Global Update

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The list of products sought by Chinese buyers from throughout the country is growing. Buyers are already confirmed to attend the 2011 SEMA CIAPE China Business Development Conference taking place in Beijing, China, September 7–10.

A delegation of 11 officials from five Chinese government agencies, including the Ministry of Commerce (MOFCOM), visited SEMA for a day of discussion on the specialty-equipment market in the United States.

The influential Brazilian consumer magazine Fullpower is launching two vehicle projects and seeks partners for its builds.

In response to a number of calls and e-mails, priority registration for the SEMA China Business Development Conference has been extended until July 15. Don't miss the opportunity to learn about the potential for your products in the growing Chinese market.

U.S. specialty-parts manufacturers have until June 15 to register online at www.sema.org/china to participate in three days of one-on-one meetings with Chinese buyers and networking events, as well as tour the China International Auto parts Expo (CIAPE). Hotels, meals and an interpreter are included.

For more information, contact Linda Spencer at lindas@sema.org.

As incomes rise in China, so does interest in owning cars that show off financial status. In China, a “musclecar” can do that. There currently isn’t much of a musclecar segment in China. But foreign automakers are betting that they can create one with thorough marketing. And the buyers will be considerably wealthier than your average musclecar customer in the United States

SEMA members are invited to attend several networking events, including a seminar on the UAE specialty-equipment market on June 8, and a SEMA-sponsored dinner with selected key accessories and performance distributors.

SEMA members are heading to Beijing, China, September 7–10, 2011, for the SEMA CIAPE China Business Development Conference to learn about the potential for their products in the vast Chinese market. Focus groups with local media, one-on-one meetings with buyers from all regions of China and other networking events are planned for those participating in this low-cost program, which also includes hotels, meals and interpreters.

The Generalized System of Preferences (GSP) program, which provides duty-free treatment to several thousand products imported into the United States from more than two-thirds of the world's countries expired at the end of last year.