Reed Sinopharm Exhibitions Plans World's Largest Integrated Health Industry Event in 2015
Reed Sinopharm Exhibitions, a joint venture between Reed Exhibitions, the world’s leading events organizer, and Sinopharm, China's largest state-owned pharmaceutical group, will launch The Health Industry Summit (“tHIS”) next year in Shanghai.
This new event, to be held May 15-18 at the National Exhibition and Conference Center, which is the world’s largest single block exhibition complex, will combine a Summit program of more than 100 conferences with a massive 260,000 sqm exhibition area.
The event will be a collocation of three health industry exhibitions - CMEF, PHARMCHINA and API CHINA - effectively forming the world’s largest integrated health industry event, according to show organizers.
With China predicting its health industry to grow into an RMB 8 trillion ($1.2 trillion) industry by 2020, and a strengthening of health sector demand, the move clearly is intended to secure more international trade and influence for China’s already sizable sector.
Along with the exhibition, which completes the value chain for pharmaceutical and medical industries, an extensive conference program is designed to share the latest thinking on policies and investment, R&D, manufacturing and distribution, professional education and hospital applications.
It is estimated that more than 6,000 exhibitors and 150,000 professional visitors and leading academics from 140 countries and regions will visit Shanghai next May for the new event.
Besides its size, tHIS also has positioned itself as the platform to explore synergies emerging from the interactions between and within the Pharmaceutical and Medical sectors, which share a significant base of distributors and end users, as more and more companies begin to operate in a cross-sector capacity.
As China’s healthcare sector only accounts for around 5 percent of China’s GDP, there is a lot of potential for further investments and growth, especially when it is being fueled by favorable demographic trends and continuing urbanization in decades to come, according to show organizers.