Russia Becomes Vietnam’s Leading Supplier of wheat

According to the USDA Global Agricultural Information Network (GAIN) reports released last month Russia became Vietnam’s leading supplier of wheat, as imports from Australia fell significantly.

Russia exported an estimated 1.7 MMT of wheat into Vietnam in MY18/19, gaining a 50 percent market share.

Post estimates stagnant wheat consumption on both the uncompetitive price of feed wheat and the flat use of milling wheat. The latter is due to Vietnam’s Plant Protection Department’s (PPD) ongoing quarantine pest inspections.

Feed wheat use varies depending on its price differential with imported corn. Feed wheat prices were running lower or at nearly the same level as compared to corn prices from the second half of 2016 to August 2018 (see Figure 1).

However, wheat prices have been diverting higher since then, thereby resulting in reduced feed wheat consumption. Increasing prices have also coincided with an outbreak of African Swine Fever (ASF) that began in early 2019. Producers have cut wheat inclusions in feed in order to reduce costs.

U.S. wheat is considered high quality and is used by Vietnamese mills for blending as a cost-effective way to improve the value of their flour products. Recently, U.S. wheat imports have been steadily rising, reflecting the increased demand for premium quality products.

However, PPD’s ongoing quarantine pest inspections have discouraged shipments of U.S. wheat since the end of calendar year 2018. The local wheat milling industry has faced difficulties in sourcing high quality wheat, especially soft white wheat. Feed industry sources have also noted that the inspections are reducing the use of quality ingredients in feed.

*Source:USDA

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한류 마케팅으로 중소기업 수출길 활짝 열다

중소벤처기업부(장관 박영선)는 지난 5.17~19일 3일간 일본에서 개최한 ‘KCON 2019 JAPAN’ 연계 중소기업제품 수출상담·판촉전시회에서 50개 참여 중소기업이 역대 최대 현장판매액을 기록하는 등 괄목할 만한 성과를 거두었다고 밝혔다.
 

KCON 연계 중소기업 해외판촉 지원은 자력으로 글로벌 시장 진출이 쉽지 않은 중소기업들이 해외 바이어와 현지 소비자를 현지에서 직접 만나 해외마케팅과 판로 개척의 기회를 펼칠 수 있는 가장 대표적인 해외진출 상생플랫폼으로,
 

중소벤처기업부가 ‘14년부터 한류를 활용한 ’대·중소기업 동반진출 지원사업‘의 일환으로 추진해왔으며, 최근 5년간 493개사 187억원의 수출성과를 달성하는 등 지속적인 성과를 창출하고 있다.
 

특히, 이번 KCON 2019 JAPAN 연계 행사에서는 KCON 행사장   판촉전과 수출상담회는 물론 KCON 이벤트와 연계한 현지 온라인몰 입점을 통한 제품홍보, 현지 인플루언서를 활용한 현장 홍보와 함께  스타마케팅까지 결합하는 등 그 어떤 해 보다도 다양한 지원프로그램을 통해 중소기업 제품의 홍보 효과를 극대화 시켰다.
 

특히, 행사기간 중 판촉전에 참여하는 50개 중소기업의 공식 홍보대사인 아이돌 가수 ‘프로미스나인’이 출연한 홍보영상과 개별 제품의 화보는  일본 소비자에 한층 가깝게 다가설 수 있는 계기가 됐다.
 

금번 KCON 2019 JAPAN은 한일 관계가 역대 최악이라는 평가 속에서도 역대 최다 관람객(8.8만명)이 몰리면서 한류를 활용한 해외판로 확대 가능성을 재확인한 행사로 평가받았다.
 

K팝을 넘어 K뷰티, K패션으로 이어지는 한류의 인기에 힘입어 금번 KCON에 참여한 중소기업 50개사는 판촉 3일만에 2억원의 현장판매 성과를 기록하였다.
 

이는 전년대비 95% 증가한 성과이며, KCON 연계 중기 판촉전 사상 최고 판매액을 달성한 금액이다.
 

또한, KCON 행사 전날인 5월 16일 개최된 수출상담회에서도 일본 바이어(120개사와 316건의 상담)와 109억원의 계약을 성사시켜 KCON 사전행사로서 알찬 성과를 기록하였다.
 

개별 기업들의 B2B 성약 및 성공사례도 연이어 나왔다.
 

판촉전에 참여한 B사와 마스크팩 수출 계약 추진단계에 있는 일본   바이어는 “B사가 이런 큰 규모의 국제 행사에 참여하는 사실을 처음   알았다”며, B사의 기업 가치를 상향 평가하고 당일 현장에서 6개월간 3억원 규모의 독점계약을 체결하였다.
 

컵떡볶이로 판촉전 행사장에서 문전성시를 이룬 식품기업 Y사는 작년 KCON 참여를 계기로 일본 대형 편의점 S사에 입점하는 쾌거를 거두었고, “작년보다 세배 넘는 물량을 공수해 가서 현장 완판에 도전할 만큼 일본 대중들에게 적극적으로 제품을 어필 할 수 있는 자신감을 갖게 되었다”고 만족감을 표했다.
 

중소벤처기업부 박영선 장관은 “K팝 콘서트를 비롯, K드라마, K패션, K뷰티, K푸드 등 한국의 다양한 라이프스타일 콘텐츠를 해외 팬들에게 전파해 온 CJ ENM의 ‘KCON’ 등의 한류는 지난 20여년간 해외진출을 지속적으로 추진해온 노력의 산물”이라고 언급하며,
 

“전 세계적으로 확산되고 있는 한류 열풍을 적극 활용하여 더 많은 중소기업이 새로운 시장에 도전할 수 있도록 해외진출 컨설팅지원 등의 정책적 지원을 집중할 것”이라고 밝혔다.
 

한편, KCON과 연계한 중소기업 수출상담 및 판촉전시회는 LA(8월)와 태국(9월)에서도 개최될 예정이다.
 

현재 KCON 2019 LA 행사에 참가할 중소기업을 모집 중이며, 접수마감은 6.11(화) 까지다. 자세한 내용은 대·중소기업농어업협력재단  홈페이지(사업공고)를 통해 확인할 수 있다.



o 행사일시 및 장소 : ‘19.8.16(금)~18(일), LA컨벤션센터(미국)
o 지원내용 : ① KCON 2019 LA 관람객 대상 제품 홍보‧판촉, 현지 온라인몰 입점 ② 바이어 매칭을 통한 수출상담
o 지원자격 : 미주시장 진출을 희망하는 국내 중소기업
o 신청기간 : ’19. 5. 28(화) ∼ 6. 11(화) 18:00 까지
o 모집공고 : 협력재단 홈페이지(www.win-win.or.kr)-[사업공고]

© The Expo Review

The 124th Session of China Import and Export Fair Set to Meet Anticipating Attendees

The Press Conference for the opening of the 124th session of China Import and Export Fair was held in Canton Fair Complex in the morning of Oct 14th. Mr. Xu Bing, spokesperson of the Canton Fair, Deputy Director General of China Foreign Trade Center, introduced the characteristics, highlights and preparation of this session to press from home and abroad.

Xu Bing introduced that this year marks the 40th anniversary of reform and opening-up. Since its establishment in 1957, especially the 40 years after reform and opening-up. The Canton Fair has made great contribution for Chinese companies, products and brands to go global, to expand export and import, to build China into a big and strong trading nation, and to the development of an open world economy.

Xu Bing introduced that the whole arrangement of the 124th Canton Fair remains the same and exhibition size steady. The 124th session will still be held in three phases with a total exhibition area of 1.185 million square meters and 60,645 booths. There are 25,583 exhibiting companies from home and abroad. Phase 1 starts from Oct 15th to 19th, showing Electronics and Household Electrical Appliances, Lighting Products, Vehicles Spare Parts, Machinery, Hardware & Tools, Building Materials, Chemical Products and Energy Products. Phase 2 starts from Oct 23rd to 27th, showing Daily Consumer Goods, Gifts and Home Decoration Products. Phase 3 starts from Oct 31st to Nov 4th, showing Textile and Garment, Shoes, Cases and Bags, Recreation Products, Medicine and Healthcare Products and Food.

16 categories of products will be exhibited in 51 sections. In this session, there are 59,647 booths and 24947 exhibiting companies in the National Pavilion. The booth arrangement is as follows: 12,125 brand booths and 47,522 general booths, taking up 20% and 80% respectively. The number of exhibiting companies in 3 phases is: 8,735 in Phase 1, 7,561 in Phase 2, and 8,651 in Phase 3.

