PPPEXPO

On December 21, 2023, the three-day 15th UAE PPPEXPO exhibition concluded successfully at Dubai World Trade Center. The exhibition was the largest among the self-organized exhibitions of Chinese enterprises in the UAE, with the largest number of exhibitors docking with buyers. Statistics show that each exhibitor docked with an average of 67.2 buyers, of which bill of lading buyers present accounted for 30%. The exhibition attracted many professional buyers from the UAE and neighboring countries to visit and negotiate. With data-driven as the core, it has become a business and trade event in the field of plastic packaging and printing in the UAE, and further promotes the exchanges and cooperation between the UAE and China in the field of plastic packaging and printing.

At 10:00 on December 19, the 15th UAE PPPEXPO was grandly opened at Dubai World Trade Center. Under the care, support and guidance of the Chinese Embassy in UAE and the Consulate General in Dubai, this year's PPPEXPO is hosted by Hangzhou Municipal People's Government, with the participation of Taizhou Municipal People's Government and Shaoxing Municipal People's Government as co-hosts, and is organized by Hangzhou Municipal Bureau of Commerce, Taizhou Municipal Bureau of Commerce, Shaoxing Municipal Bureau of Commerce, and Meolantime International Exhibition, with the support of Guangdong Provincial Bureau of Commerce, Guizhou Provincial Bureau of Commerce, and Anhui Provincial Council for the Promotion of International Trade (CCPIT), and with the support of Ningbo City Council for the Promotion of International Trade (CCPIT), Hefei The delegation of Ningbo CCPIT, Hefei CCPIT, Jiaxing CCPIT, Nantong Bureau of Commerce, Dehua County People's Government, Anxi County People's Government, Shengzhou Municipal Bureau of Commerce, Pinghu Municipal Bureau of Commerce and other departments participated in the event, which attracted a total of sixteen provinces and cities such as Guangdong, Zhejiang, Jiangsu, Shandong and other foreign trade enterprises to participate in the event.

Vietnam, a rapidly growing economy in Southeast Asia, continues to see a surge in consumer demand for high-quality print and packaging, with market research organisations forecasting that the Vietnamese print and packaging industry will grow at an annual rate of 13.4%, more than double the global average. This trend is largely due to the increasing number of middle-class Vietnamese who are more willing to pay for high-quality, beautiful print and packaging, Vietnam's printing and packaging market demand will continue to grow. Rapid development of manufacturing industry drives packaging and printing industry According to customs data, Vietnam's imports of printing and packaging machinery from China have grown by 20 per cent over the past three years, a figure that is expected to continue to grow in the coming years. In addition, Vietnam's manufacturing sector is experiencing rapid growth. With technological advances and industrial upgrades, Vietnam's demand for high-performance and high-efficiency printing and packaging machinery is also increasing. --- Printing and packaging is one of the fastest growing industries in Vietnam In recent years, Vietnam's printing and packaging industry has contributed more than US$5 billion to Vietnam's GDP, accounting for 1 per cent of the country's total GDP and providing about 90,000 jobs, or more than 220,000 people if packaging and paper industries are included. According to statistics, more than 25,000 printing enterprises in Vietnam have submitted applications for business licences, of which 23,000 have passed the application and received approval for business. --- China is the main source of printing and packaging machinery imports In 2022, Vietnam imported printing machines worth US$998 million, of which 44 per cent came from China, with total imports amounting to US$436 million. Meanwhile, Vietnam also imported packaging machinery worth $140 million, of which the share of imports from China accounted for the largest share of $51 million, or 37 per cent. China is Vietnam's main source of imports. --- China-ASEAN FTA steps into the era of ASEAN economic integration China-ASEAN FTA has entered a new era of ASEAN economic integration with zero-tariff trade for 98 per cent of goods. Participating in Vietnam Indonesia Printing and Packaging Machinery Exhibition is a sharp sword for enterprises to explore the ASEAN FTA market with 4.5 trillion trade volume close to China's doorstep.

