Taipei opens 1st e-com­merce expo

The China Post - - TAIWAN BUSINESS -

The latest in­no­va­tions in elec­tron­ics are on show at the 2015 Taipei In­ter­na­tional Elec­tron­ics Show ( ), held this year with Tai­wan’s first trade fair fea­tur­ing e-com­merce.

The 2015 E-Com­merce Expo Asia ( ) brings to­gether 120 booths rep­re­sent­ing 50 e-busi­nesses from around the world. It also hosts talks and fo­rums on trends in Asian e-com­merce.

The lineup of speak­ers at to­day’s Asia eCom­merce Fo­rum in­cludes Scott Beau­mont, pres­i­dent of Google of Greater China; Christina Lin, di­rec­tor of Face­book’s di­vi­sion for small and medium-sized en­ter­prises in Greater China; and Alan Lan, head of online sales at Twit­ter in Greater China.

The Asia-Pa­cific re­gion is the fastest-grow­ing e-com­merce mar­ket in the world, ac­cord­ing to Peter Huang ( ), pres­i­dent of Tai­wan Ex­ter­nal Trade De­vel­op­ment Coun­cil (TAITRA), a co-or­ga­nizer of both shows.

The num­ber of In­ter­net users in the re­gion is set to reach 300 mil­lion in three years and online re­tail trans­ac­tion vol­ume could hit US$21.8 bil­lion, Deputy Eco­nom­ics Min­is­ter Bill Cho ( ) said yesterday.

Cho said newly rat­i­fied leg­is­la­tion on third-party pay­ment plat­forms will in­tro­duce new mo­bile pay­ment ser­vices to the mar­ket soon and bol­ster Tai­wan’s ICT sec­tor.

Tai­wan’s first E-Com­merce Expo Asia runs at the Taipei Nan­gang Ex­hi­bi­tion Cen­ter, Hall 1 from now to Oct. 9.

41st Elec­tron­ics Fair

Held con­cur­rently at the same venue is the 2015 Taipei In­ter­na­tional Elec­tron­ics Show (

), which show­cases the latest in elec­tronic com­po­nents, smart liv­ing and con­sumer elec- tron­ics, broad­band and cloud tech prod­ucts and LED light­ing and ap­pli­ca­tions.

Co-or­ga­nized by TAITRA and the Tai­wan Elec­tri­cal and Elec­tronic Man­u­fac­tur­ers’ As­so­ci­a­tion, this year’s fair is themed “green elec­tron­ics, smart liv­ing.”

It brings to­gether 530 ven­dors at over 1,000 booths and is ex­pected to draw nearly 40,000 do­mes­tic and in­ter­na­tional buy­ers and in­dus­try mem­bers, or­ga­niz­ers said.

The Taipei In­ter­na­tional Elec­tron­ics Show, now in its 41st year, is one of the coun­try’s longestrun­ning trade fairs and among the most im­por­tant, Huang said.

Elec­tron­ics are Tai­wan’s most im­por­tant ex­port sec­tor: In 2014, the ex­port value of elec­tron­ics and re­lated prod­ucts reached US$123.5 bil­lion, ac­count­ing for 40 per­cent of to­tal ex­ports, Cho said yesterday.

Last year, Tai­wan ex­ports posted an­nual growth of 8.6 per­cent, higher than the over­all ex­port growth of 2.7 per­cent, he said.

Even in a re­ces­sion, the elec­tron­ics sec­tor has en­joyed fairly sta­ble growth and in­no­va­tion. In 2014, pro­duc­tion value in the elec­tron­ics in­dus­try grew 7 per­cent year-onyear to US$154.6 bil­lion, twice the gain seen in the over­all man­u­fac­tur­ing sec­tor, he said.

Photo cour­tesy of TAITRA

Deputy Eco­nom­ics Min­is­ter Bill Cho ( yesterday.

) tests out a new ap­pli­ca­tion while trade rep­re­sen­ta­tives look on at the Taipei In­ter­na­tional Elec­tron­ics Show in Taipei,

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