The International Pavilion will be set up in Phase 1 and Phase 3, with an area of 20,000 square meters. There are 998 booths and 6 product zones, and 636 enterprises and 10 national and regional delegation from 34 countries and regions.

Xu said that in this session we take the opportunity of brand booth review and structural optimization of exhibition sections. There are 3847 companies in the selection, whose demand for booths almost doubled the size of brand zone. 80% of the companies in the selection are those from the last session.

After strict selection process 2297 brand companies have been picked with 12125 booths arranged in the brand zone for them. Among them 31.5% are new exhibitors and 58% are production enterprises.

New exhibitors in New Energy, Pet Products and Outdoor Spa take account of 19.15% of the total, with better structure as well. In Area A Phase 3, 7 textile and garment industrial cluster in the Central Lane have been established including 4 national demonstration bases of the transformation of foreign trade, and formed a concentrated display of local feature industries.

In this session the expo will make good use of domestic and international markets and resources and improve the function of “selling to and buying from the globe”. 60% of overseas exhibitors are from “Belt & Road” countries and regions with 7 national delegations and 3 regional delegations.

In Phase 1 industrial products with high technological content and high-end brands will be displayed , in Phase 3 we consumer products with regional features, complementary advantage compared with domestic products and high market demand for import will be shown.

To improve trade matchmaking effect the fair will organize multiple trade matchmaking events to provide “one-stop” solution for suppliers and buyers.

Xu mentioned that in this session we will stick to the principle of “innovative, specialized, targeted and delicate”, focus on key sections and target markets, to provide a more convenient attending experience, more secure transactions and higher return for buyers.

Big-data driven digital marketing based on social media and search engine made the intelligent marketing improved to spur innovation in marketing mode.

The 124th Canton Fair will continue to provide information service, play Canton Fair’s role as a comprehensive multi-functional platform to boost quality development of foreign trade.

We will promote open economic development of different regions. To support local feature industries, products and brands to go global and to promote export, we’ve tapped into Canton Fair’s vast resource of buyers at home and abroad and will launch local industry promotion and trade matchmaking events according to their needs.

The fair will organize 105 promotion events for Guangdong Province, Hunan Province, Liaoning Province, Guizhou Province, Zhejiang Province, Jiangsu Province, Sichuan Province, Fujian Province, and Qingdao, Nanjing, Chengdu, Guangzhou cities etc.

629 companies with 1214 products have participated in the competition of 2018 CF Awards; both number a record high. After selection by the committee, 100 products from 77 companies have won Bronze, Silver, Gold and Best of Best Awards, and the awarding ceremony will be held during Phase 2.

There will be 20 events, covering the themes of international trade development, trade risk prevention and control, Sino-US trade friction, supplier-buyer matchmaking, IPR, fashion trend and more.

To improve the effect of Canton Fair product design and trade activities 107 design agencies from 14 countries and regions and 34 garment design brands participated in design display presenting abundant resource for the upgrading of enterprises.

In this session Canton Fair Original Design Fashion Show has been renamed “Canton Fair Fashion Week”; the multi-functional onsite area for events at Hall 7.1 will be used for relevant activities combing fashion show, color trend, trade analysis and so on.

“2018 Design Guangzhou” series activities will be a great momentum to build a bridge for global design and China’s manufacturing.

To accelerate the digital transformation of Canton Fair the heat map of crowd based on wifi usage in all the indoor exhibition halls and statistics and analysis service, showing the crowd situation with data launched at this show.

The badge application procedures has been improved. The environment of registration office becomes more optimized in Area A with 12 more green channels of online pre-registration.  It made possible badge pick-up service faster for those who already pre-registered.

The Opening Reception of the 124th Canton Fair and Canton Fair International Trade Development Forum was held in Westin Hotel in the evening of Oct 14th.

2018 Canton Fair Foreign Trade Innovation Development and CF Awarding Ceremony will be held in Conference Room No.8, Area B, in the afternoon of Oct 24. Briefing of China’s foreign trade situation (fall of 2018) will be held in the afternoon of Nov 3rd. Canton Fair dialogue will be held in the afternoon of Nov 3rd.

For further information you can go to the official website of China Import and Export Fair (Canton Fair)  http://www.cantonfair.org.cn/en

© The Expo Review

IMF Releases World Economic Outlook, October 2018

IMF released world economic outlook, October 2018 yesterday. The steady expansion under way since mid-2016 continues, with global growth for 2018–19 projected to remain at its 2017 level. At the same time, however, the expansion has become less balanced and may have peaked in some major economies. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded.

“The latest World Economic Outlook report projects that global growth will remain steady over this year and next, at last year’s rate of 3.7 percent”, Maurice Obstfeld, Economic Counsellor and Director of the Research Department of IMF said.

Global growth for 2018–19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and it has become less balanced. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded. Global growth is projected at 3.7 percent for 2018–19—0.2 percentage point lower for both years than forecast in April.

The downward revision reflects surprises that suppressed activity in early 2018 in some major advanced economies, the negative effects of the trade measures implemented or approved between April and mid-September, as well as a weaker outlook for some key emerging market and developing economies arising from country-specific factors, tighter financial conditions, geopolitical tensions, and higher oil import bills.

Output losses after the 2008 financial crisis appear to be persistent, irrespective of whether a country suffered a banking crisis in 2007–08. Sluggish investment was a key channel through which these losses registered, accompanied by long-lasting capital and total factor productivity shortfalls relative to precrisis trends.

Policy choices preceding the crisis and in its immediate aftermath influenced postcrisis variation in output. Underscoring the importance of macroprudential policies and effective supervision, countries with greater financial vulnerabilities in the precrisis years suffered larger output losses after the crisis. Countries with stronger precrisis fiscal positions and those with more flexible exchange rate regimes experienced smaller losses. Unprecedented and exceptional policy actions taken after the crisis helped mitigate countries’ postcrisis output losses.

Inflation in emerging market and developing economies since the mid-2000s has, on average, been low and stable. IMF investigated whether these recent gains in inflation performance are sustainable as global financial conditions normalize.

First, despite the overall stability, sizable heterogeneity in inflation performance and in variability of longer-term inflation expectations remains among emerging markets.

Second, changes in longer-term inflation expectations are the main determinant of inflation, while external conditions play a more limited role, suggesting that domestic, not global, factors are the main contributor to the recent gains in inflation performance.

Third, further improvements in the extent of anchoring of inflation expectations can significantly improve economic resilience to adverse external shocks in emerging markets. Anchoring reduces inflation persistence and limits the pass-through of currency depreciations to domestic prices, allowing monetary policy to focus more on smoothing fluctuations in output.

© The Expo Review

 

Samsung Electronics Wins at Two Top Global AI Machine Reading Comprehension Challenges

robot learning or machine learning

3d rendering robot learning or machine learning with alphabets. Photo by Samsung Electronics

Samsung Research, the advanced R&D hub of Samsung Electronics’ business, has ranked first in two of the world’s top global artificial intelligence (AI) machine reading comprehension competitions.

Samsung Research recently placed first in the MS MARCO (Microsoft MAchine Reading Comprehension) competition, as well as showing the best performance in the University of Washington’s ongoing competition for TriviaQA, a challenge dataset for AI reading comprehension. Competitions such as MS MARCO and TriviaQA are ongoing competitions and allow contestants to participate at any time, rankings are altered according to real-time test results.

With intense competition in developing AI technologies globally, machine reading comprehension competitions such as MS MARCO are booming around the world. MS MARCO and TriviaQA are among the actively researched and used machine reading comprehension competitions along with SQuAD (Stanford Question Answering Dataset) of Stanford University and NarrativeQA developed by the University of Oxford and Google’s DeepMind. Distinguished universities around the world and global AI firms, including Samsung, are competing in these challenges.

Machine reading comprehension is where an AI algorithm is tasked with analyzing data and finding an optimum answer to a query on its own accord. For MS MARCO and TriviaQA, AI algorithms are tested on their capabilities of processing natural language from real anonymized user queries and also providing written text in various types of documents such as news articles and blog posts.

For example in MS MARCO, ten web documents are presented for a certain query to let an AI algorithm create an optimum answer. Queries are randomly selected from a million queries from Bing (MS search engine) users. Answers are evaluated statistically by estimating how close they are to human answers.

