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Number of booths for 2006 cycle show rises by 5%

The 2006 Taipei International Cycle Show -- the largest bicycle industry showcase in Asia and the third largest of its kind in the world -- is schedule to be held March 8-11 at the Taipei World Trade Center.

More than 2,100 booths will be set up by 650 foreign and domestic companies.

The number of booths represents a 5 percent increase over the figure for the previous year, according to the event's organizer, the Taiwan External Trade Development Council (TAITRA, 外貿協會).

The Taipei International Cycle Show, the world's third largest behind only the annual events held in Germany and the US, expects to attract more than 4,000 buyers from around the world this year, including the Italian maker Atala S.P.A. and the Halfords Group from the UK, TAITRA said, noting that the two big buyers plan to hold procurement workshops during the fair.

Taiwan's bike industry has succeeded in transforming itself into one with world-acclaimed brand names, such as Giant and Merida, from one made up of traditional contract manufacturers.

According to statistics, Taiwan exported 2.775 million bicycles in the first six months of last year, with the total value of the exports reaching US$52.27 million.
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