CHINAPLAS 2023 to seize opportunities in RCEP and GBA with you in Shenzhen
Many companies in Asia are export-oriented nowadays, fueling the expansion of international trade in the region. The Regional Comprehensive Economic Partnership (RCEP), entered 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, Asia’s No. 1 plastics and rubber trade fair, will be staged at the Shenzhen World Exhibition and Convention Center (SWECC), Shenzhen, on April 17-20, 2023. This flagship event for plastics and rubber 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 innovation“, 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.
RCEP is turning Asia into the global manufacturing hub
The 15 signatories to the RCEP agreement, including China, 10 ASEAN 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 benefit 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 other chemical products. With this fresh impetus injected by the RCEP, Asia is growing into the global manufacturing hub.
According to the statistics from the United Nations, Asia’s industrial value-added rose significantly from US$2.7 trillion in 2000 to US$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 revealed 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 China’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.
Maximize GBA’s unique edge to grasp the RCEP opportunities
How companies from the GBA in sectors including manufacturing can seize the opportunities that arise from the RCEP? As the RCEP brings new development to businesses in the region, GBA companies can leverage the opportunities to go global.
Shenzhen together with Hong Kong in GBA shall generate synergy to expedite the global expansion of companies. For Shenzhen, with the strong policy support from the Central Government, it is expected to further grow into a center of innovation, entrepreneurship, and creativity. Hong Kong, with its strengths as an international trading hub, has long been a premium business platform to handle outbound investments from the mainland, including those to ASEAN and other RCEP members. These advantages shall give Shenzhen and Hong Kong a unique significance in such global expansion.
Embrace innovation to share a brighter future
In April 2023, CHINAPLAS will return to Shenzhen, the gateway city to the GBA and RCEP, as well as the thriving innovation and technology hub in Southern China, converging different end markets and quality suppliers to foster collaborations and inspire innovations. The upgrading technologies and ever-smarter solutions in CHINAPLAS 2023 shall better assist the industry not only to capture these emerging opportunities in RCEP and GBA, but also to react fast in the rapidly changing market like now.
It is expected that there shall be more than 3,900 renowned exhibitors in CHINAPLAS 2023, including 9 country/region pavilions from Austria, France, Germany, Italy, Japan, Switzerland, United Kingdom, United States, and Taiwan region. The 18 theme zones, located at Machinery Halls and Chemical & Raw Material Halls, shall cover injection molding solutions, extrusion machinery, 3D technologies, recycling technology, smart manufacturing solutions, bioplastics, composites and high-performance materials, thermoplastic elastomers & rubber, etc.
CHINAPLAS has become a preferred platform for the plastics and rubber industries to debut new products and solutions, and showcase innovative materials and machinery technologies. Not to mention the cutting-edge technologies and practical solutions from all over the world, many strong-rising Chinese technologies from local suppliers growing towards “Professionalization, Refinement, Specialization and Innovation” will also be introduced. Buyers from different application industries, such as automotive, building materials, electronics & electric, medical & healthcare, new energy, packaging, recycling, and sports & leisure, shall be excited about the technologies and solutions presented in the fairground.
Besides the showcase, a lot of can’t-miss concurrent events, including but not limited to a variety of seminars on the circular economy, smart manufacturing, and design & innovation, will also be organized during CHINAPLAS 2023, making it a weighty occasion to explore the breakthrough and advancement of plastics and rubber industries. Details shall be announced soon. Stay tuned!
Omnichannel experience with CHINAPLAS+
No industry or business is excluded from the trend of digital transformation, even if CHINAPLAS. Since its debut in 1983, CHINAPLAS has been accumulating and better utilizing its advantageous resources, making it more than a trade fair. CHINAPLAS+ is the bricks & clicks of CHINAPLAS which integrates online and offline show experiences with the following 6 elements.
CPS+ eMarketplace, powered by CHINAPLAS, is a global plastics & rubber solutions e-sourcing platform where you can find the latest and hottest raw materials, machinery, semi-finished products, and services from all over the world. With just one click, buyers can connect with 4,000+ global plastics and rubber tech suppliers anytime and anywhere.
CHINAPLAS live is the official live stream produced by the organizer. More than 100 key enterprises and their leaders will shed light on market trends and introduce their latest products and technologies at the fairground.
Business e-Match is dedicated to connecting pre-screened suppliers and premier buyers, as an extension of serving global buyers, as well as an effective matchmaker for sourcing needs.
Applications Online Forum is a series of webinars that brings together leaders from solution providers, end-user markets and associations, to exchange views on market trends, and to highlight the technology solutions for different sectors and hot topics.
Technologies Video Channel contains exclusive interviews with technology leaders and trailers of innovative exhibits and official thematic events, for everyone to visualize technology in action.
Factory iVisit is an online factory visit for visitors to experience the plastic processing machines’ live demonstration of leading industry players, and interact with technical experts.
Privileges for pre-registered visitors
“In 2022, the global economy is bouncing back from the pandemic. Amidst the new normal, CHINAPLAS firstly and successfully organized a virtual show among world-class plastics and rubber exhibitions, which coupled with CPS+ eMarketplace. The six elements of CHINAPLAS+ shall be further integrated to complement the physical show dedicated to the plastics and rubber industries,” said Ms. Ada Leung, General Manager of Adsale Exhibition Services Ltd., organizer of CHINAPLAS.
“In 2023, we will strive to bring you a 4-day physical show for face-to-face technology-based communication, aiming to help plastics and rubber industries explore new business opportunities, particularly the prospects in the RCEP and GBA. Look forward to seeing you all there in CHINAPLAS 2023,” mentioned Ms. Leung.
Online pre-registration to CHINAPLAS 2023 is now open till April 11, 2023, 17:00 (GMT +8:00). Visitors can enjoy an early bird discount for a 4-day pass at RMB 50 or USD 7.5 (Original Price: RMB 80). Pre-registered visitors shall receive their Visitor eBadge or Confirmation Letter in advance for fast admission.
Please click HERE https://www.chinaplasonline.com/CPS23/preregistrationlanding?Regsource=CXW1524&utm_source=OtherDataSource&utm_medium=PR&utm_campaign=PR-PREREG to pre-register.
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