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China's economy is showing signs of quick recovery while Asia acts as the locomotive of the global economy. As the economy continues to rebound, the exhibition industry, which is regarded as an economic barometer, is experiencing a strong recovery. Following its impressive performance in 2023, CHINAPLAS 2024 will be held from April 23 - 26, 2024, occupying all 15 exhibition halls of the National Exhibition and Convention Center (NECC) in Hongqiao, Shanghai, PR China, with a total exhibition area of over 380,000 sqm. It is ready to receive more than 4,000 exhibitors from around the world.
The market trends of decarbonization and high-value utilization are unlocking the golden opportunities for the highquality development of the plastics and rubber industries. As Asia’s no. 1 plastics and rubber trade fair, CHINAPLAS will spare no efforts to promote the high-end, intelligent, and green development of the industry. The exhibition is making a strong comeback to Shanghai after a six-year absence, upholding the anticipation within the plastics and rubber industries for this reunion in Eastern China.
The industrial sector is the cornerstone of the macro-economy and the frontline for stable growth. Starting from June 2, 2023, the Regional Comprehensive Economic Partnership (RCEP) officially took effect in the Philippines, remarking the full implementation of RCEP among all 15 signatories. This agreement allows for the sharing of economic development benefits and reinforcing the growth of global trade and investment. For most RCEP members, China is their largest trading partner. In the first half of 2023, the total import and export volume between China and other RCEP members reached RMB 6.1 trillion (USD 8,350 billion), contributing over 20%to China's international trade growth. In addition, as the "Belt and Road Initiative" celebrates its 10th anniversary, there is a pressing demand for infrastructure and manufacturing industry, and the market potential along the Belt and Road routes is poised for development.
The global buyer team of the show organizer has received positive feedback during their visits to overseas markets. A number of business associations and companies from various countries and regions have expressed their anticipation and support for CHINAPLAS 2024, and have started organizing delegations to join this annual mega event.
Seizing New Opportunities in China’s Market
Besides the rebound of foreign trade performance, domestic demand is also seeing a strong recovery. In recent years, China's manufacturing industry has been striving for high-quality development, high value-added and smart manufacturing. Among them, the Ministry of Industry and Information Technology in China, in collaboration with relevant departments, has released robust growth plans for ten key industries, including chemicals, building materials, automobiles, light industry, and electronic information manufacturing industry etc. It imperatively promotes the application of innovative products such as new energy vehicles, smart home appliances, green building materials in rural areas, high-end medical equipment, and robotics.
Shanghai, holding for CHINAPLAS 2024, has released a three year (2023-2025) action plan to promote the high quality development of the city’s manufacturing industries, and strengthen of the manufacturing industry's role in supporting the overall economic development of the city, accounting for over one-fourth of the regional GDP.
The industrial transformation is accelerating, and new impetus is becoming more prominent. "This year, during our communications with plastics and rubber suppliers, we evidently felt that both overseas and local companies have vast confidence in the Chinese market and are very optimistic about exploring business opportunities in China,” said Ada Leung, General Manager of Adsale Exhibition Services Ltd., the organizer of CHINAPLAS.
Time to Show-off Innovative Products and Technologies to the World
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The immense demand of exhibition booths in CHINAPLAS 2024 shows that the confidence of the plastics and rubber industries has recovered just like the economy does. "Reserving booths, showcasing capabilities, capturing business opportunities, and building brand awareness" have become the must-do list of exhibitors to demonstrate their strengths in the post pandemic era. In response to the exhibiting demand from the industry, the exhibition area will increase by over 11% compared with the show in 2018 at the same venue in Shanghai.
During the expansion of the show, it is expected to have a more diverse range of exhibits in the fairground, as well as exhibitors. International exhibitors are returning to the exhibition enthusiastically and European pavilions are foreseen to regain their pre-pandemic scale. State-owned enterprises and private companies in China, including “Professionalization, Refinement, Specialization and Innovation (PRSI)” enterprises and “Little Giant” companies, shall shine together on the stage. These industrial leaders are bringing breakthrough technologies and showcasing limitless potential for independent innovation. The technologies of plastics and rubber industries have evolved rapidly, with its applications continuously expanding and developing. With over 4,000 exhibitors, professional trade buyers in different application sectors will find a variety of advanced and environmentally friendly solutions as well as intelligent manufacturing technologies for the exploration of innovation, skill enhancement, efficiency improvement, and rapid response to market demands. Technological innovations, serving as the "golden key”, will foster the high-quality development of the plastics and rubber industries.
Online Pre-registration is Open.
