Extrusion 1-2020

14 Branche Intern Extrusion 1/2020 ➠ Adsale Exhibition Services Ltd. www.ChinaplasOnline.com vestments are retreating from developed economies, especially the capital market in the U.S., and instead going into emerging Asian markets. China's Minis- try of Commerce announced in Novem- ber 2019 that China is gaining more for- eign investment, not less, despite the sluggish global investment scene. During the first three quarters of 2019, China established more than 30,000 new for- eign-invested enterprises and utilized 683.2 billion yuan of foreign invest- ment – up 6.5% year over year. Emerging economies in Asia are continu- ously introducing new policies to help companies transform and to attract for- eign capital. Combining that with their domestic market potential, the manufac- turing sector is growing in leaps and bounds. Every year, about 60% of CHI- NAPLAS overseas visitors come from Asia. And the number of visitors from Southeast Asia has been growing in re- cent years. Vietnam is becoming a rising star in the region. According to the nation's Gene- ral Statistics Office, its GDP grew by 6.98 % YOY in the first nine months of 2019, the highest rate in the past 9 years. Furthermore, the plastics industry there has averaged annual growth rate of 15 to 20 % in the last decade. Just like Vietnam, other Asian countries such as Thailand, Malaysia, Indonesia and India are also delivering solid growth, each with strong focuses. n As the global economy faces mount- ing downward pressure and factors of uncertainties, the global plastics and rubber industries are at crossroads. The challenges are steering investments to become more conservative as companies adjust their strategies. However, growth outlook remains strong for Asian mar- kets that are not new to economic ups and downs, especially the emerging eco- nomies in the region. CHINAPLAS 2020 takes a "local + regio- nal + global" approach and provides a platform of highly cost-effective and technologically advanced solutions that fit the needs of new markets for both upstream and downstream players. Asia has become the largest cluster of emerging economies in the 21st century. This region boasts more than half of the world's population, expanding middle class, increasing consumption, and con- tinuous industrial transformation. Asia's fast rise remains attractive despite eco- nomic slowdown. Asia currently repre- sents more than a third of the global economy, and its self-reliance continues to strengthen – trade within Asia far ex- ceeds the total of Asia's trade with other regions such as North America and Euro- zone. Attracted by the region's momentum, foreign investment continues to grow in Asia. According to the "Progress of Asi- an Economic Integration Annual Report 2019" by the BoAo Forum for Asia, in- CHINAPLAS 2020 focuses on Tapping into Potential in Asian Markets To seize the opportunity with rising Asian economies, the plastics and rubber in- dustries must not miss the upcoming CHINAPLAS 2020. As the leading global trade show in the industry, CHINAPLAS was launched in 1983 and has witnesses the sectors' development along with China's economic transformation. CHI- NAPLAS will present 3,900+ exhibitors (more than 2,500 exhibitors from China), 11 country/region pavilions including Germany, Italy, U.S., and Japan, as well as 19 theme zones, centering around in- novative solutions in plastics and rubber machinery, materials and processes. Visitors will be able to take a peek at the most cutting-edge technologies in the world, but also find highly cost-effective solution packages. China's plastics and rubber machinery and material have made great progress and gained market popularity with technologies comparable to international standards, excellent dur- ability and stability, quality of service and cost-effectiveness. In Asia, especially Southeast Asia, machinery and materials from China well fit the needs of the in- dustry at the current stage. CHINAPLAS is scheduled to return to the National Exhibition and Convention Cen- ter, in Hongqiao, Shanghai, PR China on April 21-24, 2020 . CHINAPLAS showcases plenty of cost-effective solutions that meet the needs of emerging markets in Asia Advanced solutions for both upstream and downstream markets are on the fairground of CHINAPLAS