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many Asian companies are now export-oriented, spurring the expansion of international trade in the region. The Regional Comprehensive Economic Partnership (RCEP), which entered into force in January 2022, will create the world’s largest free trade area among the 15 signatories, further boosting Asian production. Chinaplas, Asia’s largest plastics and rubber trade fair, has announced that an industry insider will unlock his RCEP opportunity, Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The event will be held from April 17-20, 2023 at the Shenzhen World Exhibition and Convention Center (SWECC) in Shenzhen.
Under the theme of “Brighter and Shared Future Fueled by Innovation”, Chinaplas 2023 will highlight innovative plastic solutions and related market trends in an exhibition area of 380,000 square meters. According to the event organizer, Adsale Exhibition Services Ltd. (Adsale), global plastics industry participants will have a balanced mix of international and Chinese technologies covering a range of applications that will transform end markets. will discover.
Trade bloc turns Asia into a global manufacturing hub
15 signatories The RCEP Agreement — China, 10 ASEAN Member States, South Korea, Japan, Australia and New Zealand — grants priority access to certain products in selected RCEP markets. Businesses in the region will benefit from tariff elimination.>90% of ngOdds over time. These products range from plastics and mineral fuels to a variety of food preparations and beverages and other chemical products. RCEP supports Asia’s growth as a global manufacturing hub.
according to According to United Nations statistics, Asia’s industrial value added increased significantly from $2.7 trillion in 2000 to $9.4 trillion in 2019, and Asia’s share of global industrial value added increased from 35.9% to 50.9%. Did. China’s share surged from 6.4% to 24.9%, and ASEAN’s share also rose from 2.8% to 4.8%. The 15 RCEP members had a combined 40.2% share by 2019 compared to 29.4% in 2000. It increased by 18.1% year-on-year, accounting for 30.9% of China’s total foreign trade. Further growth is expected thanks to liberalization under RCEP, creating great prospects for the plastics and rubber industry, according to Adsale.
GBA is uniquely positioned to maximize growth under RCEP
Businesses in the GBA region can: Take advantage of the global opportunities offered by RCEP. Especially Shenzhen and Hong Kong create synergies Accelerate your company’s global expansion. Shenzhen is expected to further develop into a center of innovation, entrepreneurship and creativity with strong policy support from the central government. Hong Kong, with its strength as an international trade hub, has been an excellent business platform for outbound investments from the mainland, including investments in ASEAN and other his RCEP members. These advantages make Shenzhen and Hong Kong uniquely important for global expansion, Adsale said.
Bright future with innovation
In April 2023, Chinaplas will return to Shenzhen, the gateway city of GBA, It is not only RCEP, but also a thriving innovation and technology hub in Southern China. The upgraded technology and smarter solutions on display at Chinaplas 2023 will help the industry capitalize on new opportunities at his RCEP and GBA and respond to rapidly changing markets in real time.
moOver 3,900 exhibitors expected Chinaplas 2023It includes 8 pavilions with exhibitors from Austria, France, Germany, Italy, Japan, Switzerland, UK and US, and a regional pavilion showcasing Taiwanese products and services. Machinery and Chemical & Raw Materials Hall’s 18 themed zones feature technologies such as injection molding, extruders, 3D printing, recycling, smart manufacturing, bioplastics, composites, high performance materials, thermoplastic elastomers and rubbers increase.
Chinaplas has become the preferred platform for the plastics and rubber industry to launch and showcase new products and solutions innovative materials and machines Technology, according to Adsale. In addition to Chinaplas provides cutting-edge technology and practical solutions around the world, providing a platform for growing domestic enterprises In the spirit of “specialization, sophistication, specialization, innovation”. Buyers from various industries such as Automotive, Building & Construction, Electronic & Electrical, Medical, New Energy, Packaging, Recycling, Sports & Leisure will find a vast array of products and services related to their industry needs.
Several concurrent events are planned, including seminars on circular economy, smart manufacturing and design innovation. Stay tuned for details.
Chinaplas+ expands event reach
Digital transformation is impacting every industry and business, and Chinaplas is no exception. Chinaplas+ is Chinaplas’ “bricks and clicks”, integrating the online and offline show experience with the following six elements of his:
- CPS+ e-marketplaceOperated by Chinaplas, is a global plastics and rubber solutions e-sourcing platform featuring raw materials, machinery, semi-finished products and services around the world. With one click, buyers can connect with over 4,000 global plastics and rubber technology suppliers anytime, anywhere.
- China Plus LIVE Official livestream produced by the event organizer. Over 100 leading companies and their leaders will shed light on market trends and showcase their latest products and technologies at the fairgrounds.
- Business e-Match is dedicated to connecting pre-screened suppliers with the best buyers.
- Application Online Forum webinars bring together leaders from solution providers, end-user markets, and associations to discuss market trends and showcase technology solutions across a range of sectors.
- technology video channel Featuring exclusive interviews with technology leaders, innovative exhibits and official themed events.
- Factory iVisit provides viewers with an online factory visit where they can experience live demonstrations of plastics processing machinery and interact with technical experts.
Pre-registration benefits
“of In 2022, the global economy has recovered from the pandemic. In the new normal, Chinaplas successfully held a virtual world-class plastics and rubber exhibition combined with his CPS + eMarketplace. Adsale General Manager Ada Leung said: “The six elements of Chinaplas+ will be further integrated to complement the physical show. In 2023, participants will have four days of physical show for face–To–face, technology-based communication, We aim to help the plastics and rubber industry explore new business opportunities, especially the prospects of RCEP and GBA,” said Leung.
Online pre-registration for Chinaplas 2023 is open until April 11, 2023. Visitors can take advantage of early bird discounts for his 4-day pass at RMB 50 ($7.50) instead of RMB 80. Advance confirmation letter for expedited entry.click Here Pre-register.
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