Samsung Research took part in the competitions with ConZNet, an AI algorithm developed by the company’s AI Center. ConZNet features skillful capabilities through adopting the Reinforcement Learning technique, which advances machine intelligence by giving reasonable feedback for outcomes, similar to a carrot-and-stick strategy to reinforce learning outcomes. The Reinforcement Learning technique is the most advanced type of Machine Learning AI algorithm, and cutting-edge AI technologies, including AlphaGo, are upgrading machine intelligence by applying this technique.

With the recent acceleration in global competition to develop AI technologies, contests are widespread in the areas of computer vision (technologies to analyze characters and images) and visual Q&A to solve problems using recognized images of characters as well as machine reading comprehension.

The Beijing branch of Samsung Research won the International Conference on Document Analysis and Recognition (ICDAR) hosted by the International Association of Pattern Recognition (IAPR) in March, putting them in a top-tier group for global computer vision tests. The ICDAR is the most influential competition in Optical Character Recognition (OCR) technologies.

“We are developing an AI algorithm to provide answers to user queries in a simpler and more convenient manner, for real life purposes,” said Jihie Kim, Head of Language Understanding Lab at Samsung Research. “Active discussion is underway in Samsung to adopt the ConZNet AI algorithm for products, services, customer response and technological development.”

© The Expo Review

Asia Pacific Maritime 2018 Returns on March at the Singapore Marina Bay Sands Expo and Convention Center

Asia Pacific Maritime 2018 will be held from 14 to 16 March 2018 at the Singapore Marina Bay Sands Expo and Convention Center.

The 15th Asia Pacific Maritime (APM), Southeast Asia’s most established maritime, workboat and offshore exhibition and conference will present its strongest line-up of keynote and conference speakers.

The biennial event will expect to play host to more than 1,500 international exhibiting companies from 60 countries, and over 15,000 trade visitors from Asia.

Over 40 leaders and experts from across the global maritime industry will lead pertinent discussions on the major trends and issues shaping the maritime, workboat and offshore industries, whilst sharing their insights and forecast to help players forge the way forward.

In addition to the inaugural APM Leaders’ Forum (14 March 2018) (more here), the three-day APM Conference will also cast the spotlight on the vessel market (15 March 2018), specifically the outlook for the tanker market, shifting trends in maritime finance and an in-depth look at Vietnam’s growing maritime industry.

Day three (16 March 2018) will see industry leaders examine the maritime industry’s priorities in marine fuels, the latest hybrid technologies and offshore prospects. “Whether in good times or in bad, the need to stay relevant is imperative to futureproof your business. APM seeks to help the maritime industry do just that by pulling together under one roof a powerhouse conference, comprehensive exhibition and high-value networking events to catalyse prospective business matches, drive profitable business relations and provide our delegates with the most relevant business contacts, including some of the industry’s most powerful personalities,” said Yeow Hui Leng, Senior Project Director, Asia Pacific Maritime.

Paving the future for the global maritime industry The dynamism of the global maritime industry has also given industry leaders optimism for what 2018 has in store. “Global oil demand growth is strong and export-oriented refinery capacity is increasing to meet this demand. The shift of short-term oil market dynamics, coupled with underlying strong demand growth and declining supply growth, is setting the stage for a seasonable rebound, at least in the mid-range product tanker market,” said Gernot Ruppelt, Chief Commercial Officer, Ardmore Shipping Corporation. Mr Ruppelt will be shedding more insights on the tanker market during his session on day two of the APM Conference.

Other keynote speakers on day two include Capt. Michael Elwert, Group Chief Executive Officer, Elektrans; Nicolas Parrot, Managing Director, Head Transportation Sector Investment Banking Asia Pacific (Singapore), BNP Paribas Singapore; and Tim Wilkins, Environmental Director & Regional Manager Asia-Pacific, INTERTANKO.
The APM Conference will also play host to distinguished leaders from Vietnam’s maritime industry as they help industry players understand the development and potential of this emerging shipping hub in Southeast Asia. Strategically located along the major shipping route in the South China Sea, its burgeoning oil industry with its own reserves, rigs and refineries provide a strong foundation for maritime activity. The extensive port infrastructure across its coastline is also well-poised to facilitate average annual export growth. Speakers include Bui Viet Hoai, Deputy General Director & Vice Chairman, Vietnam, Vietnam National Shipping Lines (VINALINES) & Vietnam Ship owners’ Association (VSA); Hai Bang Pham, Head of Sea Ship Classification & Registry Department, Vietnam, Ministry of Transport – Vietnam Registry, Vietnam; and Nguyễn Tất Hoàn, Deputy Director on Operation and Field Development PVEP POC and Director General of Seahorse Yacht, Vietnam.

With climate change an ever-growing global concern, the International Maritime Organization (IMO) announced last October that it would implement a global cap on marine sulfur emissions in January 2020. Further restrictions on nitrous oxide (NOx) emissions will take place in January 2021, and longer-term carbon dioxide (CO2) marine emissions might also be curbed.

“The international shipping community faces a tough situation, as vessel owners and operators will need to retrofit their vessels or do new-builds by 2020 in order to meet the IMO’s requirements. However, they must also consider the longer-term NOx and CO2 restrictions, and which technology will help them achieve a long-term, economically-viable and environmentally-friendly marine footprint,” said Dom LaVigne, Director of Government & Public Affairs – Asia Pacific/Middle East, Methanol Institute (MI).

Experts including Mr Dom LaVigne; Henning Gloystein, Energy Editor, Asia, Thomson Reuters; Per Christer Lund, PhD, Counsellor for Science & Technology, Royal Norwegian Embassy; and Dr Marc Perrin, in charge of the R&D Programme on LNG and International Development at ENGIE Lab CRIGEN (Center for Research and Innovation in Gas and New Energies) will discuss how fuel and technology solutions such as methanol and LNG are being implemented, and what is the best course moving forward.

Echoing Mr LaVigne’s sentiments for eco-friendly and energy efficient maritime equipment and technologies is Ms Xue Hua, Managing Director, Weichai Singapore Pte Ltd. “Hybrid technology and lithium battery technology in vehicle application are the recent talk of the town, and I foresee a shifting trend in the maritime sector towards the adoption of alternative or greener energy.” Insights from 23 maritime leaders, including Ms Xue’s, on how the maritime landscape will change in 2018 has been compiled into the #onething2018 e-book that will be available at the APM Conference. Co-located partner conferences to address cyber threats and IP risks Other co-located partner conferences are Digital Ship’s Maritime Cyber Resilience Forum (15 March 2018) to tackle the omniscient cyber threat growing across all sectors.

With increasing reliance on technology, cyber resilience becomes business-critical to protect operations, processes and data from attacks, damage or security breaches. The Intellectual Property (IP) Management and Enforcement in the Maritime Industry (16 March 2018) will debate on intellectual property (IP) issues in the maritime industry and strategies to protect against risks. Talent-building at APM Talent remains a critical success factor for the future of the maritime industry.

To engage tomorrow’s maritime leaders and build talent, APM will hold a new Career & Skills Pavilion for professionals in the maritime industry seeking prospective career, networking, and training and development opportunities throughout the sector. Top talent development agencies participating include CPP Asia Pacific, Direct Search Asia, Facilitators Network Singapore, Gemini Personnel, Institute of Marine Engineering, Science & Technology (IMarEST) and the Singapore Association of Shipsuppliers and Services (SASS) Academy. Gemini Personnel will also be offering a complimentary Workplace Culture psychometric assessment to the first 100 visitors at their booth each day. Networking at the heart of APM Also forming the backbone of APM is its networking events, which have been revamped with a more targeted approach.

New next year is the series of six thematic networking sessions tailored to bring together international companies and buyers from Asia with similar interests to forge new partnerships. The six themes are: Powering the way forward – next generation marine power; Best in class marine equipment and fitting; IMO 2020 vision: Preparing for the new global sulphur cap; Competing on a global playing field in terms of shipbuilding; The future of maritime shipping – transforming shipping industry with ICT and digitalisation; and Lubricant, coating and corrosion. Using the APM Recommendation Tool that crosses data to match common business interests, buyers will be connected to the relevant exhibitors while for exhibitors, the tool actively recommends them to their most targeted audience at the exhibition.

 

Other events organised for APM delegates to network include the inaugural APM Networking Golf event (13 March 2018) organised in partnership with Singapore Maritime Network (SMN), which brings together top leaders in the maritime community for both business and leisure connections.

