Commerce - Deputy Director General, Asia Department,  Mr. Liang Wentao attended the conference and delivered speeches.

BusinessGlobal.com – The International On-Line Exhibition Center is a project in cooperation between CEATEC and IMC. The project organizers will hold Country-Specific and Industry-specific international on-line exhibitions. By using the latest technology, an interactive environment will be created to provide an effective platform for enterprises and visitors to contact, communicate, and cooperate with each other conveniently. The services that will be provided will not only inherit the characteristics of physical exhibitions, but also enable exhibitors to change the way they exhibit their products and services while saving on pavilion, travel, accommodation, shipping, staff and other exhibition costs. In addition, visitors can visit many exhibitions at the same time, which is impossible in physical exhibitions. 

China’s Ministry of Commerce - Deputy Director General, Asia Department, Mr. Liang Wentao said that BusinessGlobal.com is not only consistent with the requirements of China's economic and trade work requirements, but is also able to provide the opportunities to SMEs to get promoted internationally. In today's shrinking global economic environment, the traditional way to grow and develop the market shows a number of unfavorable factors with the most influential being the highly increasing cost for doing so, which will undoubtedly make two sides, EU and China, miss many cooperation opportunities. However, BusinessGlobal.com provides an effective solution to this problem.

The two sides agreed that they will cooperate in order to establish the on line virtual exhibitions project. The first exhibition “Best of China 2009” which will take place in September, provides an effective platform for Chinese corporations, especially SMEs, to contact and cooperate with potential buyers around the world. As the main partner in China, CEATEC will be responsible to promote the project and help Chinese enterprises entering the exhibition.

For more information, please contact:
Ms Guo Ying, AGB, Xu Tao
Tel :010-85226245 / 85226244/85226882
E-mail: linda_guo97@sina.com
Lisa2008@gmail.com
Xmt@ceatec.org.cn
Fax :010-85226879

Mr. Liang Wentao, Deputy Director General, Asia Department,  Ministry of Commerce of China
‘On-line international exhibitions are not only consistent with China’s economic and trading policies they are also a means for small and medium size enterprises to expand their activities abroad.’

‘In today’s global economic environment the traditional ways of opening up markets faces a number of problems the most important being the increasing costs. On-line international exhibitions are highly effective in reducing marketing costs’

Mr. Antonis Paschalides, Cyprus Minister of Commerce, Industry and Tourism
‘I take this opportunity to introduce to you BusinessGlobal.com an international virtual exhibition centre created by the IMC International Merchandising Centre. Through this interactive platform Chinese companies can present their products to Cypriot and other European companies…the Ministry of Commerce, Industry and Tourism supports this initiative.’

‘The BusinessGlobal.com innovative approach will connect buyers and suppliers of any size from around the world. Buyers visiting the platform will see precisely what they would see by physically visiting trade exhibitions, but without having to leave their office, saving time and money.’

Mr. Wu Haiyu, Vice President of CEATEC
‘BusinessGlobal.com, the on-line international Exhibition Centre is a project between the China Europe Association for Economic and Technical Cooperation and IMC International Merchandising Centre…the object is to open up international markets, search for new business opportunities and develop cooperation by using the Internet’

‘The BusinessGlobal.com project enables enterprises to save capital effectively, control costs and at the same time have the same results as conventional exhibitions’

Mr. Manthos Mavrommatis, President, Cyprus Chamber of Commerce and Industry
‘The BusinessGlobal vision for creating the first on-line exhibition centre is commendable…this is a major innovation that will lead to the development of international trade and cooperation.’

‘The partnership of BusinessGlobal.com with CEATEC, a reputable professional organization will further enhance BusinessGlobal’s efforts of promoting Cyprus as a bridge between the EU and China…I wish them every success…’

Mr. Costas Panayiotou, Business Editor, Euro-China Business Link
‘BusinessGlobal.com is a new business concept which is now revolutionizing the exhibition and procurement industries’