Overseas Investor Services Announces Construction Starts on the First Permanent Global Wine Expo in China

HUAILAI, China--(BUSINESS WIRE)--Overseas Investor Services CEO Kevin Fitzgerald announced the ground breaking for FLOWER VALLEY GLOBAL WINE EXPO in China’s most prominent wine region (www.flowervalleywinery.com). Located in northwest Beijing, the Expo is an easy daytrip for over fifty million residents of the country’s northeastern metro areas and only 15 minutes from the main entrance to the Great Wall of China.

“The Expo will be more like a World’s Fair than traditional wine shows”

“The Expo will be more like a World’s Fair than traditional wine shows,” said Fitzgerald, “with large individual Pavilions housing wine producers from around the globe.” Fitzgerald added, “It is also being built for the long-term with a 50-year ground lease.” Select Pavilions are expected to house other purveyors of luxury items that are enjoyed by wine appreciators to broaden the appeal and enrich the overall visitor experience. The Expo will also offer conference facilities and host special events, such as weddings in an environmentally pristine setting.

Wine companies that participate will also have the very rare opportunity to own and operate a retail distribution company in China. Fitzgerald said, “China authorities have pre-approved the formation of 40 Wholly Foreign Owned Enterprises to allow each member distinct competitive advantages in China.” Fitzgerald added, “Given the issues that many wineries have encountered with excessive mark-ups, counterfeiting and lack of attention in huge distributor portfolios, this could be a game-changer.”

U.S. and China industrialist Dr. Joe Chuang created the Expo concept. The Napa Valley resident owns vineyards and produces wine in both the U.S. and in China. Fitzgerald said, “Dr. Chuang is a visionary with a big heart and there will be a significant philanthropic component to the Expo.”

China, the fastest growing wine market in the world, recently released statistics that show the volume of wine imported into China grew 109% in just two years from 2009 – 2011. The country’s overall wine consumption has nearly tripled since 2005.

About OIS: Overseas Investor Services LLC (www.ois-usa.com) identifies and capitalizes on cross-border investment opportunities and strategies between the United States and China, the world’s two largest economies. OIS has been engaged by the principals of the Flower Valley Global Wine Expo to assist in developing the roster of wineries that will become members of the Expo.