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14 September 2005
Xinjiang - ITE to open China’s Western Door!
ITE Group plc has agreed a programme of 9 exhibitions in 2006 with the Xinjiang International Exhibition Centre, starting with WestChinaBuild in June. The official signing ceremony took place in Xinjiang’s capital city of Urumqi, on 2 September 2005.
Edward Strachan, the Director for ITE Group in the Central Asian region, said after the ceremony that "ITE is delighted to launch its partnership with the Xinjiang International Exhibition Centre. The Centre is well known in the region as the most modern and spacious venue, with excellent facilities. We are looking forward to working with the Centre, to providing for our exhibitors the best international business forum in this vast geographical region."

Although China’s economic miracle has affected mainly the Eastern region of China, the West has recently begun to catch up, as both domestic and international capital seeks new opportunities in this rapidly-growing economy.

Western China boasts a population of over 50 million, embracing a vibrant mix of nationalities. At its heart and situated on the ancient Silk Road linking China to the West, the booming city of Urumqi is inhabited by more than 2 million people.

Representing a door to the neighbouring oil-rich states of Central Asia, Xinjiang has become the focus of China’s oil and gas interests. China has been actively strengthening its hand in the industry, having purchased PetroKazakhstan to add to its interest in Mangistau in the Caspian Sea, while also developing its own fields in the Junghar Basin. A major oil and gas pipeline running through Xinjiang province from Atyrau on the Caspian Sea has ensured future supplies from Central Asia and delivery to the East.

The capital Urumqi is beginning to reap the benefits of these developments as well as profiting from the racing Chinese economy. The signs of a forthcoming boom are everywhere, with new building projects dominating the skyline, fully booked hotels and 50 weekly flights, as businessmen flock to see what the region has to offer.

ITE Group Plc has vast experience in organising exhibitions in emerging markets, especially in this region. Some of its exhibitions are the largest in their industries. Many exhibitors have requested that ITE expand their exhibition brands into West China, which has so far lacked any major specialised events.

Chen Yidong, Director of Xinjiang International Exhibition Centre, declared, “It is a great privilege for Xinjiang International Exhibition Centre to sign a long-term contract with such a prestigious exhibition organiser as the ITE Group; it is a sign of the international business community’s increasing interest in our region and we are certain that the experience of ITE will bring many new companies and investors to Xinjiang.”

ITE is excited to open China’s Western door and looks forward to welcoming its many interested clients to Urumqi in 2006, to participate in the Xinjiang International Exhibitions

For further information about this news release, please contact:

Richard Wightman
ITE Group Plc
105 Salusbury Road
London
NW6 6RG

Tel: +44 (0)20 7596 5000
Fax: +44 (0)20 7596 5111
Email: [email protected]
Website: www.ite-exhibitions.com



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