According to the organisers, ITMA ASIA + CITME 2020 finished on a high note, with a large local turnout. After an 8-month delay, the seventh joint exhibition attracted about 65,000 people over the course of 5 days.
Following China’s post-pandemic economic rebound, exhibitors were overjoyed to be able to meet with local clients from the world’s largest textile manufacturing hub. Furthermore, they were delighted to welcome international guests who were able to go to Shanghai. “Due to the Coronavirus epidemic, there were fewer international visitors, but we were extremely happy with our participation,” said Yang Zengxing, General Manager of Karl Mayer (China).
The combined ITMA ASIA + CITME show had 1237 exhibitors from 20 countries and regions. In an onsite exhibitor poll of over 1000 exhibitors, more than 60% of respondents said they were pleased with the quality of visitors. 30 percent reported closing business transactions, with more than 60 percent estimating sales ranging from RMB300,000 to more than RMB3 million.
According to the findings of ASIA + CITME 2020, the combined exhibition is still the most successful commercial platform in China for the sector. Following a spectacular rebound in local demand, the textile sector is eager to go forward; there is a pressing need to expand production capacity fast, and firms have resumed plans to invest in new machinery.