On 29 November local time, the Organisation for Economic Co-operation and Development (OECD) released its economic outlook report, which shows that global economic growth is slowing as the effects of tighter monetary policy, weaker trade, and declining business and consumer confidence are becoming apparent. Global GDP growth is expected to be 2.9 per cent in 2023, down from the last estimate of 3.0 per cent. 2024 will see a slowdown to 2.7 per cent, making it the lowest natural year of global economic growth since 2020. 2025 will see a slight improvement to 3.0 per cent. OECD Secretary-General Mathias Coleman said the global economy will continue to face the twin challenges of low growth and high inflation. Inflation has fallen back from last year's peak and is expected to return to the levels targeted by their central banks in most economies in 2025. In the longer term, government debt will increase significantly, and governments will need to make significant efforts to rebuild fiscal space and promote growth. Although the outlook is bleaker, the OECD expects that "almost all countries will be able to avoid falling into recession". An important factor contributing to the slowdown in global growth is that growth in the US will slow. Due to the Federal Reserve's sharp interest rate hikes and high borrowing costs for consumers and businesses, U.S. economic growth is expected to slow from 2.4% in 2023 to 1.5% in 2024, and inflation will fall from 3.9% in 2023 to 2.8% in 2024 and 2.2% in 2025, only slightly above the 2% target set by the Federal Reserve. Interest rate hikes and soaring energy prices due to the war in Ukraine will also hit eurozone countries, which will affect global growth. The OECD expects the eurozone economy to grow at a tepid 0.9 per cent in 2024, which is still higher than the projected 0.6 per cent growth rate for 2023.

Recently, the world's major economies have released the latest trade data. Shipping giant Maersk Group CEO Kevin Kerr pointed out that, at present, global trade has shown initial signs of rebound, and the economic outlook for next year is more optimistic.WTO predicts that the growth rate of global merchandise trade will rebound to 3.3% in 2024. U.S., Japan and many other countries exports rebound U.S.: exports rose 1.6% in August from a year earlier U.S. Department of Commerce data show that in August, U.S. exports amounted to $256 billion, an increase of 1.6%; imports amounted to $ 314.3 billion, a decline of 0.7%; international trade deficit of $ 58.3 billion. Among them, exports of goods for 171.5 billion U.S. dollars, an increase of 1.8%; imports of goods for 256 billion U.S. dollars, down 0.9%. Canada: exports rose 5.7% in August Statistics Canada data show that in August, Canada's exports rose 5.7% year-on-year, imports rose 3.8%, and the trade surplus unexpectedly reached C$718 million (about $520 million). In volume terms, exports were up 3% and imports were up 1.2%. Statistics Canada noted that Canada's export growth outpaced import growth, driven by the transfer of gold to the U.S. and higher crude oil prices. Exports recorded the largest increase since October 2021, driven by precious metals and energy products. Japan: exports up 4.3% year-on-year in September The latest data from the Japanese Ministry of Finance showed that in September, Japan's exports amounted to 9.20 trillion yen, an increase of 4.3% year-on-year, after 2 months of growth again; imports amounted to 9.14 trillion yen, a decline of 16.3%, the sixth consecutive month of decline. Against the backdrop of declining international energy prices, Japan realized a goods trade surplus of 62.442 billion yen, the second surplus this year.

In 2022, Indonesia's printing and packaging market grew at a rate of 7.3%, making it one of the fastest growing countries in the world. In the same year, the total value of Indonesia's printing and packaging market reached US$3.62 billion, up 15.7% year-on-year. With the deepening of the economies of China and Indonesia, the trade relationship between Indonesia's printing and packaging market and China has become increasingly close. China has become the largest source of imports for the Indonesian printing and packaging market, and the volume of the Indonesian packaging machinery market in 2022 will be USD461 million, with Chinese products accounting for 37.1% of the market.In March 2022, the Indonesian government introduced the Blueprint for the Development of the National Paper Industry (2021-2030)," which aims to promote investment in the paper industry and increase the level of self-sufficiency in the domestic market, while meeting both domestic and foreign market demand both at home and abroad. This policy has a positive impact on Indonesia's printing and packaging industry, as the paper industry is one of the basic industries in the printing and packaging industry."

