HKTDC Opens Optical Fair with Record Exhibitor Numbers

November 12, 2020

The Hong Kong Trade Development Council (HKTDC) opened its Hong Kong Optical Fair on 7th November at Hong Kong Convention and Exhibition Centre (HKCEC) featuring a record of 810 exhibitors from 23 countries and regions.

Now in its 26th edition, the Optical Fair will run until 9th November and it will feature 10 thematic zones. Exhibitors will be showcasing the latest design trends and eyewear products. The 16th Hong Kong Optometric Conference was held on 8th November and its theme was “The Contemporary Role of Optometrists in Primary Care.”

Benjamin Chau, HKTDC Deputy Executive Director, stated, “As a major production centre and exporter in the global optical industry, Hong Kong has an important position in the global eyewear market. Being a leading industry event in Asia, the Hong Kong Optical Fair is expanding its scale this year, launching the new IT Solutions and Shop Fittings zone to showcase the latest applied technologies and products to help the industry raise production and business efficiency.”

In addition, the 11th edition of Hong Kong International Wine & Spirits Fair runs from 8th to 10th November, also at HKCEC, showcasing fine wine and spirits from 1,075 exhibitors from 33 countries and regions. The fair is open to trade buyers and on the last day (10th November) it will open to public (age 18 or above).

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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.