Page 32 - Plastics News May 2017

FEATURES

CHINAPLAS 2017 Opens as a World-Class Event

The event with a vast exhibition area of over 250,000 square metres having more than 3,400
exhibitors from all over the world, was a networking platform between visitors presenting many
innovative and new technologies.

ith the global economy clouded by declining demand, value. Vehicles, especially new-energy vehicles, as well
Wglobalization pressures and trade protectionism, the as packaging and medical products are rapidly going high-
plastics and rubber industries are striving to navigate these tech. On the other hand, industries such as home appliance
challenges and continue their growth. The premier trade manufacturing have an urgent need to eliminate their
show for these sectors, CHINAPLAS 2017 was inaugurated excess capacities and introduce innovation. At the same
on Tuesday 16 May 2017 The event provides a networking time, government policies favour technological innovation
platform between visitors and more than 3,400 exhibitors and support environmental protection measures, while
from all over the world, presenting many innovative enterprises increase their investment in R&D and brand
and new technologies. The trade fair occupied a vast building. What's more," added Chu, "an increasing number
exhibition area of over 250,000 square metres. of Chinese enterprises is keen on investing or setting up
factories overseas. All these factors provide a favourable
platform for the development of plastics and rubber
industries and generate demand and opportunities for
innovative technologies and smart manufacturing."

The industries are also benefiting from a huge plastics
application market, supply-side structural reform,
and from enterprises' strong desire to transform their
business structures and upgrade their technologies. With
"Greenovation for a Smart Future" as the show theme,
CHINAPLAS 2017 has set "Intelligent Manufacturing - High-
tech Materials - Green Solutions" as the event's main
focuses. Breakthrough technologies, new materials and cost-
effective processing technology and management solutions
are on display throughout the many exhibition halls.
A spectacular trade show focuses on technology Commenting on the annual show's development over the
past 30 editions, Ada Leung, General Manager of Adsale
China's gross domestic product grew at a rate of 6.9% in
the first quarter of 2017, while the Chinese Academy of Exhibition Services Ltd., said, "We are impressed by the
Social Sciences predicts annual growth will be 6.6%. Slower increasing importance attached to the Chinese market by
economic growth has become a new normal in China. As the leading overseas technology suppliers. Meanwhile, we
a result, instead of relying on largely on vigorous growth are also witnessing strong interest in Chinese machinery
as before, companies now are aiming to improve their by overseas buyers." The staging of CHINAPLAS, she noted,
quality and efficiency, as they transform and upgrade their has helped to bridge the gap between buyers and suppliers
enterprises for the future. during the process of globalization. It also has accelerated
the integration of technologies and trading both outside
"Under this economic backdrop, it's both an opportunity and within China, contributing to more technologically
and a threat for the industry at the same time," says Mr sophisticated exhibits. "CHINAPLAS 2017 has evolved from
Stanley Chu, Chairman, Adsale Exhibition Services Ltd., a former sourcing and trading platform for materials and
organizer of CHINAPLAS 2017. "On one hand, Chinese machinery into an international, technology-oriented
products are increasingly moving toward providing added platform," Leung said.

Plastics News | May 2017 32