The story appears on

Page A13

April 10, 2013

GET this page in PDF

Free for subscribers

View shopping cart

Related News

HomeBusiness

Global tech fair to create permanent platform

THE China (Shanghai) International Technology Fair on May 8-11 will be the first of its kind worldwide, as the nation aims to create a permanent, dedicated trade and exhibition platform for technology.

"It could be an enormous challenge because there is no precedent," said Chen Xianjin, vice director of the Shanghai Commerce Commission, who's leading preparatory work for the event.

"Generally we hold trade fairs industry by industry, and this is the first time that we have one for technology, and technology is everywhere."

The event comes at a time when the government is trying to shift the economy to one that is innovation-centered and the country is gradually switching to high-end exports.

China's trade value of technology totaled US$53.56 billion in 2011, more than doubling from the level of 2006, according to official data. It signed 12,202 contracts to buy overseas technology with a total contract value of US$32.16 billion in 2011.

The technology fair, or CSITF, will be held at Intex Shanghai and Shanghaimart. The theme is "Innovation-driven Development, Intellectual Property Protection, and Technology Trade Promotion."

"We don't have target figures like how many deals would be signed during the fair," Chen said. "The key is that we want to create a system that can facilitate the exhibition and trade of technology, and also to send a message to the outside world that the Chinese government is serious about innovation and intellectual property protection."

In its first edition, the CSITF will focus on fields such as smart manufacturing, biotechnology, new energy, advanced materials, as well as energy saving and environmental protection.

In addition to exhibitions and themed forums, Chen said he expects the event to serve as a platform where companies can access international technologies and a platform where inventions and technologies can be commercialized.

Also, on-site professional services will provide assistance in the fields of technology transfer and licensing, intellectual property protection, technology financing, talent services, and investment promotion.

Siemens, the German industrial conglomerate, sees the CSITF a potential platform to monetize its innovations.

The company said it had an average of three new patents registered by its scientists every working day in China in fiscal 2012.

"With a platform like CSITF here, we expect to see more opportunities to bring to the people and their business our advanced technologies that will help to deliver tangible and valuable benefits," said Gao Yan, senior vice president of Siemens China and general manager for the company's operations in east China and Shanghai.

Gao said he's glad that intellectual property protection will be discussed, saying "effective protection of intellectual property rights is a necessary prerequisite of sustainable and innovation-driven growth for foreign and domestic enterprises or institutions."

Delegates from developing economies, including those in Africa, will participate.

Ideal providers

In clean energy industries such as wind and solar, for example, Chinese companies have achieved lower costs than some Western partners and thus could be ideal technology providers to countries in Africa, said Li Junfeng, director of the National Climate Change Strategy Research and International Cooperation Center. He called the transfer of low-carbon technology between developing economies a low-cost way to get more poor countries involved in the fight against climate change.

Shanghai also expects to raise its profile in the exhibition industry and in technology trade with the fair.

The city is an ideal place for the annual event because technology trade in the Yangtze Delta River region accounts for 40 percent of the nation's total, the commerce commission's Chen said.

The Shanghai fair is going to be another major national trade event after the decades-old Canton Fair, held twice a year since 1957 in Guangzhou, and the China (Beijing) International Fair for Trade in Services that began last year.

"We have the Canton Fair for goods, a Beijing fair for services, and now we have a Shanghai fair for technology," Chen said.

According to the marketing department of the fair's preparations office, hundreds of domestic and foreign companies have registered to participate, including more than 20 global Fortune 500 companies. Around 60 percent are international participants.


 

Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

娌叕缃戝畨澶 31010602000204鍙

Email this to your friend