Exhibition Industry Revenue CNY 150 billion in China 2010
www.cri-report.com – Exhibition economy, tourism economy and real estate economy are together known as the three smokeless industries in the 21st century. Modern convention and exhibition industry is known as a sunrise industry in the new century which is endowed with enormous vitality and development potential. It has become the symbol of competition in strength and image among cities. Large-scale and high-profile exhibitions will increase the popularity and economic strength of a city.
Exhibitions stimulate consumption in catering, accommodation, tourism, transportation, advertising, decoration, etc. and promote economic development of the whole city. At the same time, the development of exhibition economy will provide and promote large quantities of job opportunities. It is estimated that each additional 1,000 m2 of exhibition areas can create hundreds of jobs. For instance, the Hanover Expo in 1996 had created 100,000 jobs. Exhibition activities can help companies obtain comparative strength in products, technology, production, and marketing, thus greatly reducing the opportunity costs of access to resources and helping enhance overall competitiveness. The essential meaning of exhibitions for the local economy lies in the wider range of opening, more realistic comparison, more accurate choices, and more efficient configuration for the achievement of better growth in quality to enhance Economic Security Index.
In 1978, there were only 6 international exhibitions held in China and 21 exhibitions held overseas. Nowadays, the number and scale of China’s exhibitions have increased by hundreds of times and penetrated into all economic sectors. Besides, all walks of life have had their own international professional exhibitions. According to statistics of China Research and Intelligence, by the end of 2010, there have been over 150 large and medium-sized exhibition halls with the indoor exhibition area of over 10,000 m2 and the total indoor area has been over 4 million square meters.
In 2010, there have been over 3,500 official exhibitions held in China, whose direct income reached CNY 16.20 billion (In Research Report on China’s Convention and Exhibition Industry, 2011-2012, Shanghai World Expo is not counted in all the statistical figures of 2010), stimulating nearly CNY 150 billion of relevant industries’ revenue and realizing favorable economic and social benefits.
In terms of scale and strength of exhibitions, Beijing, Shanghai and Guangzhou have become China’s central cities of exhibitions, with the market share accounting for 10-30% respectively; Dalian, Changchun, Qingdao, Nanjing, Suzhou, Chengdu, Wuhan, Nanning , Kunming, Chongqing, etc. have become central cities of regional exhibitions; in addition, some prefectures, counties and towns are also building exhibition centers, holding exhibitions, and forming unique local exhibition cities, such as Weifang, Yiwu, Shunde, Lecong, and Dongguan.
Since MMI Asia-Munich International Trade Fairs Pte. Ltd. and CIEC-China International Exhibition Center Group Co. together established the first joint venture in China’s exhibition industry in 1995, internationalization of China’s exhibition industry has thus begun. In recent years, China’s exhibition industry has not only participated in or organized some internationally-renowned exhibitions, but also formed joint ventures with famous international exhibition companies, thus possessing a number of world-famous projects.
In 2007, the transition period of WTO ended basically, and China’s service industry further expanded opening-up. The number of Sino-foreign cooperative exhibitions was increasing rapidly. The phenomenon of merging and recombination in the convention and exhibition industry will become increasingly intense. More foreign investment will be put into the exhibition hall management. The scale and quality of foreign exhibition enterprises held in China will be improved, and the internationalization level of exhibitions in China will be further raised.
On the one hand, the international exhibition giants are marching to China’s convention and exhibition industry through cooperation in holding exhibitions, establishing joint ventures and other forms; on the other hand, China’s exhibitions are also trying to go to the world. The convention and exhibition industry has its own law of development, namely branding and internationalization.
Since 2006, the venues construction of China’s exhibition industry has manifested a structural shift and Central and western China has become the new hot spot. Since 2006, the construction of exhibition centers in China’s developed eastern regions has been cooled down apparently, while that in Central and western China represented by Xi’an and Wuhan has continued to heat up, and the newly-added projects have seen a reduction.
Due to the influence of macro control policies issued by the Chinese government, the construction speed of China’s venues slowed down in 2006 and dramatically heated up in 2008-2009, which started an upsurge of a round of venue construction. Many newly-built exhibition hall projects have far exceeded existing venues in investment amount and construction scale.
Seen from the overall development trend, China’s exhibition market is gradually subdivided, and China’s exhibition industry has been increasingly mature in the gradually-open market. Different exhibitions have different target audiences. As long as the orientation is accurate, exhibition enterprises will be able to find a large number of target customers.
China is the world’s most populous country with huge market space and consumption potential. Relative to the world’s exhibition market with hundreds of billions of dollars each year, China’s convention and exhibition industry with the scale of just over USD 2 billion per year is now enjoying huge development space. In China, the convention and exhibition industry itself and the relevant industries all have huge development space for investors to exploit.
