Extrusion International 6-2022-USA

8 Extrusion International 6/2022 INDUSTRY NEWS CHINAPLAS 2023  Many companies in Asia are ex- port-oriented nowadays, fueling the expansion of international trade in the region. The Regional Comprehen- sive Economic Partnership (RCEP), en - tered into force on 1 January 2022, is set to create the largest free trade bloc in the world among the 15 signatories, and shall further provide an impetus to Asian production. CHINAPLAS will be staged at the Shenzhen World Exhibi- tion and Convention Center (SWECC), Shenzhen, on April 17-20, 2023. This flagship event for plastics and rub - ber industries shall help buyers unlock the RCEP opportunities, and plug into the prosperous prospects brought by the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Under the theme of "A Brighter and Shared Future, Powered by Inno- vation", CHINAPLAS 2023 will bring together the most innovative plastics solutions and relevant market trends in one place with an exhibition area of 380,000 sqm. Buyers from all over the world shall discover a well mixture of global and Chinese technologies, covering a wide range of application industries that are transforming the end market. The 15 signatories to the RCEP agreement, includingChina, 10ASEAN member states, South Korea, Japan, Australia, and New Zealand, allows preferential market access for specific products in selected RCEP markets. Businesses in the region will now ben- efit from tariff elimination on more than 90% of goods over time. These products range from plastics and mineral fuels to miscellaneous food preparations and beverages, and oth- er chemical products. With this fresh impetus injected by the RCEP, Asia is growing into the global manufactur- ing hub. According to the statistics from the United Nations, Asia’s industrial value- added rose significantly from US$2.7 trillion in 2000 toUS$9.4 trillion in 2019, whilst Asia’s share of world industrial value-added expanded from 35.9% to 50.9%. Among them, the share of China rocketed from 6.4% to 24.9%, while the share of ASEAN also went up from 2.8% to 4.8%. Focusing on the 15 members of the RCEP, they had a combined share of 40.2% by 2019, compared to 29.4% in 2000. Data re- vealed by Chinese Customs shows that, in 2021, imports and exports between China and the other 14 RCEP members totalled RMB 12.07 trillion (up 18.1% by year), accounting for 30.9% of Chi - na’s total foreign trade value. Thanks to the liberalization under the RCEP, such development is expected to grow further in the next decade and create tremendous prospects for plastics and rubber industries. Plastindia 2023 1 - 5 February, 2023 NewDelhi / India www.plastindia.org ICE Europe 2023 14 - 16March, 2023 Munich / Germany www.ice-x.com KOPLAS 14 - 18March, 2023 Goyang / Korea www.koplas.com Chinaplas 2023 17 - 20 April, 2023 Shenzhen / PR China www.chinaplasonline.com interpack 2023 04 - 10May, 2023 Düsseldorf, Germany www.interpack.de PLAST 2023 05 - 08 September, 2023 Milan, Italy www.plastonline.org SCHWEISSEN& SCHNEIDEN 11 - 15 September, 2023 Essen, Germany www.schweissen-schneiden.com POWTECH 26 - 28 September, 2023 Nuremberg / Germany www.powtech.de Interplas 26 - 28 September, 2023 Burmingham / UK interplasuk.com Fakuma 2023 17 - 21 October, 2023 Friedrichshafen / Germany www.fakuma-messe.de SPE Thermoforming Conference 2023 24 - 26 October, 2023 Cleveland, Ohio, USA https://thermoformingdivision.com CHINAPLAS 2023 will be held at the Shenzhen World Exhibition and Convention Center (SWECC) on April 17-20, 2023