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Peking University and Global Sources Partnership to Strengthen Competitiveness of China's Exporters

Global Sources
2007-01-19 12:09 1512

BEIJING, Jan. 18 /Xinhua-PRNewswire-FirstCall/ -- Global Sources (Nasdaq: GSOL) and Peking University have formed a partnership to offer world-class export education courses to China's executives. The jointly-developed program, announced at a press conference today in Beijing, is designed to strengthen the competitiveness of China's exporters by teaching them how to better manage buyer relationships.

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Global Sources Chairman and CEO, Merle A. Hinrichs, said: "Peking University is China's most-respected academic institution and ranks among the world's top universities. Global Sources is a pioneer in export education, having already trained over 10,000 China executives through our Export Management Training Program.

"Together with Peking University, we will drive China's trade competitiveness to the next level by giving exporters the knowledge and skills they need to compete in today's global economy."

Founder and Director of the China Center for Economic Research (CCER) at Peking University, Dr. Justin Yifu Lin said: "This partnership will help us better train China's next generation of business leaders as the country's trade relationship with the world evolves."

Also attending the event to show support for the partnership were high-ranking government officials including Gao Hucheng, Vice Minister, Ministry of Commerce of the People's Republic of China.

Vice Minister Gao spoke about 'China Export Trends for 2007', highlighting areas of opportunity for exporters.

The Beijing International MBA program at Peking University is offered by the China Center for Economic Research. It is ranked by Fortune magazine as the MBA educational joint venture whose full-time graduates enjoy the highest starting salary.

Export Management Training Program is part of Global Sources export marketing products and services which include Global Sources trade magazines, Global Sources Online ( http://www.globalsources.com ), Global Sources Direct ( http://www.globalsourcesdirect.com ) and the China Sourcing Fairs ( http://www.chinasourcingfair.com ).

For more information, visit http://corporate.globalsources.com .

About Global Sources

Global Sources is a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other key business segment facilitates trade from the world to Greater China using Chinese-language media.

The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 544,000 active buyers source more profitably from complex, overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in 230 countries.

The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 1.8 million products and more than 130,000 suppliers annually through 11 online marketplaces, ten monthly magazines, over 100 sourcing research reports and 14 trade shows, including six China Sourcing Fairs. Suppliers receive more than 8 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.

Global Sources has been facilitating global trade for 35 years. In mainland China it has over 1,500 team members in 44 locations, and a community of over 1 million registered online users and magazine readers for

Chinese-language media.

About BiMBA

Beijing International MBA at Peking University (BiMBA) is a joint educational venture between a consortium of U.S. universities with Fordham University (New York City, USA) as the degree granting university, and Peking University (Beijing, China), represented by China Center for Economic Research (CCER) at Peking University. BiMBA is also the first joint international MBA program in Beijing approved by the Chinese government.

For more information about BiMBA, visit http://www.bimba.org .

Global Sources Press Contact in Asia:

Camellia So

Tel: +852-2555-5021

Email: cso@globalsources.com

Global Sources Investor Contact in Asia:

Eddie Heng

Tel: +65-6547-2850

Email: eheng@globalsources.com

Global Sources Press Contact in U.S.:

James W.W. Strachan

Tel: +1-602-978-7504

Email: strachan@globalsources.com

Global Sources Investor Contact in U.S.:

Moriah Shilton & Cathy Mattison

Lippert/Heilshorn & Associates, Inc.

Tel: +1-415-433-3777

Email: cmattison@lhai.com

Source: Global Sources
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