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Highlights at 2010Prime Source Forum (PSF)

Highlights at 2010Prime Source Forum (PSF)

Write: Falk [2011-05-20]

The first day (March30) of PSF keynote speech was "Cultural Understanding of China in Rapid Transformation-Beyond Luxury Consumption" by Mr. Andrew Y.Wu, LVMH Group Director, China. His speech was humorous and full of wisdom. It aroused blasts of applause from the audiences.He expounded the development and change in China during the recent 20 years,especially the change of concept in fashion and consumption.

PPT made by Mr. Andrew Y.Wu(1)

PPT made by Mr. Andrew Y.Wu(2)

The second day (March31) of PSF special address " Global Sourcing after the Crisis-Lessons learnt- Is China still the No.1 Sourcing Country?" by Prof. Dr. Helmut Merkel, Managing Shareholder, EurAsia Global Concept Ltd.He affirmatively said China is still the No.1 Sourcing Country after the Crisis based on the data he collected. He explained that it is because China has abound of skillful workers, long coastline and opening-up policy. He cited some data from EFU (www.efu.com.cn), for example the China garment enterprises data base. He told Anny (a representative from EFU) that he wants to be a member of EFU.

Data from EFU cited by Prof. Dr. Helmut Merkel

(Remarks: Anny helped Prof Helmut to register on EFU successfully and received a thanking-letter from Prof Helmut:

Dear Anny,

Fantastic - thanks a lot ! I will make EFU well known in the western world !

Yours Helmut )

Many well-known garment industry high-tech IT suppliers and global logistic companies are not only the sponsors of PSF, but also set up booths before the PSF theatre to communicate with peers.

Avery Dennison

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