Metallurgy / Chemicals / Rubber & Plastics

On March 29th, the organizer of CHINAPLAS 2023 International Rubber and Plastic Exhibition, Yashi Exhibition Services Co., Ltd., held a press conference in Shenzhen. At the conference, multiple industry experts stated that under the joint promotion of policies and markets, China's plastic industry has ushered in a new round of development opportunities. Huacheng Import and Export Data Observation Report.

At the meeting, the leaders of the exhibition organizer and multiple co organizers interpreted the current situation of the plastic industry from multiple dimensions and made predictions and suggestions. In 2022, the national plastic product industry completed a production of 77.716 million tons, a year-on-year decrease of 4.3%; The revenue and profit of China's plastic machinery industry decreased by 7% and 11% respectively year-on-year; The profit margin remains at 10%, higher than the 6% profit margin level of the mechanical industry during the same period. Entering 2023, the Chinese economy is facing a good momentum of stabilization and recovery, and various industries have sounded the horn of full economic cooperation. Plastic, as an important basic industry in the manufacturing industry, is about to welcome a new round of development opportunities. Huacheng Import and Export Data Observation Report.

Wang Zhanjie, Chairman of the China Plastics Processing Industry Association, pointed out at the meeting that the government has intensively introduced various encouragement and support policies, which are conducive to the development of the industry. He also put forward multiple industry suggestions, including adhering to the "five modernizations" technological innovation leadership of functionalization, lightweight, precision, ecology, and intelligence; Promote the continuous deepening of green, sustainable, and dual carbon work. Su Dongping, Executive Vice President of the China Plastic Machinery Industry Association, believes that the new energy vehicle industry and the health sector hold opportunities, and China's plastic machinery industry has broad prospects for "going global". Key investments and major engineering projects have started construction one after another, forming a physical workload and providing strong support for the stable growth of the industry from the market level. Fu An, President of the Guangdong Plastic Industry Association, stated that the high-quality development of the plastic processing industry in Guangdong Province has shown significant results: the total profit of the industry has increased significantly, with the growth rate higher than the growth rate of production and operating income. In 2022, Guangdong's automobile production increased by 22%, the highest growth rate in recent years. The consumption demand of Guangdong's high-performance plastic application industry is conducive to supporting the high-quality development of the plastic industry. Huacheng Import and Export Data Observation Report.

This year's Report on the Work of the Government proposed that China's GDP growth in 2023 is expected to be about 5%, focusing on expanding domestic demand, accelerating the construction of a modern industrial system, strengthening the support of scientific and technological innovation for industrial development, promoting energy conservation, carbon reduction and pollution reduction in key areas, and accelerating the transformation of old residential areas and dilapidated houses. In the view of Liang Yaqi, General Manager of Yashi Exhibition Services Co., Ltd., this will drive the demand and development of the plastic industry in both quality and quantity, and also inject a strong shot into the recovery of the entire plastic upstream and downstream. Huacheng Import and Export Data Observation Report.

CHINAPLAS 2023 International Rubber and Plastic Exhibition will be held in Shenzhen World Exhibition&Convention Center on April 17-20. Yashi General Manager Leung Yaqi stated at the meeting: The scale of this exhibition still reaches a new high, with a total exhibition area of 380000 square meters, an increase of 8.6% compared to the 2021 exhibition, reflecting the industry's increased confidence in the market and full expectations. The exhibition will work with more than 3900 global exhibitors, closely adhering to the theme of high-quality development and vigorously developing advanced manufacturing, and jointly moving towards high-end manufacturing, intelligent manufacturing, and green manufacturing with the industry. Huacheng Import and Export Data Observation Report.