More information about APM 2018 is available on https://www.apmaritime.com

© The Expo Review

Hong Kong Fashion Week Opens this Month with Exciting Events

Organised by the Hong Kong Trade Development Council (HKTDC), the 49th edition of Hong Kong Fashion Week for Fall/Winter kicks off on 15-18 January at the Hong Kong Convention and Exhibition Centre (HKCEC). Featuring some 1,400 exhibitors from 13 countries and regions, the fair will showcase the latest fashion designs, global brand collections, garments, fashion accessories, fabrics and clothing accessories.

Under the theme “New-World Explorers,” this year’s Hong Kong Fashion Week features more than 20 exciting events, including fashion parades and presentations, seminars, as well as a buyer forum and networking reception.

New “Corporate Fashion and Uniforms” zone 
Responding to growing demand for workplace uniforms, the fair this year will introduce the new “Corporate Fashion and Uniforms” zone. A fashion parade and a related seminar will also be organised, with representatives from the garment, construction and fashion design industry invited to offer a multifaceted view on new growth opportunities in the uniform market.

Another new zone, the World of Fashion Accessories, features the latest designs in bags, footwear, legging & socks, gloves, scarves and shawls. Other thematic zones include the Fashionable Sportswear and Urban Clothing zones, which return after their successful debut last year; and the International Fashion Designers’ Showcase, which features fashion design talents from around the globe. The fair also welcomes new exhibitors from Malaysia, while group pavilions from the Chinese mainland, India, Indonesia, Japan and Pakistan will also be featured at the event.

Céline Dion 2018 SS Accessory Collection makes its Asia-Pacific debut
Hong Kong exhibitor Innee-Sedona International Ltd will showcase a range of fashion accessory collections from the Céline Dion brand. Last year, the company was appointed the sole Asia-Pacific distributor of products from the brand curated by the singer and celebrity.  In 2017, Céline Dion partnered with the Canadian The Bugatti Group to launch her eponymous label, which includes handbags, luggage and other fashion accessories. Each piece reflects Céline Dion’s preferences, lifestyle and attention to detail combined with quality and craftsmanship. The brand’s 2018 SS collection will make its Asia-Pacific debut at Hong Kong Fashion Week, showcasing a range of products including handbags, luggage and small leather accessories.

Other featured products at the fair include: the Japanese company Avenir International Co, Ltd’s children’s wear, featuring tweed fabric made by well-known British brand Linton; the Hong Kong exhibitor Antonhill Co Ltd’s chef’s uniform, which is 80 per cent stain-resistant and breathable; Hong Kong exhibitor Heltex Ltd’s eco cashmere collection, made from undyed and unbleached cashmere; as well as a new textile product featuring temperature-control functions, jointly developed by the Hong Kong Research Institute of Textiles and Apparel (HKRITA) and the Institute of Textiles and Clothing of The Hong Kong Polytechnic University, suitable for both general apparel and specialised medical applications.

Unique fashion show “FASHIONALLY Presentation” 
More than 10 fashion parades and presentations will be staged during the four-day fair, including “FASHIONALLY Presentation,” launched for the first time by the Hong Kong fashion website FASHIONALLY.com. Unlike conventional runway shows, the unique presentation will showcase the design concepts and 2018 FW works of local fashion designers Derek Chan, Aries Sin and Mim Mak, in the form of storytelling set in a theatre-like stage. The stage design, props and story sequence of the FASHIONALLY Presentations are all orchestrated by the designers themselves.

On the first day of the fair, FASHIONALLY COLLECTION #11 will present the 2018 FW Women’s Wear collections of YEUNG CHIN, phenotypsetter (designer: Jane Ng), 112 mountainyam (designer: Mountain Yam), FromClothingOf (designer: Shirley Wong) and KEVIN HO. Two local creative units, The Spring is Here and Start from Zero, will hold workshops on making Japanese moss balls, otherwise known as kokedama, brooches and wooden tool boxes. The DIY workshops aim to promote the message of nurturing young fashion talents through the use of raw materials. For enrolment details, please refer to FASHIONALLY Facebook page:  (https://www.facebook.com/fashionally/)

Seminars on market trends and industry developments 
A series of seminars and forums will be held during the four-day fair, where industry professionals will offer insights and share the latest market information. Leading international fashion forecaster Fashion Snoops will present its latest forecast and analysis on men’s and women’s wear for SS2019. Other seminars will discuss issues such as cleaner production, footwear design and innovation. A networking reception will be held on the first day of the fair, providing the industry with networking opportunities.

YDC 2018 opens for application 
Apart from FASHIONALLY COLLECTION #11 and the FASHIONALLY Presentation, FASHIONALLY Street (Hall 1C) will also showcase the latest works of local designers participating in this year’s Fashion Week. The Hong Kong Young Fashion Designers’ Contest (YDC), a springboard for unearthing local design talent, will be held during CENTRESTAGE in September. Applications will open on 15 January (http://fashionally.com/ydc_application).

New measures to enhance buyers’ sourcing experiences
With the growing prevalence of mobile communication, the HKTDC will launch the e-Badge initiative at this year’s Hong Kong Fashion Week for Fall/Winter. Buyers can download the environmentally friendly e-Badge from the mobile app HKTDC Marketplace, to access exhibitors and fair information and enjoy a more convenient and comprehensive fair experience.

© The Expo Review

Robots: Japan delivers 52 percent of global supply

Frankfurt, Tokyo, Nov 23, 2017 — The production capacity of the Japanese suppliers has reached 153,000 units in 2016 – the highest level ever recorded. Today, Japan´s manufacturers deliver 52 percent of the global supply. These are results published by the International Federation of Robotics (IFR) ahead of the International Robot Exhibition (iREX) in Tokyo – November 29th – December 2nd 2017.

Robot sales in Japan reaching the highest level since 2006

“Japan is a highly robotized country where even robots are assembled by robots”, said Joe Gemma, President of the International Federation of Robotics (IFR). “The statistics show that automation strongly boosts exports and domestic investments as well – robot sales in Japan increased by 10 percent to about 39,000 units in 2016 – reaching the highest level in the last ten years.”

Japan´s high export rate

Japan exported a total of nearly 115,000 industrial robots in 2016 with a value of 309 billion yen (about US$ 2.7 billion). This is by far the highest export volume for one year. The export rate increased from 72 percent to 75 percent (2011-2016). North America, China, the Republic of Korea and Europe were target export destinations. The Japanese imports of robots were extremely low, only about 1 percent of installations. Thus, foreign robot suppliers did not achieve a high sales volume in Japan. The home market has strongly recovered since the financial crisis in 2009 and reached 39,000 units, the highest level since 2006 (37,000 units).

Car- and electrical/electronics industry dominate

The automotive industry is the largest destination market for industrial robots in Japan with a share of 36 percent of the total supply. Car manufacturers bought 48 percent more industrial robots than in 2015 (2016: 5,711 units). Japanese car suppliers are leading in the production of hybrid cars and will increase investments in automated driving technologies. The development of new materials which reduce weight and save energy will also foster investments in robot automation. However, the ongoing reduction of production capacities in Japan will impact domestic demand for robots. Investments abroad, on the other hand, will continue to increase. The Japanese car companies have been increasingly expanding production facilities overseas, particularly in China, as well as other Asian countries and in the United States and Mexico.

After the strong growth of robots in the electrical/electronics industry in 2015 (11,659 units), a decrease of 7 percent followed in 2016. However, the electrical/electronics industry has preferred to invest in production facilities abroad. Furthermore, continued investments in robots can be expected in this sector with the increasing demand for chips, displays, sensors, batteries and other technologies around electro mobility, and industry 4.0 (connected industries).

The two most important customer groups of industrial robots in Japan – automotive and electrical/electronics – had jointly, a share of 64 percent of the total supply in 2016. Robot sales to both sectors increased by 8 percent in 2016. In all other branches, as a whole, the market increased by 14 percent.

Japan outlook 2020

In Japan, the economy benefits from increased foreign demand, especially from China, the expansive monetary policy of the Bank of Japan and the weaker yen. Based on estimates provided by the Japanese Robot Association (JARA), the IFR expects an increase of around 10 percent in 2017 in domestic installations. Between 2018 and 2020 a further average annual increase of about 5 percent is likely, provided the economic recovery in Japan continues.

