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Last updated at: (Beijing Time) Tuesday, January 07, 2003

HK to Remain World's No.1 Toy Exporter: Industry Leaders

Hong Kong will continue to be theworld's largest toy exporter in 2003, but more should be done in face of challenges, said industry leaders at the opening ceremony of Hong Kong Toys and Games Fair 2003 Tuesday.


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Hong Kong will continue to be theworld's largest toy exporter in 2003, but more should be done in face of challenges, said industry leaders at the opening ceremony of Hong Kong Toys and Games Fair 2003 Tuesday.

"Production in the Chinese mainland has enhanced the price competitiveness of Hong Kong toy exporters, while Hong Kong's rolehas shifted even more towards quality control, management, marketing, product design and production planning," said Edmund Young, chairman of the Trade Development Council's (TDC) Toys Advisory Committee.

Young said the development now focused on an increasingly creative, high-tech and electronic platform, and Hong Kong playershad to keep abreast with advanced technology which influenced all aspects of the business.

He also called for full acceptance of the International Councilof Toy Industries Code of Business Practices by all buyers and manufacturers.

Benjamin Chau, director of exhibition affair of TDC, who presided over the ceremony, also expressed hopes that all the exhibitors and buyers abide by the code of the business practices to maintain the robust momentum of the industry in the long run.

The annual fair, the largest of its kind in Asia and one of thetop three toys fairs in the world, has attracted over 1,700 exhibitors from 33 countries and regions this year.


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