Extrusion Asia Edition 1-2021

➠ Adsale Exhibition Services Ltd. www.ChinaplasOnline.com n In today's unprecedented turbulent times, the global manu- facturing industry is undergoing profound and complex changes, facing uncertainties and challenges, while opening up new opportunities under the new normal. CHINAPLAS 2021 themed "New Era • New Potential • Innovation for Sustainabi- lity", will not only stimulate development in the industries, but also keep the momentum going in the exploration of business opportunities in the new era. In a special period when COVID-19 has brought a lot of uncer- tainties to the global economy, China has been taking actions to contribute more certainties to the world. China's economy recovered strongly following the COVID-19 pandemic. After a sharp V-shaped rebound in the first six months of the year, China's GDP expanded 4.9% in the third quarter. It is predicted that China will be the only major economy in the world achiev- ing positive growth in 2020. When the economy is rapidly re- covering, China is leading consumption upgrade, enhancing self-innovation capacity to push forward the high level opening up to the world, and hastening the establishment of a new de- velopment model featuring dual circulation in the domestics and international markets where the former plays a leading role. An unimpeded domestic circulation is the key. The main focus- es are reconstruction of the industrial foundation and upgrade of the production chain. China has a fully equipped industrial system and a complete industrial chain, providing huge room for technological innovation and application. In the post-pandemic era, demands for healthcare, smart-tech, eco-friendliness, convenience and comfort have increased sharply. The sales and exports of household products like kit- chen appliances and fitness equipment have risen. Demands on fresh food distribution, express delivery and convenience food products have increased in adverse market conditions. A surge in diversified, personalized and high-quality demands will give rise to more new consumption patterns and forms of business. Technological innovation is the key for China's domestic de- mand expansion, new infrastructure, domestic substitution and realization of plastics recycling. It is necessary for enterprises to speed up technology innovation, business upgrade and trans- formation to boost their competitiveness. CHINAPLAS is locat- ed in China with strong influence over the Asian region and the world. The upcoming edition of show will be held in Shenzhen, the city of innovation and creativity. CHINAPLAS embraces the changing times actively, responds to the new demands of the market rapidly, and explores the development of the dual circu- lation together with the industry stakeholders. Space reservation of CHINAPLAS 2021 is overwhelming. More than 3,600 exhibitors have confirmed their participation, in- cluding 10 country/region pavilions from Austria, France, Ger- many, Italy, Japan, Korea, Switzerland, United Kingdom, United States and Taiwan region. This shows that the enterprises are with full confidence in the prospect of the plastics and rubber industries. Many forward-looking technologies and practical solutions will be introduced at CHINAPLAS, including cutting- edge technologies from all over the world and strong-rising Chinese technologies. 37 Extrusion Asia Edition 1/2021