Economic and political uncertainty remains a top challenge
for today’s global manufacturing industry. A host of factors
including trade friction, economic slowdown, and weakening
demand from China are dampening manufacturing growth and
leaving some sectors in a decline. In the meantime, China is
pushing to transform its manufacturing industry to focus on
higher quality and domestic market while encouraging foreign
investment. During this economic downturn, leading companies
are ready to pave the road for transition and transformation
in order to convert challenges to opportunities. As a key
industry indicator, the global leading tradeshow CHINAPLAS
2020 will zero in on market trends and buyer needs, provide
a high-tech, high-quality and high-value platform of
technology innovations, and help companies uncover new
opportunities and grow in an ever-changing economic
environment.
Foster growth in a decline
The global auto industry is cooling down, as 2018 broke a
7-consecutive-year expansion. Global auto sales shrank to
95.6 million vehicles in 2018 caused by declines in Europe
and China in the second half of the year. As the
28-year-long streak of brisk growth in the Chinese auto
market came to an end in 2018, industry players are facing
unprecedented pressure.
With the market slowdown, auto companies are determined to
seek changes and transform. On the front of environmental
protection and sustainable development, new energy vehicles
and auto lightweighting demonstrate strong potential. Driven
by intelligent driving and Internet of Things, the auto
industry is undergoing unprecedented changes. Manufacturers
have an urgent demand for new materials, new equipment,
advanced processing technologies, automation, and AI. Cost
reduction and efficiency improvement are the go-to
strategies for both OEMs and suppliers. Aside from the
commonly seen structural optimization, process and
production efficiency improvement through technological
innovation can provide viable solutions as well.
Nations around the world are accelerating their
informationization as a strategic development priority.
China’s Ministry of Industry and Information Technology
issued its first 5G commercial licenses on June 6, 2019,
drawing great attention. As the core infrastructure for the
deployment of big data, AI, virtual reality and other
technologies, the scale-up of 5G will form a powerful
driving force. Due to its exceptionally high speed, large
capacity and minimal delay, 5G demands higher quality
materials from the base station end to the application end.
In addition to 5G, development trends such as the Internet
of Things, autopilot vehicles, telemedicine, smart factory,
and smart city will also trigger disruptive changes and
create infinite space for innovative materials and processes.
Under the pressure of environmental protection, how to
properly dispose of and reuse plastics has been a question
in the spotlight. Multiple cities in China are implementing
waste sorting. The European Union, Sweden, Canada, Peru, and
other countries and regions have proposed plans to ban
single-use plastic products. China escalated its waste ban
to prohibit the import of all industrial waste plastics at
the end of 2018, following the ban of imported consumer
waste plastics at the end of 2017. India, Thailand, Malaysia,
and other countries are also following the suit to ban
imported solid plastic waste. To address these issues,
plastics manufacturers need to continue to promote reuse and
recycling, plan out full product lifecycle to include
recycling in advance, and provide environmentally friendly
and recyclable innovative solutions such as biodegradable
plastics.
The emergence of unilateralism, trade protectionism, and
anti-globalization trends and the escalation of related
actions have also adversely impacted the global economy and
the plastics and rubber industries. The key to
transformation lies in innovation. Companies can benefit
from leveraging technological innovation, enhancing
independent innovative capability, increasing product value
and market competitiveness, adjusting strategy and
deployment, and actively exploring domestic market and
emerging markets, thereby strengthening their risk
resistance capacity.
Join hands in the new journey
The grim economic environment is forcing companies to
accelerate their transformation. CHINAPLAS 2020 will
continue to stress on technological innovation, with the
focuses on “smart manufacturing, innovative materials, green
& circular economy”, tackle the pain points of the
industries, help increase their competitiveness, and seek
breakthroughs in the difficult situation.
Ada Leung, General Manager of Adsale Exhibition Services Ltd.,
the show organizer of CHINAPLAS, remarks, “The current
market environment is full of challenges, but it is also a
great time for strong companies to rise against the trend.
CHINAPLAS 2020 continues to show strong booth bookings as
seen in previous years, indicating the confidence of
plastics and rubber suppliers in creating endless innovation
and achieving success in the future. In the past 30 years,
CHINAPLAS has closely followed the pulse of China’s economic
development, witnessed the growth of the plastics and rubber
industries, experienced the 1998 Asian financial crisis and
the 2008 global financial tsunami, and continuously produce
success stories. As always, we quickly adapt to the changes
in internal and external environment; adapt to the trends of
technological revolution, industrial transformation,
consumption upgrading, etc.; strengthen the long-term
collaboration with global plastics and rubber manufacturers,
downstream users and industry associations; turn first-hand
intelligence into latest market demand; and cooperate with
upstream and downstream companies to make progress together.”
2018 marked the first CHINAPLAS exhibition in Hongqiao,
Shanghai, and the show was a great success. CHINAPLAS is
scheduled to return to the National Exhibition and
Convention Center, in Hongqiao, Shanghai, PR China on April
21-24, 2020. This iconic industry event is expected to
present 340,000 square meters of exhibition space, bring
together 3,900+ global exhibitors and 180,000+ visitors, to
join hands to overcome the challenges, and together create a
prosperous future.
See you in Düsseldorf!
The CHINAPLAS team will be present at the K 2019 fair in
Düsseldorf from October 16-23 to promote CHINAPLAS 2020’s
new highlights and mingle with buyers and industry experts.
The organizer has prepared fabulous gifts and free
registration passes for visitors who pass by its booth
(EN1-02) at the show. The team invites you to stop by to say
hello, network with them and share your visiting experiences.
See you soon in Düsseldorf!
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CHINAPLAS 2020 is organized by Adsale Exhibition
Services Ltd., Beijing Yazhan Exhibition Services Ltd., and
Adsale Exhibition Services (Shanghai) Ltd. and co-organized
by China National Light Industry Council - China Plastics
Processing Industry Association, China Plastics Machinery
Industry Association, Messe Düsseldorf China Ltd., the
Plastic Trade Association of Shanghai. The event is also
supported by various plastics and rubber associations in
China and abroad.
First introduced in 1983, CHINAPLAS has been approved by UFI
(The Global Association of the Exhibition Industry) since
2006. CHINAPLAS is exclusively sponsored by the Europe's
Association for Plastics and Rubber Machinery Manufacturers
(EUROMAP) in China for the 31st time. CHINAPLAS is currently
Asia's leading plastics and rubber trade fair.