2007'03.30.Fri
Mainland China's Critical Export Challenges Tackled at Chief Executive China Management Forum

March 27, 2007
Speakers Included Top Mainland China Economist, Dr. Yifu
Lin
BEIJING, March 27 /Xinhua-PRNewswire/ -- Over 200
executives and business leaders discussed mainland China's
current export challenges at Global Sources' (Nasdaq: GSOL)
Chief Executive China Management Forum held today in
Beijing.
(Logo: http://www.xprn.com.cn/xprn/sa/200703271450.JPG
)
(Logo: http://www.xprn.com.cn/xprn/sa/200703271449.JPG
)
Founding director of the China Centre for Economic
Research at Peking University, Dr. Yifu Lin, outlined the
challenges facing mainland China's exporters in 2007:
"This year, exporters are facing intensifying price
competition, higher labor and raw material costs, and a
decrease in the export tax rebate.
"Low price is no longer a sustainable, long-term
strategy. To survive in this tough environment, exporters
must move up the value chain."
Global Sources' chairman and CEO, Merle A. Hinrichs,
said: "To move up the value chain, mainland China's
exporters must differentiate themselves by their products
and services. Internet-only promotion is becoming a less
valuable way for suppliers to accomplish this and
communicate added value.
"To market to international buyers, suppliers must
also communicate in print and face-to-face environments
where they can leave a deeper impression, establish a
strong brand image and communicate their unique
advantages."
In addition to Lin and Hinrichs, forum panel speakers
included:
-- US specialty retailer Brookstone's Asia Division
managing director,
Howard Chen
-- General manager of Shenzhen JWL Electronics, Wang
Liqun
The Chief Executive China Management Forum was held to
mark the magazine's 15th year of publication. It is the
latest in a series of events organized by Global Sources'
Chief Executive China to provide leading management
insights to mainland China's business elite.
More information about the Chief Executive China
management forum is available at
http://www.ceconline.com/CEC/SEMINAR.HTM .
About Chief Executive China
Since 1992, Global Sources has published Chief
Executive China to provide advanced management ideas to
mainland China's business leaders.
Today, Chief Executive China is mainland China's
highest-circulation management magazine. As of December
2006, it has a BPA-audited readership of 188,000 - 68
percent of whom are senior managers. Combined with
registered users of its website ( www.ceconline.com ) Chief
Executive China reaches over 1 million mainland China
executives.
Chief Executive China is an important part of Global
Sources' Chinese-language media that offer executives the
knowledge and insights they need to succeed in the global
marketplace. It supports the company's English-language
media which provide a platform for marketing to
international buyers. These include Global Sources trade
magazines, Global Sources Online (
http://www.globalsources.com ), Global Sources Direct
(http://www.globalsourcesdirect.com ) and the China
Sourcing Fairs (http://www.chinasourcingfair.com ).
About Global Sources
Global Sources is a leading business-to-business (B2B)
media company and a primary facilitator of two-way trade
with Greater China. The core business is facilitating
trade from Greater China to the world, using a wide range
of English-language media. The other key business segment
facilitates trade from the world to Greater China using
Chinese-language media.
The company provides sourcing information to volume
buyers and integrated marketing services to suppliers. It
helps a community of over 560,000 active buyers source more
profitably from complex overseas supply markets. With the
goal of providing the most effective ways possible to
advertise, market and sell, Global Sources enables
suppliers to sell to hard-to-reach buyers in 230
countries.
The company offers the most extensive range of media
and export marketing services in the industries it serves.
It delivers information on 1.8 million products and more
than 150,000 suppliers annually through 13 online
marketplaces, 11 monthly magazines, over 100 sourcing
research reports and nine specialized trade shows which run
22 times a years across seven cities. Suppliers receive
more than 10 million sales leads annually from buyers
through Global Sources Online (
http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for
36 years. In mainland China it has over 1,600 team members
in 44 locations, and a community of over 1 million
registered online users and magazine readers for
Chinese-language media.
For more information, please contact:
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Investor Contact in Asia:
Eddie Heng
Tel: +65-6547-2850
Email: eheng@globalsources.com
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-602-978-7504
Email: strachan@globalsources.com
Global Sources Investor Contact in U.S.:
Moriah Shilton & Cathy Mattison
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: cmattison@lhai.com
PR
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