Wisconsin Department of Commerce Newsletter
August 2006
Joint Wisconsin/Minnesota Delegation to China Medical Equipment Fair

Wisconsin and Minnesota will join forces to take a business development delegation to participate at the China Medical Equipment Fair (CMEF) in Zhengzhou, the capital of Henan Province in Central China. Business matchmaking meetings in Shanghai will also be arranged for participants. CMEF was been chosen because of its track record and growing opportunities in China. The show has been the premier medical exhibition in Asia for 26 years, attracting exhibitors from many countries as well as local Chinese firms.

China's medical device market is one of the largest and fastest growing, according to the U.S. Department of Commerce. Imports account for about 70 percent of China's $6 billion medical device market, and the US supplies approximately 35 percent of those imports. Japan ranks #2 with 25 percent. China's market for imported medical devices is growing at about 15 percent annually. In 2005, Wisconsin sold $142 million of medical equipment and precision instruments to China, a 22 percent over the previous year. China is Wisconsin's fastest-growing export market and our fourth -largest export market overall. Additional information about the show can be found at www.cmef.com.cn. To register for the delegation or to obtain further information, contact our Asia Specialist, Beng Yeap, (608) 266-1480.

-- Stanley Pfrang

The newsletter is issued electronically every other month.

Please send comments or questions to Barbro McGinn, editor.

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