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Exhibitions Drive Recovery in China’s Exhibition Industry and Promote Specialized Town Construction

Exhibition Industry Shows Strong Recovery, Promoting Specialized Town Construction

Datong, Shanxi – The sub-forum of the inaugural Shanxi Specialized Town Investment and Trade Expo, titled “Exhibition Promotes Construction of Specialized Towns,” was successfully held on June 30th. Experts present at the event highlighted the significant progress made by China’s exhibition industry this year, with exhibitions playing a crucial role in the development of specialized towns and fostering industrial growth.

According to data provided by the Ministry of Commerce, professional exhibition halls in China have hosted a staggering 1,448 exhibitions from January to May 2023, representing a remarkable year-on-year increase of 6.7 times. Additionally, the total exhibition area increased by 7.9 times, reaching 35.801 million square meters, and 834 large-scale exhibitions with an area exceeding 10,000 square meters were held, showing a substantial growth of 7.8 times compared to 2019.

Yuan Zaiqing, former president of the China Exhibition Economy Research Association and director of the Academic Steering Committee, emphasized the role of exhibitions in driving regional economic development. This expo served as a platform for promoting investments in Shanxi’s specialized towns, showcasing the effectiveness of Shanxi’s typical industries and facilitating upstream and downstream collaboration.

Yuan Zaiqing stated, “The progress of the exhibition economy relies on policy support, resource allocation, and environmental optimization. Therefore, it is essential to leverage the institutional and industrial advantages of the government and industry associations.” He also emphasized the need for industry associations to act as bridges, encouraging cooperation and exchange to facilitate the integration of the exhibition industry with the real economy and the development of specialized towns.

In his speech titled “Give Full Play to the Role of Convention and Exhibition as a Leading Industry to Promote Economic Development,” Chu Xiangyin, chief researcher of the China Convention and Exhibition Economy Research Association, underscored the significance of conventions and exhibitions as bridges that connect resources and markets. He emphasized the importance of optimizing resource and element efficiency and directing them towards the most effective departments and regions to achieve an optimized social production pattern.

Experts and scholars further advocated for the development of county-level exhibitions. Chen Zeyan, deputy director of the Academic Steering Committee of the China Convention and Exhibition Economy Research Association, expressed that county-level exhibitions could boost the development of typical industries and drive economic prosperity. Building specialized professional towns in Shanxi holds great potential for the local county-level demonstration economy.

China currently boasts 2,634 small and medium-sized cities, with 56% of cities above the prefecture level falling into this category. Recognizing this, Zhu Feiyue, Director of the Small and Medium-sized Cities Convention and Exhibition Development Research Center of the China Convention and Exhibition Economy Research Association, highlighted the extensive potential for China’s exhibition industry in small and medium-sized cities. He suggested the establishment of research centers to focus on developing the county-level convention and exhibition industries.

The “Exhibition Promoting Specialized Town Construction Forum” was held in Datong, Shanxi on the 30th. Photo by Yang Peipei

Chinanews.com, Datong, June 30th (Yang Peipei) The sub-forum of the first Shanxi Specialized Town Investment and Trade Expo “Exhibition Promotes Construction of Specialized Towns Forum” was held in Datong, Shanxi on the 30th. Many experts said that since the beginning of this year, various exhibition cities and exhibition venues have “moved”, and China’s exhibition industry is entering the “fast lane” of recovery. Exhibitions have contributed greatly to build typical professional towns and can promote industrial agglomeration.

According to statistics from the Ministry of Commerce, from January to May 2023, a total of 1,448 exhibitions will be held by professional exhibition halls in China, a year-on-year increase of 6.7 times and an increase of 4.2% compared with the same period in 2019 before the epidemic; the total exhibition area is 35.801 million square meters, a year-on-year increase of 7.9 times, an increase of 13.7% over the same period in 2019. Among them, there were 834 large-scale exhibitions with an exhibition area of ​​more than 10,000 square meters , a year-on-year increase of 7.8 times and a 23.4% increase over the same period in 2019.

Yuan Zaiqing, former president of the China Exhibition Economy Research Association and director of the Academic Steering Committee, said that exhibitions are an effective means of promoting regional economic development This expo used to live from exhibitions to promote the promotion of investment in the typical professional towns of Shanxi, and it is a showcase of Shanxi’s typical industries An important platform for the development effectiveness and promotion of upstream and downstream industrial cooperation.

“The development of the exhibition economy is inseparable from policy support, resource allocation and environmental optimization. Therefore, we must give full play to the institutional and industrial advantages of the government and industry associations.” Yuan Zaiqing said, hoping to give full play to an important role industry associations as a bridge to build cooperation and exchange The platform will promote the deep integration of the exhibition industry and the real economy, and help build and develop typical professional towns.

Chu Xiangyin, chief researcher of the China Convention and Exhibition Economy Research Association, gave a speech entitled “Give full play to the role of convention and exhibition as a leading industry to promote economic development” He said that convention and exhibition is a bridge that gathers two resources , connects two markets, and links production, consumption, supply and demand. “We need to give full play to the function of the exhibition platform, improve the efficiency of resources and elements, and let the elements flow to the most effective departments and regions, in order to form the best and most optimized social production pattern. “

During this period, many experts and scholars proposed to develop exhibitions at county level. Chen Zeyan, deputy director of the Academic Steering Committee of the China Convention and Exhibition Economy Research Association, said that the development of county-level exhibitions will help develop typical industries and drive county-level economic prosperity. By building special professional towns in Shanxi, the local county-level demonstration economy will have great potential.

According to statistics, the number of small and medium-sized cities in China has reached 2,634, and 56% of cities above the prefecture level are small and medium-sized cities. Scale division of small and medium cities China has 655 organic cities, of which 287 are above the prefecture level and 368 are organic cities at the county level. Zhu Feiyue, Director of the Small and Medium-sized Cities Convention and Exhibition Development Research Center of the China Convention and Exhibition Economy Research Association, pointed out that the potential for the development of China’s convention and exhibition industry is large and wide in small and medium-sized cities. size cities can be built, and research centers to develop county conventions and exhibition industries. (over)

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