Chinaplas, Asia’s premier plastics and rubber trade fair, is set to make a resounding return to Shanghai from April 23 to 26, 2024. Spanning all 15 exhibition halls of the National Exhibition and Convention Center (NECC) in Hongqiao, Shanghai, PR China, the event will boast an exhibition area exceeding 380,000m2.
The plastics and rubber industries are at the forefront of transformative market trends, emphasising decarbonisation and high-value utilisation. Chinaplas is committed to driving the high-end, intelligent, and green evolution of the sector. This highly anticipated reunion in Eastern China marks the event’s resurgence in Shanghai after a six-year hiatus, heightening expectations within the industry.
Against the backdrop of the global economic landscape, the Regional Comprehensive Economic Partnership (RCEP) took effect in the Philippines on June 2, 2023, fostering economic collaboration among its 15 signatories. With China emerging as a pivotal trading partner for most RCEP members, the import-export volume between China and other signatories reached RMB 6.1 trillion (USD 8,350 billion) in the first half of 2023, contributing over 20% to China’s international trade growth.
China’s appeal to overseas businesses remains strong, with an influx of Foreign Direct Investment (FDI): From January to August 2023, China attracted RMB 847.17 billion (USD 116 billion) in FDI, witnessing a 33% year-on-year growth. The plastics and rubber industries, integral to manufacturing, are poised to capitalise on this momentum, attracting interest from diverse end-user industries seeking cutting-edge solutions in response to the evolving global economic landscape.
The organisers say that Chinaplas 2024 has garnered positive feedback internationally, with business associations and companies from various countries and regions expressing anticipation and support. Overseas delegations are being organised, underscoring the global resonance of this event.
A confluence of global and domestic dynamics
Beyond the rebound in foreign trade, domestic demand is claimed to experience robust recovery. China’s manufacturing industry is focused on high-quality development, emphasizing smart manufacturing and high value-added production. The Ministry of Industry and Information Technology, in collaboration with relevant departments, has outlined ambitious growth plans for key industries, including chemicals, aligning with broader economic goals.
Shanghai, hosting Chinaplas 2024, has unveiled a three-year (2023-2025) action plan to promote the high-quality development of the city’s manufacturing industries, contributing over one-fourth to the regional GDP. The pre-packaged food market in China is projected to reach RMB 510 billion (USD 69.8 billion) in 2023, presenting substantial opportunities for the packaging market. Additionally, China’s medical device market, already the second-largest globally, is rapidly evolving, with active medical device market size expected to reach RMB 49.6 billion (USD 6.8 billion) by 2030.
The industrial transformation is accelerating, creating new impetus for growth. The burgeoning demand for exhibition booths at Chinaplas 2024 reflects the renewed confidence in the plastics and rubber industries. The exhibition area is set to expand by over 11% compared to the 2018 show in Shanghai, indicating a diverse range of exhibits and participants.
With over 4,000 exhibitors, Chinaplas 2024 is poised to showcase breakthrough technologies and limitless potential for independent innovation. The online pre-registration has commenced, urging all visitors to secure their entry dates in advance. As the “golden key” to technological innovation, the trade show is primed to drive the high-quality development of the plastics and rubber industries.
For more information and pre-registration, please visit www.chinaplasonline.com