Economy, Business And Markets

Chinese Home Furnishing Expo in Tehran

Chinese Home Furnishing Expo in TehranChinese Home Furnishing Expo in Tehran

Chinese cross-border eCommerce company Global OConnect has launched its Foshan City home furnishing exhibition in the Iranian capital, Tehran.

The new exhibition is divided into two sections. The first displays household electrical appliances, building and sanitary materials and home furniture products, which will run until until December 25. The second aims to introduce the theme of Foshan Household Essentials in the Iranian market over the next 12 months, reported.

Participating Chinese companies will also conduct field research and visits to decide if and when to set up local factories and invest in Iran’s potential markets directly.

Foshan municipal government has shown great support for the exhibition and related investment opportunities, based on new economic relationships between the two countries. As a result of the lifting of western sanctions, China promised to increase bilateral trade to $600 billion over the next 10 years.

Governor of Guangdong Province Zhu Xiaodan later signed a memorandum of understanding to promote partnerships between the free trade zones of Guangdong and Qeshm, an Iranian Persian Gulf island. The provincial government also sponsored the setting up of halls in Iran to further market the competitive advantage of the home furnishing industry in Foshan City.

Foshan neighbors two Chinese strategic ports-Guangdong City and Hong Kong–and is historically famous for high-quality yarn and pottery. Its Longjiang Town is known as the most trustworthy producer of Oriental-styled furniture in China. Taking advantage of such popularity, Foshan has managed to increase export volume and is committed to encourage Chinese companies to invest overseas.

Established in 2015, OConnect has successfully established similar halls in Russia, the UAE, Poland, Vietnam and Canada. Besides being able to see and examine products they may want, local retailers can also take full advantage of real-time communication before signing contracts, which clear the way for improved cooperation in future.

With Chinese companies setting up factories in Iran after the exhibition, the company is committed to bringing in the brand new concept of “21st Century Made-in-China”, showcasing the integration of technology, design and quality of modern Chinese manufacturing.

Foshan City is located at 9 km Old Tehran-Karaj Road Shahid Mohammadpour Street.


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