Reed Exhibitions and CPIT Shanghai Sign Memorandum of Understanding as Reed
Continues Seeking Strong Partners in China
SHANGHAI, July 29, 2013
- Both parties to explore strategic cooperation opportunities to boost one
another's inbound and outbound exhibition trade
SHANGHAI, July 29, 2013 /PRNewswire/ -- Reed Exhibitions and CPIT Shanghai
recently forged a powerful working alliance when the two companies signed a
memorandum of understanding. The MOU was endorsed following the success of
high-level talks between Wang Lie, Vice Chairman of the Council for the
Promotion of International Trade Shanghai (CPIT Shanghai) and Nat Wong,
President of Reed Exhibitions Greater China.
(Photo: http://photos.prnewswire.com/prnh/20130729/CN54468 )
As part of the agreement, and to strengthen bilateral exchange, Reed and CPIT
Shanghai will establish mechanisms through which critical experience and
information are disseminated; long-term projects are investigated and opinions
on key industry matters are shared. Both Reed and CPIT Shanghai have extensive
talent, knowledge and technical resources at their disposal - the combination
of which is sure to produce lasting win-win benefits.
"We're currently witnessing unprecedented dynamism in the local exhibition
market, coupled with rising expectations from our participants," said Nat
Wong, President of Reed Exhibitions Greater China. "To ensure that Reed can
embrace the challenges of operating in an intensely competitive industry, we
need to forge strategic relationships with partners who share the same values,
ambition and dedication to quality as we do."
Mr. Wang, Vice Chairman of CPIT Shanghai added, "CPIT Shanghai's strength is
in promoting trade, investment and cooperation, as well as in promoting mutual
understanding and friendship between Shanghai and other parts of the world.
Our vision fits squarely with Reed's as we both strive to become industry
leaders, by delivering excellent events that are current and comprehensive.
I'm delighted that we're taking this important step, and I look forward to
working together to develop new ways for CPIT to extend its international
reach with and through Reed."
About Reed Exhibitions Greater China
Reed Exhibitions Greater China is associated with the world's leading events
organizer: Reed Exhibitions. After more than two decades of rapid growth,
today, Reed is China's premier organizer of definitive trade events, through
eight outstanding member companies: Reed Exhibitions China, Reed Sinopharm,
Reed Huabo, Reed Huaqun, Reed Exhibitions (Shanghai), Reed Guanghe, Reed
Huabai and Reed Hongda.
Reed Exhibitions Greater China's 53 high quality trade events serve 11 of the
country's fastest growing specialized sectors, including: Electronics
Manufacturing & Assembly, Machine Tools, Metalworking & Industrial Materials,
Converting, Life Sciences & Pharmaceuticals, Health Care, Beauty & Cosmetics,
Gifts & Homeware, Auto Aftermarket, Lifestyle, Gaming, Building &
Construction, Property, Travel & Publishing, Marine, Energy, Oil & Gas.
About CPIT Shanghai
The China Council for the Promotion of International Trade Shanghai
Sub-Council (CCPIT Shanghai Sub-Council) was founded in 1956. In August 2002,
the Shanghai Municipal People's Government approved the new name of Council
for the Promotion of International Trade Shanghai (CPIT Shanghai). CPIT
Shanghai is a quasi-governmental foreign trade promotion organization. It also
provides guidance and coordination for local districts, as well as for county
trade promotion organizations in Shanghai.
FOR MORE INFORMATION PLEASE CONTACT:
Ms. Lisa MoiTel: +86 21 2231 7068 Email: firstname.lastname@example.org
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