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    Home > Coatings News > Paints and Coatings Market > The Thick Street Furniture Fair and Sales Center is expected to drive $100 million in exports each year.

    The Thick Street Furniture Fair and Sales Center is expected to drive $100 million in exports each year.

    • Last Update: 2020-09-06
    • Source: Internet
    • Author: User
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    China Paint Network
    News:
    "Thick Street Furniture South Africa Line", plans to upgrade to create "Dongguan Products South Africa Exhibition and Marketing Center", estimated to bring 100 million U.S. dollars in exports to Dongguan enterprises. The good news that President Xi Jinping announced $60 billion in aid to Africa over the next three years during his visit to South Africa has excited Dongguan entrepreneurs expanding into the South African market. From October 13, the airline's "Thick Street Furniture South Africa Line", plans to upgrade to create "Dongguan Products South Africa Exhibition and Marketing Center", the initial display area of 5000 square meters, covering South Africa's three major cities. The project is estimated to bring 80 million to 100 million U.S. dollars in annual exports to Dongguan enterprises.
    Hou Street furniture South Africa is popular
    just one month to open more than 30 stores
    borrow the country to implement the "Belt and Road" strategy of the east wind, thick street town a number of furniture enterprises "hug group", in South Africa to create a set of "online third-party e-commerce platform ("convergence point") and online display and payment settlement , overseas bonded warehouse , O2O experience hall and overseas distribution and after-sales service as one of the new cross-border e-commerce O2O model. This model can not only integrate furniture factory resources, provide logistics, customs clearance, tax rebates and other one-stop services, but also rely on overseas bonded warehouses and offline O2O experience shop to provide on-site distribution, installation, repair, maintenance, return and exchange of goods and other after-sales services, for thick street and even the city's furniture to open up the African market to bring new opportunities. After Mr. Xi announced $60 billion in aid to Africa over the next three years, Fang Xibo, general manager of Furaden Furniture (South Africa) Co., Ltd., a town on the high street, said Chinese companies were ushering in a golden age of development in Africa. In October this year, Fang Xibo contacted a number of furniture enterprises, launched the "thick street furniture South Africa line" project. The first batch of 10 containers began sailing on October 13, and since their arrival in November, they have been rolled out to 30 direct stores and franchisees. "The response has been overwhelming, South Africa itself has an e-commerce market, and locals have long accepted online shopping and are very much in recognition of Chinese furniture." Fang Xibo said that this model has brought a clear sales effect, the company will soon organize another 15 container furniture sent to South Africa, taking advantage of this good momentum of development, its direct home stores will be added two more. Among them, johannesburg's Sequoia Teng branch is 800 square meters and is scheduled to open in January next year, while Durban's 5,000 square meters is scheduled to open in March next year.
    To create a "Dongguan Products South Africa Exhibition and Marketing Center
    each year for Dongguan enterprises to bring 80 million to 100 million exports
    A few days ago, Fullerden also joined hands with Dongguan City Ring Color Technology Import and Export Trading Co., Ltd., co-founded Dongguan Wanfei Investment Co., Ltd. ("Wan non-company"). The first phase plans to set up "Dongguan Product Exhibition and Marketing Center" in Johannesburg, Pretoria, Durban and other major cities in South Africa, to promote, display, display, promote Dongguan products, to help Dongguan enterprises to open up the South African market, and provide order matching tracking services. According to reports, wanfei's estimated total investment is 100 million yuan. The initial investment amount is RMB 30 million. With the progress of various work, it is estimated that Dongguan enterprises will eventually bring annual exports of 80 million to 100 million U.S. dollars of business opportunities. Among them, "Dongguan Products South Africa Exhibition and Marketing Center" the initial exhibition area of 5000 square meters, located in Johannesburg, Pretoria and POLLOKWANE (Polokwani) and other three major cities, are in the best local business areas, of which Johannesburg flagship store area of 2200 square meters. In addition to the three cities mentioned above, Wanfei has also been in close contact with the city of Kimberly and Durban in Quana province, aiming to build "Dongguan Products South Africa Exhibition and Marketing Center" in these two cities, to achieve the layout of major cities in South Africa. Fang Xibo predicted that "Dongguan Products South Africa Exhibition and Marketing Center" will be expected to become Dongguan as an "international manufacturing city" overseas a bright business card, help to strengthen the economic and trade exchanges between Dongguan enterprises and South Africa and even southern African countries, to achieve dongguan enterprises in emerging markets trade growth, for Dongguan enterprises "going out" to make a bold attempt and exploration. "Fullerden's eight direct stores will all be converted into 'Dongguan Products South Africa Exhibition and Marketing Center', with furniture products as the main, sales, display scope gradually expanded to other areas." Fang Xibo said that Chinese-made products have entered the ordinary people's homes in South Africa, furniture as a "test stone", I believe Dongguan products soon into South Africa's thousands of households.
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