HONG KONG, June 18 /PRNewswire-Asia/ -- Against the background of global economic recession, China is an exception because of its abundant foreign exchange reserves and huge domestic market. In 2009, The Chinese government introduced the "Stimulus plans for 10 Main industries" The industries include the steel, automobile, ship building, oil, textile, light industrial, non ferrous metal, equipment, IT and logistics industries. The programs now are in the implementation phase from the theoretical argument successively.
Since last November, the road construction and infrastructure construction have been carried out as a raging fire all over China thanks to the four-trillion RMB stimulation of domestic demand programs. There is still a certain gap between the Chinese equipment manufacturing industry and the global ones. In this case, many local governments prefer to source the foreign capital or joint venture owned brand products in view of reliability, which is a blow to the domestic equipment manufacturers.
In May, the foreign companies failed in the bidding on a pneumatic turbine generator contract worth up to five billion euros. This is a sign that the Chinese government is controlling the capital outflow of domestic investment. After all, it led to a joint statement of nine national sectors, including Development and Reform Commission, Ministry of Supervision and ministry of industry and information technology. In the statement, it is emphasized that the four trillion RMB investment is to stimulate domestic demand, and the domestic companies must be given priority in all the business competition.
In one way, the central government has more consideration about the domestic companies from a policy aspect. In another way, the buying party prefers to source foreign capital company products. The contradiction is not reconciled easily. For international companies, there is no doubt that the Chinese market is one of the most attractive markets in the world. So many global giants have already entered into the market or are ready to enter, but it turned out that not all of them are successful. Then, how can the foreign companies explore the Chinese market with the least risk and costs?
The solution is, to find a perfect communication platform which connects the international and Chinese markets. This platform is already in place. It is Fairtheworld -- Fairtheworld virtual exhibition platform. Fair N Fair 3D virtual exhibition platform fills in the gap in the international exhibition field. It is the only 3D virtual exhibition platform that goes beyond the conceptual phase. There are 8 major exhibition halls during the first phase of Fairtheworld, and it perfectly matches the Chinese Government’s Stimulus plans for 10 main industries.
At the same time, Fairtheworld has a Chinese background. It holds in hand many industry channels and Public Relations. It also has branches and intelligence agents in areas such as the United States, EU and Middle East, etc. To take part in Fairtheworld means that a company is engaged in the international business network. It is a powerful platform for companies to explore new markets and strengthen international cooperation.
