Electronics fair to open in Shanghai

The China Electronics Fair will open to visitors at Shanghai New International Expo Center on Tuesday.

The three-day event, considered China’s largest of its kind in terms of its floor space, will showcase exhibits from more than 1,300 domestic and overseas companies in a space of 50,000 square meters, said Di Yunzhu, general manager of China Electronics Exhibition and Information Company.

Exhibits at the exhibition, which is sponsored by China Electronics Appliance Corp, will include LED, solar photovoltaic, 3D, smart terminal, Internet and new energy technology, Di said.

“The exhibition will surely become a driving force in the growth of the electronics industry in eastern China, the country’s largest electronic industrial manufacturing base,” he said.

Insiders said the country’s electronic industry has not developed as fast as expected this year because of global economic woes, but it is still a major contributor toward economic growth.

China’s electronics industry registered sales of 5.3 trillion yuan ($844.4 billion) in the first eight months of this year, an increase of 9.9 percent year-on-year.

Of the sales, electronic components accounted for 926.1 billion yuan ($147 billion), an increase of 7.3 per cent year-on-year.

Di said China has become the world’s third-largest electronic components manufacturing base, following the United States and Japan. It is expected to produce 5 trillion units of electronic components worth 5 trillion yuan ($793.7 billion) in 2015, accounting for half of the world’s market share.

A series of forums will be held at the exhibition to discuss new technologies and new business opportunities, he said.