RSE Wins Three Inaugural Alibaba Goldfinger Awards

Main Category: Pharma Industry / Biotech Industry
Article Date: 31 Jan 2008 - 2:00 PDT

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REED SINOPHARM, a joint venture between China National Pharmaceutical Group (SINOPHARM) and Reed Exhibitions, is pleased to announce that three of its flagship shows "China International Medical Equipment Fair" (CMEF), "PharmChina" and "API China" received inaugural Alibaba Goldfinger Awards in their respective categories of medical equipment, medical and pharmaceutical finished products and pharmaceutical ingredients. The awards were presented on January 12, 2008 in Hangzhou at the inaugural Goldfinger Awards for China Leading Industry Brands Exhibitions ceremony. This ceremony is co-organized by Alibaba and the Asia Event Fortune Forum.

Alibaba.com is a leading international e-commerce brand and the most established online marketplace for Chinese traders to connect with suppliers from around the world. The initiation of the first Goldfinger Awards this year sets an elevated benchmark for domestic trade shows and will help to strengthen China's reputation as the key destination for exhibitions that boast world-class standards.

"The awards are a strong affirmation from the industry and our customers," said Mr. Dong Wei Ping, General Manager of Reed Sinopharm Exhibitions (RSE). "We are very encouraged by the industry's confidence in our events as effective business-matchmaking and networking platforms where key industry players can congregate as a community."

The four-month selection process included a rigorous evaluation that scrutinized nearly 40 different marketplace sectors including medical, chemical, consumer goods, furniture, construction materials, and real estate among others. A professional panel comprising trade media specialists and trade exhibition experts voted and assigned points for each nominated show. In addition, industry players cast their votes online through Alibaba's online portal. Nearly 24 million buyers and sellers voted.

The expert panel and polled industry players accounted for 40% and 50% respectively of the votes cast. And the remaining 10% of votes were determined by the extent of media coverage and influence to decide the top three industry brand exhibitions in China for multiple industry segments. Key criteria for evaluation included the influence of the show in the industry, its level of internationalization, brand value, reputation, the industry's level of loyalty to the show and its social influence. These measurable and objective considerations distinguish Alibaba's Goldfinger honors from most other trade exhibitions awards. For more information about the poll, please visit http://www.alibaba.com.

The award ceremony attracted over 400 professionals from exhibition management companies, venue operators and exhibition service providers across China as well as government leaders from Chinese cities with leading exhibition facilities.

"We are delighted and honored by the industry recognition," said Paul Lee, Vice President, Reed Sinopharm Exhibitions. "This will further propel RSE to continue to fulfill the needs of the industry and customers by striving toward greater innovation, leveraging technology, understanding customers' objectives, and staying close to them through research and regular, effective contact."

About Reed Sinopharm Exhibitions

Reed Sinopharm Exhibitions Co. Ltd (Reed Sinopharm) is a joint venture between Sinopharm, the largest state owned pharmaceutical group in China, and Reed Exhibitions, the world's leading organizer of trade and consumer exhibitions with a portfolio of over 430 events in 32 countries. As the leading professional, specialized trade show and conference business organizer of medical, healthcare and pharmaceutical events in China, Reed Sinopharm covers the entire supply chain and is dedicated to the medical, pharmaceutical and healthcare industry sectors. Reed Sinopharm organizes and manages numerous exhibitions and fairs that rank among the largest in its niche sectors worldwide.

For more information about Reed Sinopharm and its services, visit http://www.reed-sinopharm.com.

To get latest updates on Reed Sinopharm's award-winning shows, visit: China International Medical Equipment Fair , PharmChina , and API China .

About Alibaba

Alibaba.com (HKSE:1688), a member of the Alibaba Group of companies, is one of the world's premier e-commerce brands and the number one online marketplace for global and domestic China trade. It provides an efficient, trusted platform for connecting small and medium-sized buyers and suppliers from around the world. Together, its marketplaces form a community of more than 24 million registered users from over 200 countries and regions.

http://www.Alibaba.com