IFR Japan data overview

Please find below an overview of the new IFR data about industrial robots in Japan:

Japan – new peak in 2016

Sales

  • 38,586 new robots installed (new record), 10% higher than in 2015
  • CAGR 2011-2016: +7%
  • Global ranking 2016: No. 3
  • Shares of total supply: Handling operations 36%, welding 22%; Automotive industry 36%, electrical/electronics industry 28%

Stock of operational robots

  • About 287,300 units, slight increase over 2015 (286,600)
  • CAGR 2011-2016: -1%
  • Global ranking 2016: No. 2
  • Shares of total stock: Handling operations 36%, welding 23%; Automotive industry 35%, electrical/electronics industry 31%, metal and machinery industry 10%

Source:International Federation of Robotics (IFR)

© The Expo Review

Post Show Report:The 37th HKTDC Hong Kong Electronics Fair (Autumn Edition) and the 21st electronicAsia

HKTDC_Electronic Fair_2017

The Hall of Fame at the Autumn Electronics Fair gathers the latest electronics products from more than 550 top international brands. Photo©HKTDC

The 37th HKTDC Hong Kong Electronics Fair (Autumn Edition), organised by the Hong Kong Trade Development Council (HKTDC), and the 21st electronicAsia, jointly organised by the HKTDC and MMI Asia Pte Ltd, opened last October 13 at the Hong Kong Convention and Exhibition Centre (HKCEC).

As the world’s largest electronics marketplace, the Autumn Electronics Fair and electronicAsia attracted some 4,300 exhibitors from 25 countries and regions this year. The HKTDC has organised 140 buying missions, representing more than 9,000 companies from 64 countries and regions for the two fairs.

The 37th HKTDC Hong Kong Electronics Fair (Autumn Edition) and the 21st electronicAsia closed one day earlier on 15 October due to the tropical cyclone, the fairs attracted a total of around 86,000 buyers from 139 countries and regions in three days.

Over 60,000 buyers visited the Autumn Electronics Fair while around 26,000 visitors attended electronicAsia. The Autumn Electronics Fair was organised by the Hong Kong Trade Development Council (HKTDC), while electronicAsia was jointly organised by the HKTDC and MMI Asia Pte Ltd.

To match with buyers’ sourcing needs, the Autumn Electronics Fair featured a number of thematic zones. The Hall of Fame gathers the latest electronic products from more than 550 top international brands, including Binatone, Goodway, Motorola, VTech for buyers to easily source retail-ready products.

The fair also featured some popular zones such as i-World, which spotlights smart device accessories, Wearable Electronics, Digital Imaging and Electronic Gaming. The Chinese mainland, Korea and Taiwan have set up group pavilions at the fair. Beihai city in Guangxi Province also exhibited at the fair for the first time, bringing its local electronic products and technology.

The Tech Hall, located at the Convention Hall, focused on a number of highly sought-after tech products. The Virtual Reality (VR) zone showcased a range of gaming products and smart eyeglasses using virtual reality and augmented reality technologies. The Robotics & Unmanned Tech zone presented the latest drones and service robots. The Smart Tech zone gathered smart IoT products for personal and household use. The 3D Printing zone featured the most recent 3D printers and related supplies.

The Tech Hall also featured the Startup zone, gathering close to 100 start-ups from Hong Kong, Canada, the Chinese mainland, Japan, Singapore, Taiwan and the United States. They covered a wide range of businesses, showcasing remarkable creativity in their electronics and technology products, such as trendy gadgets and smart household appliances, to computer and smartphone accessories and mobile apps.

With the rapid progress of technology, the electronics industry must stay competitive by launching new products. A number of forums and seminars have been organised, including today’s Symposium on Innovation & Technology, organised by the HKTDC and the Hong Kong Electronics & Technologies Association.  Under the theme “Connected Living,” the Symposium opens with the Chief Executive of the HKSAR Government Carrie Lam as the officiating guest. Representatives from several technology giants share the latest developments in technology. Microsoft Hong Kong discusses mixed reality technology, while Tencent talks about smart city and Google examines the latest developments of machine learning. Other topics include artificial intelligence and autonomous driving

HKTDC Deputy Executive Director Benjamin Chau said: “The fair period was cut short to three days due to weather conditions and some buyers’ travel plans might have been affected. In spite of this, we have taken various measures to attract more buyers to visit the fairs on the last day, and facilitate the business connections between exhibitors and buyers. Through the on-site survey, we found that the electronics industry is positive towards the sector’s outlook. Buyers are grasping the last chance to source products on the final day.”

During the fair period, the HKTDC commissioned an independent survey, interviewing a total of 1,025 exhibitors and buyers about the outlook for the electronics market and new product trends. More than half (54%) of the respondents expect the overall sales of their companies will increase next year, up 6 percentage points from the survey in 2016. For major markets, respondents are most optimistic about ASEAN (92%), followed by the Chinese Mainland (91%), Latin America (85%) and Taiwan (85%).

With the Internet of Things (IoT) becoming more popular, the survey reveals that 84 per cent of respondents think audio visual items will be the product category most benefitted from the smart home trend, followed by wireless charging devices (81%) and systems items for connection with the Internet/mobile network (77%). The industry also believes that consumers are willing to pay a premium of 18% for products with smart home capabilities compared to traditional products. 81 per cent of respondents are optimistic about the virtual reality and augmented reality devices market in the next two years. For related products, they are most optimistic about audio visual items for entertainment purpose (56%), followed by mobile/on-line games (55%).

Start-ups receiving orders 
The Startup zone at the Autumn Electronics Fair this year attracted close to 100 start-ups from seven countries and regions, doubling last year’s number. The Zone provides a one-stop promotional platform for start-ups to meet with potential suppliers, buyers and investors. The start-up supporting institution Gadget Excelerator Lab (Gelab) led 12 start-ups to the Autumn Electronics Fair this year. Francois Lee, CEO of Gelab, said that the HKTDC had proactively promoted the Startup zone through different media platforms. “We are happy to see that many buyers from Southeast Asia and the Middle East have made enquiries, and some of them consider placing small orders to test local markets.”

Strong demand for smart products in emerging markets
The fair featured a wide range of state-of-the-art electronics products to suit buyers’ needs. Besides the Startup zone, the Tech Hall also featured the Virtual Reality (VR), Robotics & Unmanned Tech, Smart Tech and 3D Printing zones to showcase popular high-tech products. Jafar Sherif, a buyer from the United Arab Emirates, said as a lot of residential and commercial projects are under construction due to the Expo 2020 in Dubai, IoT and smart products will enjoy strong demand. This is his first visit to the Autumn Electronics Fair. He had found 30-40 potential suppliers of IoT solutions, AV systems and smart devices from Hong Kong and the Chinese mainland.

Source:HKTDC

© The Expo Review

ICT Market is Picking Up Growth Driven by Emerging Market Economies

According to a new EITO report released September 20, 2017, demand for information and communications technology (ICT) is picking up speed across Europe. ICT revenues in EU member states are expected to increase by 1.8 percent to 683 billion Euros in 2017.

Last year, the increase was slightly lower with 1.3 percent. As in the past few years growth is mainly driven by the market for information technology. Sales of IT hardware, IT services and software are expected to increase by 3 percent to 389 billion Euros. The telecommunications market is, growing at a much slower rate of 0.3 percent to 294 billion Euros. The software and IT services segments are showing the strongest growth, with an increase of 5.4 and 2.7 percent, respectively.

“The solid growth in sales of software and IT-services reflects the ongoing digitization of the economy as a whole. Companies from all industries invest in digital technologies, such as cloud computing and big data”, says Axel Pols, Managing Director at Bitkom Research.

“In the telecommunications market, the decline of the past year was stopped because a 2.2 percent increase of investments in telecom equipment offset a 0.4 percent decrease of spending on telecom services.”

Within the European Union, Hungary will record the strongest ICT market growth in 2017, with an expected increase of 5.2 percent. Unshaken by the Brexit decision, the United Kingdom is also among the top performers, with a plus of 3.5 percent to 140 billion Euros. At the other end of the spectrum, the Greek ICT market, already affected by the crisis, is forecast to decline by 1.0 percent.

 

According to the EITO forecast, ICT revenues worldwide will rise by 3.3 percent to 3.2 trillion Euros. The market for information technology grows 3.4 percent to 1.4 trillion Euros, which is only slightly higher compared to the telecom market with a gain of 3.3 percent to 1.8 trillion Euros.

 

“The growth of global telecom revenues is mainly driven my emerging market economies”, explains Axel Pols. By international comparison the ICT markets continue to grow fastest in India (plus 9.0 percent) and China (8.5 percent). The US is still by far the world’s largest ICT market with a plus of 3.0 percent to 979 billion Euros.