With the continuous development of the global economy continues to develop, plastics, packaging, printing, processing equipment and other products are widely used in various fields, plastic packaging printing and processing equipment exhibitions have become an important platform for major enterprises to display the latest technology, products and solutions, organized by the Miollante PPPEXPO Plastics Printing Packaging and Food Processing Exhibition, 2024 Global Launch, the exhibition not only brings together the world's PPPEXPO Plastic Printing, Packaging and Food Processing Exhibition covers many regions around the world, focusing on Southeast Asia, the Middle East, South America, South Africa and other fast-developing markets, through GOOGLE, FACEBOOK, EDM, roadshows and other 12 kinds of promotional channels to global precision marketing, quickly targeting core buyers purchasing needs. PPPEXPO Plastic, Printing, Packaging & Food Processing Exhibition adopts a unique O2O exhibition mode, booking buyers before the show, scanning and matching during the show, and assisting in the follow-up after the show, which integrates online and offline, and integrates people, goods, and venues, realizing precise matching of businessmen and customers and efficient communication of products, and assisting exhibitors to break through the bottleneck and increase market share rapidly. It will help exhibitors break through trade bottlenecks and increase market share rapidly.

November 23 to November 25, plastic rubber and mold exhibition, printing and packaging and packaging industry exhibition, food processing and packaging machinery exhibition is about to be held in Indonesia at the same time, the previous exhibition site buyers up to 30,162 people, including bill of lading buyers up to 26%! How many buyers will there be this time? Let's wait and see!

Recently, due to the tightening of Indonesia's customs control policy, enterprises with exhibitors' plans must know about the precautions to be taken regarding the shipment of exhibits and avoid violating the regulations, which may cause losses to individuals and groups. All transported goods must be declared truthfully, consistent with the bill of lading, to ensure the legality and accuracy of the goods shipped, as well as to comply with the customs regulations of the country of entry and exit. Some exhibitors in the recent exhibition feedback that Indonesia's policy of tightening law enforcement and customs is very strict, and the exhibition site is routinely inspected. If you see any labelled goods and cash transactions, you will be warned and issued with a hefty fine. All exhibits are for display only and should not be used for other commercial purposes, especially cash transactions at the exhibition site. Each exhibitor must send the packing list to (corresponding to 2 logistics companies) before 15 October, whether it is transported/brought/shipped need to provide (Indonesia exhibition supervision customs need to be mastered in advance) recommended the best sample combinations: rich exhibits (new products, categories of rich and representative) + brochures + business cards + posters. Multiple pieces are recommended to hit the pallet or easy to lose fewer pieces, fragile products with high value are recommended to hit the wooden pallet or air box (and the outer box affixed with the fragile products logo) for temporary import and export procedures, the original way to the original way back. For permanent export of exhibits, the buyer or the commissioned freight company will handle the exhibits after the exhibition. Regarding Indonesian samples, it is recommended to go by freight as much as possible.

Plastic Packaging Printing & Food Processing Equipment Indonesia 2023 is hosted by Miolant, the exhibition will continue to uphold the consistent service quality and professionalism for more than 20 years, with its rich domestic and foreign high-quality enterprises and buyer resources, united with domestic and foreign authoritative experts, associations, institutions, media and partners, based on the printing and packaging and packaging industry, plastics and rubber and moulds, food processing and packaging machinery, to create a high-end Manufacturing industry benchmarking business, communication and win-win platform. The exhibition is expected to attract more than 20,000 professional buyers to share the booming development of plastic packaging brush and food processing equipment industry. The pre-show roadshow is a strong exposure to open a new window for food processing, and PPP will launch the roadshow activities before the show with the theme of "Indonesia Plastic Packaging, Opportunities for China-Indonesia Co-operation", and show the exhibitors' products, technologies and services to the local buyers in Indonesia through on-site demonstration, communication and interaction to expand the influence of the show and attract the prominent leaders of the local Indonesian industrial and commercial circles. Attracting the attention of local Indonesian industrial and commercial leaders and leaders of many manufacturing associations, the event will promote the development of Indonesia's economy through professional dialogues and in-depth discussions, and promote trade and cooperative relations in the field of plastic packaging, printing and food processing equipment between China and Indonesia.