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Reed Sinopharm Exhibitions to Hold World's Largest Integrated Health Industry Event
Reed Sinopharm Exhibitions, a joint venture between Reed Exhibitions and Sinopharm, China's largest state-owned pharmaceutical group, announced June 25th the launch of The Health Industry Summit (tHIS) in Shanghai.
This new event, to be held 15-18 May 2015 at National Exhibition and Conference Center (Shanghai), the world’s largest single block exhibition complex, will combine a Summit program of over 100 conferences with a gigantic 260,000 sqm. exhibition area through co-locating three of the leading health industry exhibitions, namely CMEF, PHARMCHINA, API CHINA, effectively forming the world’s largest integrated health industry event.
It is not surprising that Reed Sinopharm, a member of Reed Exhibitions Greater China, decided to launch such a grand international event. With China predicting its health industry to grow into an RMB 8 trillion (USD 1.2 trillion) industry by 2020, and a strengthening of health sector demand, the move is clearly 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 6000 exhibitors and a staggering 150,000 professional visitors and leading academics from 140 countries and regions will land in Shanghai next May to join this unique event, bringing in significant business service and tourism revenue opportunities to the city.
Apart from scale, tHIS has also 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% of China’s GDP, there remains abundant potential for further investments and growth especially when it is being fueled by favorable demographic trends and continuing urbanization in decades to come. However, many industry players believe that while further growth in the sector is attainable, there will likely be fierce industry restructuring. The competitiveness of the local enterprises and the environment which foster innovation will need improving before China can realize the future it has envisioned.
About Reed Sinopharm Exhibitions
Reed Sinopharm Exhibitions (RSE) is China’s leading pharmaceutical healthcare exhibition and conference organiser, committed to fostering world-class business events platforms that attract and work with the best pharmaceutical and healthcare enterprises in the industry. With strong roots in both pharmaceutical/healthcare and events management, our vision is to help align industry with favourable government policies and global trends that promise a 'golden age' for China's industry over the coming decades. Reed Sinopharm Exhibitions is a joint venture between the Chinese market’s largest pharmaceutical and healthcare industry group – Sinopharm Group, and world leading event organiser – Reed Exhibitions. A perfect combined expertise, like two best grafted saplings that create a unique and fruitful tree and make the strongest and most resilient partner for businesses with a vision to achieve world-leading status.
About Sinopharm Group
Established in 1998, Sinopharm Group is now the largest pharmaceutical state owned organisation in China. The group covers the entire vertical pharmaceutical industry from R & D to the distribution throughout China and its 10 operational subsidiaries in 4 continents. With proven growth track record between 2003 and 2012, Sinopharm Group is the first enterprise of its kind to enter the world’s top 500 Chinese pharmaceutical companies, and is ranked 10th in the list of global pharmaceutical companies.
About Reed Exhibitions
Reed Exhibitions is the world’s leading event organizer with 500 events in 40 countries and an unrivalled network of offices and international sales promoters at its disposal. Reed Exhibitions’ portfolio of exhibition and conferences serves 43 industry sectors across the Americas, Europe, the Middle East and Asia Pacific. In 2013, six million participants attended Reed Exhibitions’ events globally.
Reed Sinopharm Exhibitions and Chinese Stomatological Association Co-host the China Dental Show
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