 

Source:  2017/18 of the European IT Observatory (EITO)

© The Expo Review

Leading Beauty B2B Event ‘Cosmoprof Asia 2017’ Events & Seminars Released

Cosmoprof Asia, the leading B2B beauty event in the Asia-Pacific region, is the ideal place to find the region’s latest trends and innovations, has been held at the two trade fair venues: AsiaWorld-Expo (AWE) (hosting Cosmopack Asia) from 14 to 16 November; and the Hong Kong Convention & Exhibition Centre (HKCEC) from 15 to 17 November.

This year, the show welcomed 2,800 exhibitors as well as 24 country and group pavilions at both venues. Korea has been appointed as the Country of Honor as it is arguably one of the most important cosmetic manufacturing centers and markets in the region. 549 Korean exhibitors this year are showing an increase of 17 percent in number compared to last year’s show.

Many events and seminars has been held throughout the fair across two venues – AsiaWorld-Expo (AWE) and the Hong Kong Convention & Exhibition Center (HKCEC), as shown below:

 

COSMOTALKS

Cosmotalks is a series of seminars to be held at both AWE and HKCEC from 14-17 November. At AWE, the seminars will focus on the most relevant and interesting topics related to the cosmetic industry – innovation and research, formulation, cutting-edge natural raw materials, eco-sustainable design and new packaging solutions, together with market research in the Asia-Pacific region.

These seminars are organised in partnership with Beautystreams, Centdegrès, CosmeticsDesign.Com, Ecovia Intelligence, Hong Kong Society of Cosmetic Chemists, Neuni Group, NPD, WGSN and Yang Design.

Meanwhile, at HKCEC, you can find specific talks on the trends that are affecting the development of the industry, both locally, with a focus on beauty trends in Korea, Japan and China, and globally, with an analysis of the digital impact on the beauty industry; luxury cosmetics; and the impact of millennials on marketing, sales and product development strategies. These educational sessions are organised in collaboration with partners such as Beautystreams, Cosmetic Observer, Creative Capital, Google, Kline and Mintel.

 

SPA CONFERENCE

The Spa Conference celebrates its tenth edition this year, with a focus on the trends, novelties and economic development of the spa industry. Managers and spokesmen from the most prestigious hotel associations will lead the panel of speakers, focusing on main Asian markets. This event will be held at The Forum area, a place dedicated to thematic seminars in HKCEC, from 15-16 November.

 

NATURAL & ORGANIC SYMPOSIUM

In conjunction with the debut of the new Natural & Organic zone in Cosmoprof Asia 2017, the Natural & Organic Symposium will be held at The Forum area at HKCEC on 16 November. This symposium, organised in collaboration with Ecovia Intelligence, features three sessions devoted to the analysis of the natural and organic cosmetics market: including the main trends, opportunities and challenges, marketing and distribution strategies and what are the consumers’ expectations on certified organic products.

 

COSMOPROF ONSTAGE

Cosmoprof Onstage is where all beauty trends come to life. Happening on the main stage of Hall 5C, HKCEC from 15-17 November, there will be live shows and demo sessions on hair styling, nail art creations, make-up techniques, beauty treatments and presentations of innovative products.

The highlight of the event will be the K-Beauty Shows. This show, presented by Korea which is this year’s Country of Honor, features thematic seminars and live demonstration showcasing the best of Korean beauty trends.

The Japan Beauty Week’s “Catch up! Japanese NEW Kawaii Beauty”, to occur on 16 November, is another highlight. Presented in collaboration with Japan’s popular women’s magazine “non-no”, this show will feature renowned make-up artist from Japan who will be introducing Japan’s latest make-up trends to the world.

Meanwhile, happening on 17 November is the Hong Kong Professional Nailist Union Competition 2017, organised by the Hong Kong Professional Nailist Union. This exciting nail competition will see more than 200 contestants from around the world competing in 8 categories, including French Sculpture, One Tone Sculpture, Gel Manicure, Flat Art Tip Design, Fantasy Nail Art, Mix Media Boxed Nail Art, Manicure Art and Vocational College Manicuring.

Source:Cosmoprof Asia

© The Expo Review

Core data from UFI’s World Map of Exhibition Venues shows growth of global venue space

– 1,221 exhibition venues serve the industry around the world

– Total venue space available for exhibitions globally has grown to almost 35 million sqm

– Asia now offers more exhibition venue space then North America. Europe is home to the most exhibition space

– The number of larger exhibition venues around the world is growing significantly

As the total amount of exhibition space available around the world continues to grow, exhibition organisers have a more and more diverse choice of venues available in their target markets.

Data released last November 7 by UFI, the Global Association of the Exhibition Industry, shows that the number of venues offering more than 100,000 sqm of gross indoor exhibition space is the fastest growing segment, while the number of venues offering at least 5,000 sqm of gross exhibition space also continues to grow.

Venue capacity is an important element for the exhibition industry and the resulting economic development it generates. With the “World Map of Exhibition Venues”, UFI regularly produces a global census of all exhibition venues with a minimum of 5,000 sqm of gross indoor exhibition space.

Offering a preliminary view of the full report that will be available in December, UFI communicated on the consolidated results of the 2017 edition of the World Map, which highlights trends and developments in recent years.

Currently, there are 1,221 exhibition venues with a minimum of 5,000 sqm of gross exhibition space around the world and the total global venue space is 34.9 millions sqm, a 7.2% increase over the last 6 years. During this same period, the number of large venues offering more than 100,000 sqm of space has grown to 61, a staggering 27% increase in just 6 years.

Due to a surge in venue projects in Asia/Pacific, driven primarily by China, there is now more venue space available in this region than in North America. That being said, Europe retains its global lead on available venue capacities with 45.4% of the global market share (down 2% compared to 2011), ahead of Asia/Pacific with 23.6% (up 3.3%) and North America with 23.4% (down 1%).

Kai Hattendorf, UFI Managing Director, says: “We are pleased to see that in recent years, additional venue space has become available in almost all regions of the world. Venue investments are long-term investments – so these trends underline the positive outlook for the exhibition industry mid- to long-term. In addition to adding new space, many venue operators have also made significant investments to upgrade their existing venue capacities.”

UFI_world_map_of_exhibition_venues_november_2017

UFI1

UFI2

UFI3

UFI4

Source:UFI

© The Expo Review

Asia Power Week Conference & Exhibition Draws over 8,000 Industry Professionals from across Asia 

Asia Power Week Conference and Exhibition, comprising of POWER GEN Asia and Renewable Energy World Asia took place on 19‐21 September 2017 at BITEC, Bangkok.

This event attracted over 8,000 industry professionals from more than 75 countries, a clear indication that Asia continues to attract the attention of the international power generation industry players.

The official launch of Asia Power Week 2017 took place at the Opening Keynote session, enjoyed by more than 400 attendees.

Speeches and presentations were provided by General Surasak Srisak, Vice Minister for Energy, Ministry of Energy; Mr. Saharath Boonpotipukdee, Deputy Governor, Renewable and New Energy, Electricity Generating Authority of Thailand; Mr. Kenji Ando, President and CEO, Mitsubishi Hitachi Power Systems, Ltd.; and Mr. Heru Dewanto, President Director, PT. Cirebon Energi Prasarana, Indonesia.

General Surasak Srisak, Vice Minister for Energy, Ministry of Energy in his keynote speech said,“Ministry of Energy Thailand leads the Alternative Energy Development Plan 2015‐2036 which aims to reduce the country’s dependence on imported energy, double the renewable energy production capacity or increase it to 30% of total energy production in 2036 and cut the greenhouse gas emission by 25%. The achievement of these ambitious goals means the related parties have to double their capacities. It is significantly necessary for all sectors to join force in order to make this national effort a success. Ministry of Energy Thailand is delighted that Asia Power Week marking its 25th anniversary will support Thailand’s direction towards the future of energy sustainability under Thailand 4.0 policy.”

The three day event also boasted a large exhibition floor, with more than 200 exhibitors demonstrating the latest leading technologies and solutions, and delivering quality of content and experience from real experts in the fields, high level networking and potential business opportunities.

Asia Power Week will in 2018 take place for the first time in Indonesia at Indonesia Convention Exhibition (ICE), BSD City, Jakarta on September 18-20, 2018.

© The Expo Review

Hangzhou to host first China edition of the leading payments and fintech event ‘Money 20/20’ in 2018

Ascential plc, the global business-to-business information company, announced that its Chief Executive Duncan Painter has personally signed on October 23 in China alongside Xie Shuang Cheng, Vice Mayor of Hangzhou and Gu Chun Xiao, Deputy Warden of Xiaoshan, a long-term partnership agreements with the city of Hangzhou and the district of Xiaoshan to run a new edition of its highly successful Money20/20 event series.

