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l         Sino-Jordan Investment Cooperation Forum Turns over an New Page

On Aug. 14, 2007, Mr. Ma Qiang, Temporary Chargé d’affaires, Ma Jianchun, the Counselor of The Economic and Commercial Counselor’s Office, Embassy of China in Jordan, and Maan Nsour, CEO of Jordan Investment Board attended “Sino-Jordan Investment Cooperation Forum” co-hosted by The Economic and Commercial Counselor’s Office, Embassy of China in Jordan, and Jordan Investment Board after the opening ceremony of China Fair Jordan 2007, where Maan Nsour, CEO of Jordan Investment Board, introduced to China enterprises the investment environment, policies and success stories of Jordan. He mentioned that the total volume of foreign trade between China and Jordan has been increasing at a two-digital rate since 2002, with improving exchanges in multiple areas including economy and culture. China and Jordan governments have been maintaining close cooperation, creating a favorable environment for the economic development of two countries. It is hoped that there will be more China enterprises entering Jordan for investment and trade. Ma Qiang, Temporary Chargé d’affaires, Ma Jianchun, the Counselor of The Economic and Commercial Counselor’s Office, Embassy of China in Jordan, also offered their congratulations on the grand opening of the fourth China Fair Jordan, wishing successes to China enterprises participating in this Fair and future investment.

After the forum, exhibitors participated in the commercial pairing activity organized by Meorient Group, where executives from 93 large enterprises of Jordan were invited for face-to-face exchanges with Chinese exhibitors. These Arabian businesspersons have shown great interests in the nice-but-cheap “Made-in-China” products. Some even signed orders or letters of intention upon the completion of exchanging. Over 95% Chinese exhibitors gain substantial benefits from this activity. In addition to opening the door for China products, this business conference also laid a solid foundation to overall success of “Made in China” in various fields all over the world.

                     Onsite Trade Turnover of The Fourth China Fair Jordan  (as of Aug.18, 2007)

N/A
Company
Contracted Volume
Customer Location
Customer
Numbers
1
Zhongbei Gears
200,000 USD
Jordan
240
2
Jiangbei Changwei Machinery
200,000 USD
Africa, Middle East
250
3
Zhangzhou Chenyu Trade
200,000 USD
Qatar, Yemen
300
4
Wuhan Keda Marble
1 million USD
Iraq, Jordan
320
5
Zhongshan Jiakang Home Appliance
Components and Finished Goods worthy of 10 million USD
The largest local home appliance manufacturer inLebanon andAmman
280
6
Zhuozhou Haoyuan Foils
50,000 USD
Jordan
100
7
Shenzhen Edan Instruments
60,000 USD with great market potential
Jordan
380
8
Jiangsu Shengyang Industries
100,000 USD
Iraq, Amman, Yemen
200
9
Shenzhen Careplus
50,000 USD
Ireland, Lebanon
160
10
Haining Jiahua Textiles
350,000 USD
Dubai, Oman
200
11
Eagles Building Materials
400,000 USD
Jordan,Syria,Saudi Arabia
420

 l     2007 Exhibitor Remarks and Quotes :

       Mr. Zhao Hongbo, Beijing BFS Trade Company, said: “Through exchanges with Middle East merchants in the China Fair Jordan – Rebuild Iraq and Lebanon organized by Meorient Int’l Group, I find that there are great potentials for building materials of China, where the demand is huge. To better explore the Middle East Market, we decide to invest 500,000 RMB to establish a local office to expand trade and after-sales services.”

       Mr. He Xiaofeng, General Manager of Ningbo Jiangbei Changwei Machinery Co., Ltd., said: “We are a specialized manufacturer of full automatic block machines and concrete mixers, and our products are exported to East Europe, Africa and Southeast Asia. At this Fair organized by Meorient Int’l Group, we find that there are great market potentials in Jordan, Iraq and Lebanon. We are happy and proud that some 100 Jordan businesspersons have shown great interests in our products. We have planned to invest in Jordan Free Trade Zone. However, in the light of cultural differences, we will take two steps: in Phase 1, an 80,000-m2 plant will be founded with total facility investment of 5 million USD, whose annual turnover will amount to 100 million USD. In Phase 2, a Jordan-based sales center will be established to sell building machines to the Middle East region including Saudi Arabia, Iraq and Lebanon. And another large machinery plant will be built.”

       Mr. Du Kunwen, General Manager of Wuhan Keda Marble Protective Materials Co., Ltd., said: “Initial investment for the stone adhesive project will be 5 million USD, which may covers 10 mous. A plant here will facilitate our entry to Europe and US markets. We are confident in better serving customers from the whole Middle East and Africa, wishing to expand our services to Europe. On the very first day of Fair, some professional customers show strong interest to our products—that is amazing! Later on in exchanges we have the idea of how large the market is. The output value of our products in the whole Middle East region can be over 360 million RMB. Such a market is worth more efforts and investment.”

        Mr. Jiang Shouzheng, Manager of Overseas Operation Department, Shanghai Seastyle International Company Limited, said: “Viewing from the four-day exhibition, a number of customers have shown strong interest in our products. We will focus on the following-up works to secure orders. And we have planned an 800,000 + investment in Jordan to further explore the potential of Middle East market.”