950,000 Attend HKTDC Book Fair

August 8, 2011

The Hong Kong Trade Development Council (HKTDC) reported the attendance of 950,000 visitors at its recently concluded 22nd edition of the Hong Kong Book Fair, an increase of 3 percent, compared with 2010. One of the largest events of its kind in Asia, the week-long event was held at the Hong Kong Convention and Exhibition Centre (HKCEC) and ran July 18-24.

The fair is a public event with exhibiting categories ranging from books and publications, e-Books and software to stationary. A record 526 exhibitors from 24 countries and regions featured at this year’s fair. The large visiting crowd also consisted of some 15,000 tourists, 15 percent more than last year, mostly coming from mainland China, Macau and Taiwan.

An independent onsite survey commissioned by the HKTDC found that most popular category of books at the fair were fiction and novels, a choice of 52 percent of the visitors. This is followed by literature with 28 percent, 21 percent for travel related books, 21 percent and 16 percent for children’s books and books on self-improvement respectively. The survey also revealed that the average visitor spent US$71 at the book fair – a 10-percent increase from last year. Approximately 20 percent of the visitors claimed to have spent more than US$90 at this year’s book fair.

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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.