SHANGHAI, June 30, 2015 /PRNewswire/ -- Today, UBM China, a wholly owned subsidiary of UBM Asia, officially signed an agreement with Chengdu Tianyi Exhibition Co., Ltd. to jointly run the Health Expo China West, which is to be held concurrently with CWMEE 2016.
This cooperation adds another member to UBM's healthcare exhibition family, following MEDTEC China and DENTECH China, and fills its blank in medical equipment exhibition market in west China. It's also another concrete cooperative project in Chengdu after the signing of the memorandum of understanding for strategic cooperation between UBM Live (UBM) and Chengdu Municipal Bureau of Exposition. Previously, UBM has successfully organized Airport City and HOTELEX in Chengdu; and it will hold the 22nd World Routes in the city next year.
Founded in 2002, the CWMEE has been jointly organized by 11 healthcare industry associations in Sichuan including Sichuan Hospitals Association, Sichuan Rural Health Association, Sichuan Blood Transfusion Association, Sichuan Rehabilitation Medicine Association, Sichuan Medical Device Industry Association, and hosted by Chengdu Tianyi Exhibition Co., Ltd. After 13 years of continuous innovation and growth, the CWMEE has become the largest and most prestigious exhibition for medical devices and related products and services in west China. The newly added Health Expo China West, to be run concurrently with the CWMEE, will consist of four sections including the Exhibition of Hospitals' Infrastructure Development, the Exhibition of Hospitals' IT Development, the Exhibition of Smart Healthcare and the Exhibition of Medical Equipment Design and Technology; its venues are expected to exceed 30,000 square meters.
Sichuan Province will invest heavily in healthcare services in the years between 2015 and 2020. It's forecasted that by the end of the period Sichuan will have an additional 400,000 employees in healthcare service sector, and an annual healthcare expenditure of RMB 300 billion, and healthcare services will account for over 9% of its GDP and become a vital force in driving its economic and social development. Sichuan's number of hospital beds per thousand people will reach 6.2, and private medical institutions will provide over 25% of medical services in Sichuan. Healthcare sector in the province will gradually focus on health management, and increasingly combine prevention, treatment and rehabilitation to build a industrial chain for healthcare services.
UBM Asia is the largest exhibition organizer in Asia, and UBM China is also among the largest commercial exhibition organizers in China. This joint venture in Chengdu signifies UBM's embarking on the healthcare exhibition market in west China. We believe that our partnership with Chengdu Tianyi is bound to build a brand-new platform of healthcare services in west China.
About UBM Asia (www.ubmasia.com)
Owned by UBM plc listed on the London Stock Exchange, UBM Asia is the largest trade show organizer in Asia and the largest commercial organizer in China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global presence in 24 major cities with 30 offices and a staff of 1,300.
About UBM (www.ubm.com)
UBM plc is a globally renowned multinational. The group provides information needed in the market, brings together buyers and suppliers across the globe and offers information for marketing success through exhibitions, market websites and industrial magazines. UBM's 5,000 employees in more than 20 countries help clients with marketing services and efficient market development.
About Chengdu Tianyi Exhibition Co., Ltd. (www.tyone.com)
Chengdu Tianyi Exhibition Co., Ltd. was founded in 1999, and has grown into a dynamic company of modern exhibition and conference services. With the motto of "Create value with exhibitions", Tianyi has established its name and strength in the exhibition sector, created a number of exhibition brands in various industries, and has become one of the strongest and largest exhibition organizers in central and west China. Tianyi is capable of providing a complete set of exhibition solutions for businesses and clients who seek to explore west China markets.
SOURCE UBM China