EXHIBITIONS
CHINAPLAS moves to Shenzhen for April 2021 debut Embrace new economic development, seize opportunities in Greater Bay Area
T
he 34th edition of CHINAPLAS has been rescheduled to April 13-16, 2021, at a new venue -- Shenzhen World Exhibition & Convention Center. This will be the first time for CHINAPLAS to be held in Shenzhen. The trade fair will alternate between Shenzhen (odd years) and Shanghai (even years) in the future, continuing to empower upstream and downstream plastics and rubber companies to uncover greater opportunities in the new phase of China’s economic development. Adsale Exhibition Services Ltd., organizer of CHINAPLAS 2021, held a press conference, leveraging online video conferencing tools for the first time to virtually communicate and interact with more than 100 Chinese and international media. During the press conference, Mr. Stanley Chu, Chairman of Adsale, Ms. Ada Leung, General Manager of Adsale, and Ms. Norris Chu, Project Director of Adsale, announced the latest updates about the trade show, shared word of emerging developments from a new starting point, and discussed postpandemic opportunities in the plastics and rubber industries. Focus on Greater Bay Area’s geographic advantages “Shenzhen combines China’s enormous market potential and its unique geographic advantages, and the upcoming CHINAPLAS will help to position the plastics and rubber industries to seize new growth opportunities,” Ada Leung said.
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Plastics
The fairground is situated at the heart of the Greater Bay Area
Unparalleled advantages of domestic market - Impacted by COVID-19 pandemic, the global economy is in a deep recession. Facing downward pressure from foreign trade, China’s State Council is redirecting the economic focus from export to a domestic-demand-driven model as the new normal. China’s 1.4-plusbillion population and 400-plus-million middle-income consumers represent the largest such grouping in the world, with consumption potential unmatched by any other economy. The expansion of China’s middle class has created tremendous potential for consumption upgrading. In
& Rubber
recent years, some labor-intensive and low-end manufacturing work has shifted to other countries. The impact of COVID-19 is reshuffling the global economy and triggering major changes in manufacturing supply chains. China is repositioning itself in the global value chain and climbing toward the higher-end with high-tech products increasingly flowing from China to overseas markets, including such items as communications equipment, highspeed rail systems, and drones. Driven by research and innovation, industries continue to reform and upgrade, in turn increasing the demand for
..............................................................OCTOBER 2020