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The opening of the book fair comes to a halt and delays the industry: heavy losses, or the closing of small and medium book vendors

2020-07-15T04:37:24.927Z


When the epidemic hit, the HKTDC dragged it out two days before the opening of the Hong Kong Book. It was only yesterday (13th) that it was anxious to announce the suspension of the extension. Peng Zhiming, the spokesperson of the 2020 Book Fair Concern Group and the president of the Subculture Hall, criticized that about 40% to 50% of the annual income of small and medium-sized book sellers comes from the book fair. The TDC has not notified the exhibitors as early as possible. The layout of the site caused heavy losses, or there is a wave of closing of small and medium-sized booksellers. Peng revealed that many exhibitors are organizing online book fairs and new book promotion, hoping to make up for the loss, and hope that the government will introduce measures to support the industry to overcome difficulties.


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Written by Deng Yinglin

2020-07-14 12:21

Last update date: 2020-07-14 12:24

When the epidemic hit, the HKTDC dragged it out two days before the opening of the Hong Kong Book. It was only yesterday (13th) that it was anxious to announce the suspension of the extension. Peng Zhiming, the spokesperson of the 2020 Book Fair Concern Group and the president of the Subculture Hall, criticized that about 40% to 50% of the annual income of small and medium-sized book sellers comes from the book fair. The TDC has not notified the exhibitors as early as possible. The layout of the site caused heavy losses, or there is a wave of closing of small and medium-sized booksellers. Peng revealed that many exhibitors are organizing online book fairs and new book promotion, hoping to make up for the loss, and hope that the government will introduce measures to support the industry to overcome difficulties.

Peng Zhiming, the spokesperson of the 2020 Book Fair Concern Group and the president of the Subculture Hall, described the extension of the book fair as a big blow to the industry, or there is a wave of small and medium-sized book vendors closing. (Photo/Photo by Zhang Haowei)

Peng Zhiming, spokesperson of the 2020 Book Fair Concern Group and president of the Subculture Hall, said in the Metro Radio program that health experts had long advised against the book fair and some exhibitors demanded an extension. The TDC should decide earlier. He said that when the TDC announced the extension of the book fair, the exhibitors had already brought the books to the exhibition and arranged the venue. Now they need to find another warehouse to store the books, which caused heavy losses. He described the extension of the book fair as a big blow to the industry, or the current wave of closing of small and medium-sized book vendors.

Some people have indicated that the book fair will be postponed to September or even December. Peng Zhiming bluntly said that the epidemic situation is unpredictable. Whether the book fair can be successfully held is still unknown. He revealed that many exhibitors are organizing online book fairs and new book promotion, hoping to make up for the losses, and hope that the government will support the industry in overcoming difficulties.

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The Hong Kong Book Fair is one of Hong Kong’s annual events and attracts a large number of citizens. (Profile picture)

Book Fair Exhibitors: The delay affects at least 10,000 to 20,000 yuan in storage losses

Xie Wenjie, one of the book fair exhibitors and Starry Night Publishing Manager, also said on the Hong Kong and Taiwan programs that delaying the book fair under the epidemic is a reasonable decision, rather than abolishing the ideal, which is a "no way out." However, the TDC had insisted on continuing the "tone" that the industry had prepared for the book fair, and the delay would have a great impact on the industry.

For example, Xie Wenjie pointed out that Starry Night Publishing has designed booths, arranged transportation and book fair manpower. Yesterday, it received an email notification that the book fair is to be postponed, and the loss is expected to be at least 10,000 to 20,000 yuan. He also said that most of the publishing industry published new editions of new books in June and July. Since the books have been printed, the storage fee is difficult to estimate and will continue to be launched on the market and be converted to centralized online sales.

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Source: hk1

All news articles on 2020-07-15

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