November 19, 2020 (Shanghai, China) – Global Sources announced in a press conference today that the first Consumer Technology & Innovation Show (CTIS) will take place at Shanghai New International Expo Center from June 9 to 11, 2021. This brand-new exhibition is designed to be a leading industry event, bringing the entire tech ecosystem together to build brands, drive innovation and accelerate development of the consumer technology industry. With the China Association for the Promotion of Industrial Development (CAPID) setting the overall guidelines, and China Electronics Chamber of Commerce (CECC) and Zhongguancun Overseas Science Park as co-organizers, the event is also supported by the China Audio Industry Association (CAIA) and Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA).
VIP guests speaking at the press conference included:
- Mr. Hu Wei, CEO, Global Sources;
- Mr. Li Xiaojun, Vice President, CAPID;
- Mr. Zhang Mu, Vice President of New Business Development, Global Sources;
- Mr. Peng Lihui, Secretary-General, CECC;
- Mr. Zhang Ye, Vice President of Tencent Cloud and General Manager of Tencent Qidian;
- Mr. Xu Li, General Manager, Best Buy;
- Mr. Chen Jian, General Manager for China Business Development, Global Sources.
The launch event was also attended by representatives of the Shanghai Municipality Science and Technology Commission, Zhongguancun Overseas Science Park, CAIA, Economic View, Tencent Cloud, CloudMinds, Dismap, Bilibili, Aikucun, and Best Buy.
In addition to announcing the new trade show, Global Sources also launched the “Hidden Champion” program, which will recognize 30 outstanding China-based manufacturers in a ceremony at the first CTIS. The program aims to add value to China’s domestic consumer electronics brands and create brand synergy, which will in turn drive business and fuel the rise of more world-class consumer electronics brands in China.
“We are glad to partner with Global Sources and build CTIS as the premier annual trade and networking event in the consumer technology industry,” said Mr. Li Xiaojun. “With the collaboration of the Center for International Economic and Technological Cooperation and Economic View, I believe that the show will serve as an excellent platform for Chinese enterprises to demonstrate their products and sharpen their competitive edge in the international market.”
Mr. Hu Wei said: “CTIS is launched in response to the ‘dual circulation’ development policy introduced in China this year and is designed as a major world-class technology event in Shanghai.
“Global Sources has 50 years of experience in the consumer electronics industry and has successfully organized the world’s leading consumer electronics show in Hong Kong for many years. Our in-depth industry expertise enables CTIS to offer a great platform for China’s enterprises to showcase their latest innovations and, at the same time, create opportunities for overseas companies to enter China’s domestic market. We are looking forward to working with a broader range of partners to develop CTIS as a leading industry event not only in Shanghai and China, but also in the rest of the world.”
Mr. Zhang Mu briefed attendees on the background, overview and current achievements of the CTIS project. He shared the exciting news that more than one third of the total booths had been sold in the less than 100 days since the project was launched.
Mr. Peng Lihui said: “CECC will put on a high-profile consumer electronics industry summit at CTIS, gathering leading technology companies from home and abroad, and Chinese manufacturers and startups, to share their insights and explore the potential for cooperation. I believe that this event will promote the healthy development of the consumer technology industry.”
Mr. Zhang Ye shared the achievements of the strategic cooperation between Tencent and Global Sources since 2019. Tencent Qidian tailored an online show platform for Global Sources just one month, which meets suppliers’ requirements and is capable of operating multiple shows on the same platform. During the first Global Sources Online Show, which ran from July 29 to August 9, 2020, the new platform successfully connected attending suppliers with buyers from 160 countries and regions. Mr. Zhang is looking forward to strengthening the cooperation between Tencent Qidian and Global Sources during CTIS by providing technical support for product exhibition and the onsite forum.
Buyer representative Mr. Li Xu said that Best Buy has been working closely with Global Sources since setting up its office in Shanghai. He said that both CTIS and Best Buy are committed to serving customers with better technologies and he is confident that CTIS will be a success.
