Yarn & Fiber

2023-06-08

Yarn Expo Shenzhen 2023 well-placed to accelerate industry recovery

Shenzhen, China’s leading exporter and fastest-growing city[1] , is gearing up for the return of in-person business. With China easing its border entry requirements in January, the fair will inspire local and international key players to explore the latest trends and opportunities in South China. This year’s edition will be held from 6 – 8 November 2023 at Shenzhen World Exhibition & Convention Center. Spanning 10,000 sqm of exhibition space, the rejuvenated fair will help yarn and fibre suppliers regain business lost to the pandemic.

Despite the prolonged impact of the pandemic, the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade agreement, has become a powerful pillar of China’s foreign trade. After RCEP became effective in January 2022, China's imports and exports to ASEAN countries significantly increased by 15% to USD 970 billion by the end of the same year[2].

While China reconnects with the international market, the strategically located fair will link industry players with local and global trading partners. “As China’s top exporting city for 30 years, Shenzhen’s key role in the Greater Bay Area is strengthened by the creation and expansion of the city’s Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone,” said Ms Wilmet Shea, General Manager of Messe Frankfurt (HK) Ltd. “Yarn Expo Shenzhen is an important trading hub for the global yarn and fibre industry, and China’s borders reopening is another key factor that will add to the fair’s international, business-friendly nature. We expect a strong showing from exhibitors and buyers looking to accelerate their post-pandemic growth.”

Diverse product range and fringe programme to maximise business opportunities

With the fair’s previous edition attracting over 24,400 sourcing professionals, buyers at this year’s platform can look forward to leading exhibitors showcasing their latest collections of high-quality yarns and fibres. Product categories will include a wide spectrum of innovative synthetics, natural products, and various categories of sustainable and functional yarns.

The fair will also host a comprehensive array of forum sessions and seminars, including the Textile Materials Innovation Forum and product presentations. Through the series of fringe events, fairgoers will be able to absorb in-depth market insights and innovative ideas in the forward-thinking fashion hub of Shenzhen.

Yarn Expo Shenzhen 2023 will be held concurrently with Intertextile Shenzhen Apparel Fabrics and PH Value, together providing a comprehensive trading platform for the entire textile value chain.

[1] “Investing in Shenzhen: Industry, Economics, and Policy”, July 2022, China Briefing, retrieved February 2023

[2] “Trade between China and ASEAN grows 15% in 2022, first year of RCEP’s enforcement”, January 2023, Global Times, retrieved February 2023