Source: http://www.cri-report.com/233-research-report-on-china-s-convention-and-exhibition-industry-2011-2012.html
More following information can be acquired from Research Report on China’s Convention and Exhibition Industry, 2011-2012:
-Analysis on Development Status of China’s Convention and Exhibition Industry
-Analysis on Development of Relevant Industries of China’s Convention and Exhibition Industry
-Analysis on Major Cities of China’s Convention and Exhibition Industry
-Analysis on Major Exhibition Halls of China’s Convention and Exhibition Industry
-Analysis on Major Enterprises of China’s Convention and Exhibition Industry
-Prediction on Development Trend of China’s Convention and Exhibition Industry
-Construction State of China’s Exhibition Halls
Following people are suggested to buy this report:
- Enterprises Operating Exhibition Halls
- Enterprises Organizing Conventions and Exhibitions
- Enterprises Managing Convention and Exhibition Industry
-Investors Focusing on China’s Convention and Exhibition Industry
-Research Institutions Focusing on China’s Convention and Exhibition Industry
About the Author
Based on the database, Interviews and research methods from China Research and Intelligence, CRI analyzes the development and opportunities in this industry clearly. Contacts: Eileen Gu China Research and Intelligence www.cri-report.com Email: eileen.gu@cri-report.com TEL: 86-21-6852-1029 86-21-5842-6733
Holographic Trade Show Exhibit
|
|
Orange Table Throw Skirt for Exhibits and Events. 6′, 3-Sided Deluxe Poly Twill $75.00 Our 6′ Unimprinted Table Throw features 3-sided coverage with an open 9″ overhang in back for easy access and storage. Features our best quality, flame retardant, premium polyester fabric. Color: Orange (PMS 1505). Custom Imprinting available – please contact us for details. Drape style fits perfectly over our Folding Display Table Model M28007. –PROCESSING TIME: Most orders are processed & shipp… |
|
|
Navy Blue Table Throw Skirt for Exhibits and Events. 6′, 3-Sided Deluxe Poly Twill $75.00 Our 6′ Unimprinted Table Throw features 3-sided coverage with an open 9″ overhang in back for easy access and storage. Features our best quality, flame retardant, premium polyester fabric. COLOR: Navy Blue (PMS 2767). Custom Imprinting available – please contact us for details. Drape style fits perfectly over our Folding Display Table Model M28007. –PROCESSING TIME: Most orders are processed & sh… |
|
|
Europe, Switzerland, Photo Mugs Europe, Switzerland, Geneva. Geneva Motor Show; artificial rain at the Saab exhibit…. |
|
|
Walt Disney and the 1964 World’s Fair $29.12 All products are BRAND NEW and factory sealed. Fast shipping and 100% Satisfaction Guaranteed…. |
|
|
CBGB’s-NYC Ny-11/29/02 $10.49 … |
|
|
Degenerate Art A powerful story of the Nazis’ vilification of the avant-garde and their attack on modern culture [VHS] $19.98 The history of Hitler’s war against modern art is sandwiched between black-and-white footage of the original Degenerate Art exhibition in 1937 and color footage of the 1991 reconstructed display in this concisely edited documentary. Clocking in at only 55 minutes, the film establishes the future dictator’s failed attempt at a career in traditional painting and his contempt for the success of moder… |
|
|
Painting on Location with Bob Fagan; Episode 13, Saugatuck Michigan Art Fair (Bob shows how to exhibit paintings and keep them dry and protected in all kinds of weather)) … |
|
|
Complete Art Hanging System, Gallery Art Quality: Display art with sturdy, sophisticated hanging system. INCLUDES: (Two 6ft. Aluminum Tracks; Four Wall Clips and screws; Six 8 ft. Cables; Six Cable Grippers with Hooks; Installation Diagram) $87.44 Display your artwork with this sturdy, sophisticated museum-quality art hanging system. This complete art hanging system INCLUDES: Two 6ft. Aluminum Tracks (Attractive satin finished, Aluminum Track mount securely to walls with the included Wall Clips and screws; Tracks are 5/8 inch wide, 1 5/8 inch tall, and 6 ft. long, each), Four Wall Clips and screws (used to mount the Tracks, Wall Clips are 1… |
|
|
TW Lighting T4-22 Watt 3000k 29 Fluorescent Fixture Set (2-prong Unit) $35.00 What’s in the Box – each T4 Fluorescent Linkable Fixture included: (1) T4 Fluorescent Fixture (1) Attractive Ribbed Acrylic Len Cover (1) 6 Feet Plug-In Power Cord (1) End-to-End Direct Connector (1) 6 Inch Cable Inter-Connector (2) Stainless Steel Mounting Clips (1) Long-Life T4 Fluorescent Lamp Use it for: |
|
|
TW Lighting T4-6 Watt 3000k 9-3/8 Fluorescent Fixture Set (2-prong Unit) $20.25 What’s in the Box – each T4 Fluorescent Linkable Fixture included: (1) T4 Fluorescent Fixture (1) Attractive Ribbed Acrylic Len Cover (1) 6 Feet Plug-In Power Cord (1) End-to-End Direct Connector (1) 6 Inch Cable Inter-Connector (2) Stainless Steel Mounting Clips (1) Long-Life T4 Fluorescent Lamp Use it for: |
|
|
Mark Ryden, The Tree Show (Hardcover) $23.22 “The Tree Show” exhibition book is a showcase of pieces from Mark Ryden`s 2007 major solo exhibition at the Michael Kohn Gallery in Los Angeles. THE TREE SHOW book features over 130 color images including Mark`s paintings, drawings, studies, and sculpt… |
Related Articles
No user responded in this post
Leave A Reply