Taipei International Cycle Show kicks off today
The China Post news staff
March 20, 2013, 11:52 am TWN
TAIPEI, Taiwan -- The four-day 2013 Taipei International Cycle Show, one of the top three cycle trade shows in the world and Asia's largest, will launch today at Nangang Exhibition Hall in Taipei, with organizers expecting the event to accommodate 1,092 worldwide exhibitors.
According to the Taiwan External Trade Development Council (TAITRA), the exhibition organizer, over 4,000 international firms have registered for participation in this exhibition this year.
According to TAIRA, this year's event will feature the new exhibition category of Light Electrical Vehicles (LEVs), which joins with the four other categories: complete bicycles, bicycle parts, bicycle accessories and light electric vehicles. Two international extreme biking champions will also show off their stunning kills as part of the show. Domestic and international demand for booth space has far exceeded the slots available this year, TAITRA said.
According to head of the Taiwan Bicycle Exporters' Association Anthony Lo, Asia is the fastest-growing market for the local bike industry. Exports to China, in particular, have maintained double-digit growth. Lo said that the export of high-end bikes to China tripled last year. While the growth is expected to slow down this year, he is optimistic about the outlook for bike exports in 2013.
According to the statistics, the total export volume of the industry amounted to US$1.8 billion, or an increase of 8.68 percent, last year, while exports of bike components reached US$0.92 billion, a rise of 18.30 percent. Given the economic recovery and steady market growth, total exports in the industry are expected to reach US$30 billion this year.
Taipei Cycle Show to Open with Massive Ride
The Cycle Show will be launched with a public biking event, which will be open to everyone. Organized by TERN, a bike manufacturer and a sponsor of the show, the activity will start at 6 p.m. at the TERN Outdoor Test Ride Booth outside the Nangang Exhibition Hall in Taipei. Participants, who must bring their own bike, helmet and lights, will ride along Taipei's riverside bikeway for about 12 kilometers before reaching their destination in Neihu. The first 100 registered cyclists will be awarded a Knog Frog Strobelight as an early bird gift.
"This is a chance for people to get together and share their love of cycling," said Eric Mah, a project manager for consumer marketing at TERN. "It's a great opportunity to meet new people and have some fun," he added.