The new event called Money20/20 China will be held in November 2018 at the Hangzhou International Expo Center, the venue where the 2016 G20 Summit was hosted.

Tracey Davies, President, Money20/20, cited “China’s unique market and domestic appetite to both invent and embrace new fintech products” as the reason to launch this new edition of the leading payments and fintech event, adding that “The rise of fintech in China is something that no one in this industry can ignore.”

Money20/20 brings together visionaries and innovators from across the entire spectrum of payments, fintech and financial services to connect and create the future of money. Already boasting US, European and pan-Asian editions, Money20/20 offers participants unparalleled networking opportunities and a high-profile agenda, all of which underpins Money20/20’s mission to create a simpler, fairer, faster financial world for business and society.

The host city of Hangzhou, in China’s Zhejiang Province, has been chosen based on its long-term commitment to the future of finance. President Xi commented on its advanced commercial development at the Business 20 (B20) summit in Hangzhou last year, saying “just click the mouse in Hangzhou, and you connect the whole world.” Hangzhou is also home to such financial innovators as Alibaba and LianLian Group to name a few.

Cashless, environmentally designed and home to a new wave of China’s internet entrepreneurs, Hangzhou will provide the perfect, long-term home for Money20/20 China. Commenting on the launch in China, Davies said, “Thanks to the formidable speed, skill and scale of China’s inventiveness in fintech, China is often the country innovators look to for inspiration. It represents the largest fintech investment market in the world and at Money20/20 China, companies from China and international markets will have an unprecedented opportunity to learn about what makes China’s fintech industry so forward-looking and progressive.”

The launch of Money20/20 in China is being widely supported by prestigious partners including Ant Financial, Baidu Finance, IDG Capital Partners, LianLian Pay, Phoenix Finance, Tencent WeChat Pay, Union Mobile Financial, as well as other key players from the industry. Support also comes from associations that include the Payments and Clearing Association of China, Zhejiang Association of Internet Finance and the Zhejiang Association of Banks.

Founded in 2011, Money20/20 creates destination events where the most innovative people in payments, fintech and the broader financial services industry connect. Famed for their high-impact networking, the Las Vegas (October) and Amsterdam (June) editions are widely considered unmissable by the industry they serve. The new Asian edition will debut in Singapore in March 2018. Money20/20 is the space where the industry’s smartest visionaries and innovators come together to create the future of money. Money20/20 is an Ascential event. The official show website is  www.money2020.com

© The Expo Review

Huawei’s Richard Yu Announced as CES 2018 Keynote Speaker

Richard You Huawei

Richard Yu, CEO, Consumer Business Group, Huawei. Photo © Huawei

The Consumer Technology Association (CTA) announced that Richard Yu, CEO, Consumer Business Group, Huawei will deliver a keynote address at CES® 2018. Yu’s address will take place at 2 PM, Tuesday, January 9 in the Venetian Palazzo Ballroom. Owned and produced by CTA, CES 2018 returns to Las Vegas, January 9-12, 2018.

Mr. Yu took the CES 2017 keynote stage to discuss the future of mobility, especially in the areas of AI, virtual reality and connected technologies. He returns in 2018 to share Huawei’s exploration on future connectivity and strategy in AI, IoT and new smart devices. Mr. Yu’s keynote mirrors many of the key industry trends poised to be showcased throughout CES. Numerous exhibitors at CES 2018 will display the latest connected technologies, specifically focused on IoT, 5G connectivity, transportation, artificial intelligence and data analytics.

“Mr. Yu is an industry visionary pioneering the future of mobility,” said Gary Shapiro, president and CEO, CTA. “Under his leadership, Huawei has become a world-class, global brand that represents innovation and the power of connectivity. We look forward to welcoming Mr. Yu back to the CES keynote stage as he shares his vision of our connected world.”

Richard Yu began his career at Huawei over two decades ago in 1993. He has since held several titles with Huawei, including CTO of Wireless R&D, and director of the GSM/UMTS technical sales department. In 2006, he was appointed president of Huawei’s Wireless Network product line, and was nominated as president of the European region in 2008.

Huawei launched its Consumer Business Group in 2003. Since then, it has emerged as one of the top three smartphone brands, and has pushed the industry forward through meaningful and innovative consumer technology. Huawei serves over 170 countries and more than one third of the world’s population. Huawei’s booth at CES 2018 is located in Tech East, located in the LVCC, Central Hall #11439.

In addition to the Venetian’s Palazzo Ballroom, the Monte Carlo’s Park Theater will be a new keynote venue in 2018 and is part of CES Tech South. Please check the CES Keynote Addresses page regularly for updates on the keynote schedule.

CES 2018 is the global stage for innovation and will span more than 2.5 million net square feet of exhibit space and feature more than 3,900 exhibiting companies unveiling technologies, products and services that touch every industry.

CES® is the world’s gathering place for all who thrive on the business of consumer technologies. It has served as the proving ground for innovators and breakthrough technologies for 50 years-the global stage where next-generation innovations are introduced to the marketplace. As the largest hands-on event of its kind, CES features all aspects of the industry. Owned and produced by the Consumer Technology Association (CTA)TM, it attracts the world’s business leaders and pioneering thinkers.

Consumer Technology Association (CTA)™ is the trade association representing the $321 billion U.S. consumer technology industry, which supports more than 15 million U.S. jobs. More than 2,200 companies – 80 percent are small businesses and startups; others are among the world’s best known brands.

#Source:Consumer Technology Association (CTA)

© The Expo Review

 

The 122nd Session of China Import and Export Fair Opens

The Press Conference for the opening of the 122nd session of China Import and Export Fair was held in Canton Fair Complex in the morning of  last Oct 14th.

Xu Bing, spokesperson of the Canton Fair, Deputy Director General of China Foreign Trade Centre, has pointed out that, in this year, the global economy has shown positive momentum and deflation of major economies has been relieved. And “China still has serious economic structural imbalances and suffers from rising cost of production factors and accelerated transfer of industries and orders”, he added.

The 122nd Canton Fair remains the same and exhibition size steady. The 122nd session will still be held in three phases with a total exhibition area of 1.185 million square meters and 60,466 booths. There are 25,049 exhibiting companies from home and abroad.

Phase 1 started from Oct 15th to 19th,showing Electronics and Household Electrical Appliances, Lighting Products,Vehicles Spare Parts, Machinery, Hardware & Tools, Building Materials,Chemical Products and Energy Products.

Phase 2 started from Oct 23rdto 27th, showing Daily Consumer Goods, Gifts and Home Decoration Products.

Phase 3 starts from Oct 31st to Nov 4th,showing Textile and Garment, Shoes, Cases and Bags, Recreation Products,Medicine and Healthcare Products and Food.

16 categories of products will be exhibited in 51 sections. In this session, there are 59,483 booths and 24,429 exhibiting companies in the National Pavilion. The booth arrangement is as follows: 11,925 brand booths and 47,558 general booths,taking up 20% and 80% respectively. The number of exhibiting companies in 3 phases is: 8,640 in Phase 1, 7,360 in Phase 2, and 8,429 in Phase 3.

TheInternational Pavilion will be set up in Phase 1 and Phase 3, with an area of 20,000 square meters. There are 983 booths and 6 product zones, and 620 enterprises from 33 countries and regions, among which 341 enterprises or 583 booths are from the Belt and Road countries.

The Canton Fair has gathered more than 160,000 categories of products of 25,000 companies all over China, a stage to demonstrate to the world China’s progress made in the supply front of foreign trade and industrial transformation and upgrading.

In the coming session, exhibitors will focus on innovation-driven development and cultivate their new competitive advantages in the foreign trade sector based on technology, brand, quality,service and standards, and improve their global competitiveness of both products and companies.

Many leading companies with self-owned IPR, brands and core technology will bring their latest products, and smart, premium,custom-made, green and low carbon products with own brands have become the latest trend.

Xu said that we’ve used big data for targeted marketing to improve promotion. On the one hand, we’ve strengthened promotion in Belt and Road countries; direct mails of invitation sent to these countries accounted for 48% of the total.

Promotional teams are led to 12 countries and visited over 60 facilities including government departments for trade promotion, chambers of commerce and exhibition corporations, and held 8 promotional activities in various forms. Around the globe, Internet promotion campaigns were held in 17 cities of 17 countries. The second- and third-tier markets were explored to cover all major continents.

