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Seizing Opportunities, Leading the Future | Post-Show Notes from the 2019 Private Label Trade Show in Chicago, USA

11-26

Seizing Opportunities, Leading the Future | Post-Show Notes from the 2019 Private Label Trade Show in Chicago, USA

The Zhenghe exhibition group returned last week from the 2019 Private Label Trade Show in Chicago, USA.

Against the backdrop of US-China trade relations characterized by cooperation and competition

the results of the Chinese exhibitors at the 2019 show far exceeded expectations.

The theme of the 2019 show was "Store Brands Make Things Happen." There were 54 country pavilions, with 41 Chinese exhibitors, ranking second among international exhibitors. A total of 1439 companies exhibited, 8 more than in 2018. Of these, 1048 were food companies and 391 were non-food companies, with approximately 2500 booths in total. Based on the observed foot traffic, attendance was likely higher than last year, with approximately 6000 attendees.

2019 marked the eleventh year that Zhenghe Exhibitions has organized group participation in the show.

Even against the backdrop of the US-China trade war,

our group comprised nearly 20 companies,

almost half of the total number of Chinese exhibitors.

The exhibition group consisted of roughly equal numbers of new and returning clients,

with returning clients reporting that the results were much better than expected,

and that foot traffic was even higher than in 2018.

Among the new exhibitors, half received orders on-site.

Photos taken at the 2019 show

Photos taken at the 2019 show

Time flies, and we meet again.

Zhenghe Exhibitions expresses gratitude for the friendships forged over these nearly two decades,

Friends are like fine wine, cherished and delightful.

Working together, the path to a brighter future for private brands will only grow wider.

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Nigeria is an important trade partner and investment destination for China in Africa, and also China's largest contracted project market in Africa. In 2023, the new contract value for Chinese enterprises' contracted engineering business in Nigeria reached 10.45 billion USD, with a turnover of 3.98 billion USD. On September 3, 2024, China and Nigeria issued a joint statement announcing the establishment of a comprehensive strategic partnership, promoting the building of a high-level China-Nigeria community with a shared future, and explicitly strengthening cooperation in areas such as infrastructure construction. Chinese Products are Hot-selling in the Nigerian Market under the Framework of China-Africa Cooperation According to data from the General Administration of Customs, from January to July 2024, China's imports and exports with Africa totaled 1.19 trillion CNY, a year-on-year increase of 5.5%. In 2023, China-Africa trade reached a historical peak of 282.1 billion USD, a year-on-year increase of 1.5%, demonstrating the strong resilience of China-Africa trade. Among them, trade between Nigeria and China is booming. In 2023, the total trade volume between China and Nigeria soared to an astonishing 281.777 billion USD, with China's exports to Nigeria reaching 172.469 billion USD, highlighting the immense appeal of Chinese products in the Nigerian market. The main hot-selling products fall into the following major categories: 1. Electromechanical Products and Agricultural Machinery Products From efficient power generation equipment to reliable electrical products, China's electromechanical products have continuously met Nigeria's growing needs and directly promoted the rapid development of its infrastructure construction. In addition, hardware tools, power tools, construction machinery, and other electromechanical products are also very popular. 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