UBM Asia's Hong Kong Jewellery & Gem Fair Draws Increase in Exhibitors
October 10, 2011
UBM Asia’s Hong Kong Jewellery & Gem Fair, held in September at AsiaWorld-Expo, drew a record number of 3,454 exhibitors from 46 countries, representing a 13-percent increase, compared with 2009.
With the growth of exhibitors, the showfloor also increased from 120,000 square meters in 2009 to 130,000 square meters in 2011.
“We are very pleased to witness the success of the Hong Kong Jewellery and Gem Fair,” said Allen Ha, CEO of AsiaWorld-Expo Management Limited. “This mammoth fair, along with other exhibitions and conferences at AsiaWorld-Expo, enabled the venue to make an economic contribution of some HK$13.4 billion in 2010, representing a 25-percent increase over 2009.”
He added, “It’s very encouraging to see that our efforts along with the organizer’s have paid off over the years. AsiaWorld-Expo offers exactly the right combination of facilities, international accessibility and services for today’s discerning and fast-growing MICE (Meetings, Incentives, Conventions and Exhibitions) industry.”
Besides exhibitor and showfloor growth, attendance also is expected to surpass last year’s attendee figure of 44,274 with double-digit increases, according to AsiaWorld-Expo officials.
In the first two days of the show, nearly 15,000 buyers visited AsiaWorld-Expo, an impressive 32-percent increase, compared with the previous year.
The show also attracted a strong contingent from mainland China, which accounted for 32 percent of all attendees and, for the first time, has overtaken Hong Kong as the top visitor group.
AsiaWorld-Expo is looking forward to even further growth with the venue cooperating for the first time with Global Sources and The Hong Kong Exporters’ Association to debut the “HKSMEIsle of Creativity@HKEA” Pavilion at the October edition of the China Sourcing Fairs, including the Gifts & Premiums Fair, Home Products Fair, Christmas & Seasonal Products Fair, Baby & Children’s Products Fair, and Medical & Health Products Fair scheduled Oct. 20-23
“We are delighted to work closely with Global Sources and AsiaWorld-Expo to introduce the ‘HKSMEIsle of Creativity@HKEA’pavilionat the upcoming China Sourcing Fairs: Gifts & Premiums and Home Products this October,” said Tom Tang, Chairman of The Hong Kong Exporters’ Association.
He added, “This Pavilion is set to provide a trading platform for Hong Kong SMEs to showcase and promote their innovative products. We hope that this collaboration will be extended to other fairs next year to foster the development of creativity and original design, and offer a good opportunity for Hong Kong SMEs to expand their business networks and tap into new opportunities.”
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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