Global exhibition organizers put on a show of confidence

The economy may be slowing, but the events business is holding up as the service sector develops, reports Shi Jing in Shanghai.

The economic outlook for this year may be muted, but for the Chinese exhibition industry, it is likely to be yet another period of steady growth.

Figures are not yet in for last year, but the China Exhibition Industry Development Report 2014, released in October 2014 by the department of trade in services and commercial services at the Ministry of Commerce, and China Convention and Exhibition Society, shows that the sector's value was 387 billion yuan ($62 billion) in 2013, up 10.6 percent year-on-year. The industry accounted for 1.5 percent of the value of the tertiary sector.