Zurich trade and industry has made huge contributions towards the development of the economic condition of Switzerland. Excellent prospects of trade and industry in Zurich, its superb transport system and impressive education system, has made it one of the most flourishing cities in Europe. The population of Zurich is one sixth of country's population and thus comprises a workforce of approximately 700,000 people. The profit derived from the Zurich trade and industry makes up one fifth of the national income.
The service industry is the most predominant sector of Zurich economy. This sector itself employs nearly four fifths of the work force of the nation. The financial and insurance sectors of the city account for over 20% of employees. Other important Zurich industries include machine manufacturing, light industry, textile industries and tourism. Most Swiss banks have their headquarters located in Zurich. Several foreign banks are also situated in the greater Zurich region. The Zurich Stock Exchange or SWX Swiss Exchange established in 1877 plays a vital role in the growth of trade and industry of Zurich. It is the fourth most important stock exchange in the world and is the world's largest trading center of gold. A survey in 2000 showed that over 6,500 new companies were established in Zurich over the few years. On an average, nearly 6,000 new companies are developed across the city every year.
In keeping with the fast growth of trade and industrial sectors of Zurich, quite a number of trade shows are
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held in the city throughout the year. Some of the famous trade shows in Zurich are as follows:
Beauty Forum Swiss is held in the month of March at the Exhibition Center Zurich. This show represents the ideal platform to update all new products of treatment and technology. This show offers several opportunities to expand business in various sectors.
Personal Swiss is held at Exhibition Center Zurich during the month of April. It is the meeting square for suppliers of HR services and products and also HR managers from administrative industries and public services.
Sicherheit is a trade show held in April at the Exhibition Center Zurich. This show focuses on the Swiss safety and security industries.
IFAS-Medical & Hospital Equipment Exhibition is held during the month of October. This is one of the leading platforms of the nation to promote the Swiss medical industry and public health service.
Powertage Expo is held in the moth of June at Messezentrum Zurich, where the power engineering industries meet the domestic and foreign manufacturers of technologies to expand the business of their respective fields.
Zurich trade and industry has flourished in various fields including hardware, cements trading companies, security control equipment, communication equipment industry, shipping services, glass and ceramics, industrial tools and so on.
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