On the other hand, show organizing team made new changes in the pattern of promotion to make it more targeted. They built six international social media platforms with their characteristics and focused on Facebook and LinkedIn. On key themes and markets, online and offline engagement marketing was conducted. There was innovation in targeted marketing mode and optimized marketing content and promotion channel based on target markets and key industries.

They further developed the I-invite series activities to improve conversion rate, carried out Buyer Incentive Program for inviting buyers,enlarged the ARNB target countries to 88, enhanced partnership with airlines to provide customized discount and convenient business travel experience.

They also stepped up Overseas Partnership Program, and signed agreement with 109 overseas industrial and commercial organizations in 67 countries / regions, to build Canton Fair’s global marketing network.

Organizing team will consolidate Canton Fair’s high-end information service and other supporting value-added service to promote its transformation to a multi-functional platform.

Firstly,extend design match-making service. PDC has enlarged its original design fashion show, and attracted over 100 design companies from 14 countries /regions.

Secondly, strive to launch the CF Awards selection. 574 companies with 1086 products have applied for the 2017 CF Awards, both the figures hitting record high.

Thirdly, organize various kinds of forums.Conferences and forums on 8 themes will be held provide comprehensive value-added service and encourage companies to take a path of innovation.

Xu mentioned that the Canton Fair is a window for IPR protection and innovation encouragement by the Chinese government.

Xu introduced that in this session we will continue to drive “Canton Fair + Internet” action plan and the online offline integration, to improve exhibition organization and service quality. Firstly, optimize Exhibitors & Products search system. Based on the search system on official website, we’ve strengthened online offline integration and made new ways of display.Exhibitors & Products will cover all sections and exhibitors and facilitate buyers to make individual sourcing plan beforehand, improve sourcing efficiency and bring more buyers to the exhibitors. Secondly,continue to launch “Highlight Products”. Since the 118th session, we set up the “Highlight Products” column on the website, to promote brand companies in an all-round way. Since its launch, there has been great achievements made; the number of enquiry and clicks on products are both higher than average. By Oct 13, 1737 companies in the “Highlight Products” have uploaded 23,155 pieces of exhibit information. It will continue to be a popular column. Thirdly, improve smart service. We’ve upgraded the Canton Fair website and mobile APP to improve service experience of exhibitors and buyers; extended the service scope of WeChat mini programs on complaint and malfunction reporting, developed new functions such as  exhibitor Badge status enquiry, status enquiry of booth construction drawings report and onsite service worksheet procedure;improved functions of smart information collection of buyers badge application,introduced photo auto-cut technology to improve badge application efficiency.

Xu said that in this session we will continue to consolidate our achievements made in green development. According to the 100% green booth coverage rate goal, we will press ahead green move-in normalization.

Through issuing evaluation and management regulations,innovating competition mode for green booth award, establishing punishment mechanism for exhibitors in breach of the regulation to further improve the quality of green development.

Xu emphasized that in this session we will strive to ensure the stable operation of the fair. We’ve worked closely with relevant departments of Guangdong Province and Guangzhou Municipality to build a comprehensive security and prevention system. A real-name badge application system will be extended to all personnel and security check and verification will be carried out during the entire fair. We’ve also used facial recognition technology to verify information of “person, badge, picture” and search badge application record. We’ve also increased security investment in network information,equipment, food safety, etc. and improved emergency plan, report and procedures to increase our responding capacity.

Canton Fair, will come up with pragmatic measures to support exhibitors’ development. Firstly, relieve the burden of exhibitors. Booth fee will be collected in accordance with the reduced standard in the 119th session to support exhibitors. Booth fee will be canceled for exhibitors from 839 poverty-stricken counties and Quannan County (to which Ministry of Commerce provides assistance).

© The Expo Review

2018 China Beauty Expo will be held at the Shanghai New International Expo Again on May

China Beauty Expo (CBE), Asia’s largest beauty trade show, is going to celebrate its 22nd anniversary and is set to take place at the Shanghai New International Expo Center from 23 – 23 May 2017.

To commemorate this occasion, CBE is proud to introduce 100+100 Buyers’ Program to eligible international top-tier distributors and brand owners from Asia-Pacific region, offer them a variety of dedicated features and exclusive benefits.

Buyers will be invited from Thailand,Singapore, Japan, Korea, Malaysia, Indonesia, Philippines, Vietnam and Myanmar. At the 2016 show the organizers hosted 2,568 exhibitors from more than 26 countries and regions, covering 200,000 sqm of exhibition area. A total of 387,523 visits have been registered in Shanghai New International Expo Center during the 3-day show, which represents a 24% increase compared to 2015.

 

The gateway to Asia-Pacific markets

A market with immense potential, China has over 1 billion consumers. According to iResearch, China’s cosmetics retail market was RMB583 billion (approximately USD87 billion) in 2016. The growth rate is expected to remain above 20% for the next five years and forecast to be worth more than RMB800 billion in 2018. It is definitely a market to be part of, for manufacturers and brands who want to extend their reach.

CBE 2017 will host 3,000 exhibitors, over 250,000 sqm of exhibition space, among those will be more than 1200 international brands and 500 international direct presences from 26 countries and regions (increase of 90% in two years), including Australia, Austria, Belgium, Canada, Estonia, France, Germany, Hong Kong, India, Israel, Italy, Japan, Lithuania, Malaysia, Netherlands, New Zealand, Poland, Singapore, South Korea,
Spain, Switzerland, Taiwan, Thailand, Turkey, UK and USA. With the participation of numerous renowned international brands such as Fiabila (France), Intercos (Italy), COSMAX (Korea), Kolmar (Korea), LG (Korea), SYMRISE (Germany), L’ORÉAL (France), and SHISEIDO (Japan) CBE is the ideal platform for cosmetics manufacturers, brands and agents to penetrate the Asia-Pacific markets.

The beauty industry’s distribution channels are constantly developing. To keep abreast the constant evolution, CBE 2017 will be the gathering point for 350,000 trade visitors, hailing from all networks, including department stores, shopping malls, supermarkets, specialty and chain stores, beauty salons, nail salons, SPA, hair salons, plastic surgery clinics and e-commerce. With a range of show features and activities, CBE 2017 aim to provide insight, as well as networking opportunities to meet the needs of manufacturers, brand owners and retailers.

 

2017 Country of Honor – France

CBE is pleased to announce the appointment of France as the Country of Honor for 2017. The appointment further cements the ongoing collaboration between CBE and France. French exhibitors will use CBE as an international platform to showcase the latest and best of beauty products, technology and services from France. In 2017, visitors can enjoy French experience at China Beauty Expo. Details are being confirmed and will be announced shortly.

 

Show highlights 2017!
100+100 BUYERS’ PROGRAM

According to the rising trend of imported cosmetics in the region and addressing consumers’ concerns, China Beauty Expo serves to provide participants with opportunities of international reach. 100 + 100 Buyers’ Program will connect international buyers and exhibiting companies.

 

Business Meetings Asia – 1-to-1 focused meetings

Within Cosmetics (finished products) and Cosmetech (cosmetic supply chain) sphere, selected exhibitors and VIP buyers will get together for a half-day focused B2B business meetings, in the comfort of a designated meeting space. 25-min pre-arranged meetings, according to participants’ needs and requirements, ensures the best use of their time.

 

Cosmetics Retail Summit Asia

The 7th China Cosmetics Retail Summit will be upgraded and once be again organized at China Beauty Expo 2017. About 1,000 cosmetics chain store owners, agents, supermarkets and department stores as well as the media, gathered to discuss hot topics in China’s and Asia’s cosmetics industry, the industry’s upcoming trends, regulations as well as seek solutions for retailers’ operations issues.

 

Beyond Beauty Trends

Partnering with movers and shakers of the industry in the world, China Beauty Expo will once again call attention to upcoming beauty trends in make-up color, fragrances, packaging as well as rules and regulations. Three days will be dedicated to the conference program with a selection of international speakers from Europe, USA, and Asia.

Medical Beauty and Anti-Aging Conference

A series of conferences about aesthetic beauty will be hosted with international professionals. Industry experts from Europe and Asia will explore the industry’s current climate in China, global trends and latest topics, seeking resolutions in the issues faced by the industry.

Beauty Ingredients & Formulation Conference (BI&F)

Along with the support from relevant industry authoritative academic organizations, research institutes and administrations, BI&F conference program provides the latest market trends and leading technologies.

© The Expo Review