China Homelife and China Machinex Shows Debut in South Africa
September 9, 2015
The inaugural China Homelife and China Machinex shows recently kicked off in South Africa.
Chairman of Meorient International Exhibition, Eric Pan, welcomed all Chinese exhibitors and Southern African buyers to the inaugural shows saying, “Meorient International Exhibition is thrilled to be bringing the shows to South African soil for the first time.”
He added, :Fairs such as China Homelife and China Machinex create opportunity for buyers to source quality products directly from Chinese suppliers and manufacturers, further increasing trade between South Africa and China.”
The two shows brought together top buyers and Chinese exhibitors, showcasing a wide variety of products across eight product segments namely; Hardware and Tools, Building Materials, Home Electronics & Appliances, Textiles and Garments, Furniture, Lighting, Escalators and Elevators as well as Power and Electricity.
China Homelife and China Machinex form part of the global series of events which take place in nine countries. The fairs so far have welcomed visitors from not only South Africa, but also from Botswana, Namibia, Mozambique, Swaziland, Zimbabwe, Zambia and Malawi.
The first official China – South Africa Economic Forum and the South Africa – Shanghai China Trade and Investment Cooperation Forum also took place alongside the official opening which welcomed over 100 key dignitaries, attendees and media.
Miss Jiang Hongxia, deputy director of Investment Promotion Department for SCOFCOM, discussed the investment environment of Shanghai. It was identified at the forum that SCOFCOM is actively implementing the consensus reached between Chinese President Xi Jingping and South African President Zuma on economic cooperation, aiming to deepen investment between the two countries.
“This forum, held under the auspices of the Department of Foreign Investment Promotion of Shanghai Municipal Commission of Commerce (SCOFCOM), has played a fundamental role in highlighting key trade relations between South Africa and China and more particularly between Shanghai and the province of KwaZulu-Natal,” said COO Binu Pillai.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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