Auto show to be held over the weekend

The China (Macau) Automotive and Shipping Equipment Fair (CASEF) kicked off yesterday at the Fisherman’s Wharf, marking the first edition of the three-day event.
Organized by the Ministry of Commerce of China, CASEF is supported by the China National Automotive Industry International Corporation (CNAICO), as well as the Macau Trade and Investment Promotion Institute (IPIM).
There are approximately 200 participants from several regions, including Brazil and Portugal. Mainland Chinese exhibitors dominate the exhibition hall. The types of car companies in attendance consist of general manufacturers, dealerships, component manufacturers and product maintenance brands.
According to the organizers, items such as car seats, explosion-proof films and lighting appliances will be on display. Around 500 procurement groups have registered to attend.
There will also be interactive sessions on Sino-Portuguese trade, the Pearl River Delta automotive market, and Guangdong and Macau yachts. The event features ten car shows.
China registered 172 million cars in 2015, of which 23.85 million were newly manufactured, according to Han Xiaojun, the general manager of CNAICO. He believes the exhibition will help “lead China to the global procurement market.”
“China’s car imports and exports have been showing a fierce growing for the past ten years,” said Han, adding that Macau, as a platform for trade across the Asia-Pacific region, occupies “a privileged position within the whole nation’s automotive industry development.” Staff reporter