Despite the challenges due to the COVID-19 pandemic, the show, Asia’s leading trade fair for the construction and mining machinery industry, is filling all 17 halls and the outdoor area at the Shanghai New International Expo Centre (SNIEC): in total 300,000m² of exhibition space.
Around 130,000 mostly Chinese visitors, due to COVID-19, are expected to attend the major international exhibition which runs until Friday 27 November.
Despite the challenging circumstances, many international companies have been looking for ways to exhibit again this year. As such, companies with subsidiaries or dealers in China have their Chinese colleagues on-site in case employees cannot travel from Europe, the US, Korea, Japan etc.
Among the well-known international exhibitors showcasing at bauma CHINA 2020 are Caterpillar, Volvo Construction Equipment, Bauer Maschinen, Bosch Rexroth Hydraulics & Automation, and Herrenknecht.
In addition, there are three international joint stands – from Germany, Italy, and Spain. Together they account for 73 exhibitors and an area of over 1,800m².
Exhibitors are presenting products that meet tomorrow’s challenges: in focus will be smart and low-emission machines, electromobility and remote-control technology.
The health and safety of exhibitors, visitors and partners is a top priority. The Shanghai Municipal Commission of Commerce and the Shanghai Convention & Exhibition Industries Association have published regulations and guidelines for exhibition organisers on the prevention and control of the epidemic, and they will be strictly observed during the show. To ensure a safe and orderly event, the various control and security measures and venue-sanitation regulations are being effectively implemented, with appropriate on-site medical services provided and all participants required to register online.
The Chinese government has taken numerous steps to strengthen economic development, and initial successes are becoming apparent. According to the government, China´s gross domestic product grew again by 3.2% in the second quarter of 2020 after the coronavirus-related upheavals in the first quarter. A relaxed monetary policy and strong investment in infrastructure, consumption and healthcare are aimed at strengthening economic activity for the rest of the year.
As far as construction is concerned, according to the latest report by Off-Highway Research, stimulus spending in China is expected to drive a 14% increase in construction equipment sales in the country in 2020. This makes China the only major country to see growth in equipment sales this year.
