Poised to become the 5th largest in the world by 2010, the Chinese pharmaceutical market is growing at a pace of around 20% each year. The vast expanse of the marketplace - stretching thousands of miles from north to south and from east to west and an immensely huge population make China a centre of ever growing demand for health care products and pharmaceutical ingredients form overseas.
As the pharmaceutical industry in China continues to grow leaps and bounds, international interactive fora like CPhI China achieves a far more significance. An event specialised in active pharmaceutical ingredients, intermediates, excipients and natural extracts, CPhI China 2006 will take place at Shanghai New International Expo Centre (SNIEC in Pudong, Shanghai on 27-29th, June, 2006.
CPhI China provides an ideal platform for not only the buyers and sellers in ingredients market but experts from custom manufacturing, marketing services and sourcing, as well.
Another unique feature of the event is, since most of the Chinese companies manufacture only for local consumption, CPhI China 2006 provides an unrivalled opportunity to meet them and make a partnership deal. These companies can help outsiders gain a foothold in Chinese market, enter into a partnership with such a company, and create the platform to expand the business.
So, besides getting a comprehensive market overview, CPhI China provides business opportunities for the overseas firms through helping them identify the best suppliers and keep abreast of competition in a market where strategic sourcing provides crucial advantages.
Now in its 6th year, CPhI China has been growing steadily in terms of exposure all through. According to official figures, it is attracting around 20% more visitors each year, with nearly 16,000 expected in 2006.
The visitors' profile includes specialists from General Management, Marketing & Sales, Purchasing, Production, Quality Control, Engineering and R&D. On average, nearly 70% of all visitors have real purchasing power. Decision-makers from the entire chemical and pharmaceutical industry will be searching for new products, services and deals.
Both ICSE China - the International Contract Services Expo - and P-MEC China - the Pharmaceutical Machinery & Equipment Convention - are held alongside CPhI and can be visited free of charge. With nearly 1000 exhibitors are expected to participate in the show, CPhI China 2006 will have a 35% increase in total exhibitor numbers.
Also, a number of product seminars will take place in association with the event.
CPhI China is organised by CMP Information (CMPi) is the UK-headquartered professional media division of United Business Media plc (UBM). The Chinese Chamber of Commerce of Medicines & Health Product Importers and Exporters (CCCMHPIE) will act as a local organiser for CPhI China. CCCMHPIE-members is expected to be highly valuable go-betweens for foreign and Chinese companies eager to do business.