The effect of China’s bold approaches to contain the rapid spread of coronavirus is recognised by the international community. The organisers of wire & Tube China are pleased to see that greater number of wire, cable and tube manufacturers in mainland China have resumed production gradually with a steadily increasing production capacity. Many companies have reached out to us recently to inquire about the plans and booth reservation status of wire & Tube China 2020. As the organiser of the exhibition, we take the concerns of our customers, guests, partners and our staff regarding the coronavirus very seriously. Your safety is always our top priority.
Currently, nearly 800 local Chinese companies have submitted their booking confirmation for this edition, and we have also received nearly 100 overseas applications from internationally renowned brands. These companies have stated that regular business operations will not be affected by the Covid-19 epidemic outbreak and they will participate in wire & Tube China 2020 this September.
In 2019, China’s GDP was close to CNY100tn. The sheer size of China’s economy has given it a strong ability to withstand risks. The fundamentals of China’s long-term economic growth have not changed, and the impact of the Covid-19 epidemic is short-term and generally controllable in China. The year 2020 will be the sprint year of China’s “Thirteenth Five-Year Plan” and the orderly restoration of the production and living conditions, and the increasing intensity of policy adjustments will release tremendous potential and strong momentum for China’s development. The current virus epidemic highlights the importance of structural reforms on the supply side. In the future, structural changes to public expenditure, such as increased investment in various areas of people’s livelihood, will continue to enhance economic development.
Since the outbreak of the Covid-19 epidemic, the organisers of wire & Tube China have paid great attention to it and closely followed the updates throughout the epidemic. Through rapid internal communication, a temporary emergency team consisting of project team leaders, risk management and legal experts was put in place. On the one hand, the emergency team paid close attention to the feedback from exhibitors and key buyers, and actively contacted local and overseas trade associations. They all expressed positive expectations for the market conditions after the epidemic.
wire & Tube China 2020 will be held in Shanghai from 23-26 September as scheduled. The organisers will keep re-evaluating the situation in consultation with health authorities in order to create a safe environment to all the participants as always, We are full of confidence: “The dark clouds will always disperse, and the development of the industry will never stop.”