Mr. Jian Chen concluded the meeting and thanked all the business partners for their presence.
Three co-located shows with complementary themes
With publicity, inspiration and networking as its core value, CTIS comprises three themed shows: Global Technology & Innovations Show (GTIS), Global Electronics Show (GES) and Global Startups Launchpad (GSL), which will feature a large collection of the latest technologies and solutions in 5G, artificial intelligence, the Internet of Things (IoT), AR/VR, consumer electronics, mobile electronics, smart living, smart home, security, home appliances, e-sports and entertainment, and health and personal care products. Experience zones featuring digital health products, lifestyle, electric personal transporters, drones, and e-sports products provide a more immersive visitor experience.
Visitors to CTIS will not only discover the latest technologies from industry leaders and the innovations and creativity of startups, but also have the opportunity to close in person with established brands and network with technology enthusiasts from all around the world.
CTIS contributes to forming the “dual circulation” development pattern
China introduced a “dual circulation” development model in 2020, in the context of a new global economic environment, in which domestic and foreign markets can boost each other, with the domestic market expected to serve as the mainstay. Global Sources launched CTIS to help Chinese enterprises grow business by seizing opportunities in both domestic and overseas markets. GlobalSources.com has more than 10 million registered buyers from 240 countries and regions, including 1.5 million active buyers each month. A large buyer community is an essential prerequisite for CTIS to offer trade opportunities in China and worldwide.
The first CTIS is expected to attract more than 80,000 visitors, including many purchasing decision makers from government procurement delegations, embassies and consulates, sourcing groups, industry leaders, distributors, chain stores, and online stores. CTIS will drive an increasing number of technology firms to move up the value chain by connecting industry leaders with supply-chain companies, to forge industrial clusters with significant innovation and competitive manufacturing strength.
In addition to innovative products, the show will feature keynote speeches focusing on cutting-edge technologies, as well as industry forums, and the Startup Launchpad investment competition, gathering industry experts, leading companies, and start-ups to share market insights and innovation trends. CTIS offers a platform not only for established companies to enhance their brand awareness, but also for startups to find the right business partners.
Preparations for the first CTIS are now in full swing. From the beginning of 2021, roadshows and media salons will be held in different cities to share the latest updates on the show.
Located in Shanghai, a major international destination for conventions and exhibitions, CTIS will grow as a quality platform that features a diverse range of consumer technologies, facilitates networking and partnership, and energizes the consumer electronics industry through innovation.
Ms. Zhao Ruiqin
+86 21 6263 9035
Global Sources launched the Consumer Technology & Innovation Show (CTIS) in the context of the “dual circulation” strategy China introduced in 2020. The first CTIS will run from June 9 to 11, 2021 at Shanghai New International Expo Center, with three co-located shows focusing on complementary elements of technology, innovation, and trade. The show is created to be an influential annual technology event for the industry in China and worldwide.
The show covers an exhibition area of 60,000 square meters with 3,000 booths and is expected to attract 80,000 visitors, who will find the latest consumer electronics and the cutting-edge technologies, and build profitable partnerships with quality suppliers from home and abroad. The show aims to drive business transformation and shifts to high-value segments, and build brand awareness as a leading technology event worldwide.
About Global Sources
An internationally oriented media company and exhibition organizer based in Hong Kong for nearly 50 years, Global Sources has been organizing world-class sourcing events for nearly 20 years, including the world’s largest electronics sourcing show, serving more than 6,000 exhibitors and 200,000 buyers worldwide. Global Sources Online was the world’s first cross-border B2B trade platform, now with 25 years of serving the sourcing industry. With more than two million active users each month, it offers an O2O sourcing experience to millions of high-end buyers worldwide. Chief Executive China has established multichannel media platforms to interact with 3.6 million business executives across China. With a strong presence in Hong Kong, Indonesia, Brazil, South Africa, India, the United States and the UAE, Global Sources has built a huge community of quality buyers and suppliers.