China Daily Interviews with RX Global CEO Hugh Jones: Steady Growth of China's Economy Unlocks Massive Potential for Exhibitions!

2025年5月19日

In April, Hugh Jones, Global CEO of RX, kicked off a two-week strategic tour across China's key business hubs—Shanghai, Shenzhen, and Macao. Amidst the city's bustling commercial energy, Mr. Hugh Jones sat down for an exclusive dialogue with China Daily, delving into critical themes shaping RX's global strategy: China's economic resilience, evolving market landscapes, and the company’s localized growth blueprint for the world’s fastest-growing exhibition market.

The following content is excerpted from the exclusive interview video of China Daily.

Q1:I'm just really glad to have you here, so as a global leading expo organizer, RX has been expanding in China for over 40 years. So could you share the company's growth strategy in China, and how (do) you plan to stay competitive in this rapid changing market?

Hugh:You're quite right. We have been here for 40 years, but we've been here with our partners. And our partners, we think of as our brothers and sisters. We're here for the long-term. And China is a natural home for us. Because of our activities and that of our partners, we really come to know some of Chinese industries really very deeply. And because of that, we are able to host some of the world ‘s largest trade shows. But also because of that, we're able to see beyond what's currently being held to what the future will hold. We’re able to see around the corners and bring to China some of the diverse and innovative elements of the future. So for us in the future, you can expect us to launch world leading shows in high potential sectors, such as Al, humanoid robots, biomedicine, and economic transformation. In our major events, where you'll see some real innovation.

Q2:China boasts a strong infrastructure and a supportive business environment, and favorable policies for the exhibition industry. So what are your expectations for the sector's future growth? And what key trends do you see shaping its evolution?

Hugh:I'm really glad you brought that up. China is particularly astute and embracing the exhibitions community for what it is, and an incredible opportunity to build whole cities. China does not look at the exhibitions community, as say, business tourism, an opportunity to simply fill hotel rooms and restaurants. China understands that large exhibitions bring billions of dollars of trade to the host country. It’s far more important than simply filling airplanes and hotel rooms.

Q3:As China continues to advance its reform and opening-up policies, how have these initiatives benefited RX and other foreign companies operating in the country?

Hugh:China has really enveloped and embraced the entire industry to try to make it easy to do business. So what does that mean in China? Just recently, the 2024 visa policy changed. They eased transit visa exemptions, it makes international participation easier. China wants the international stage to come to China, and show China what it has to sell, and what will the future be. And China has made that really very easy. Government initiatives support foreign investment, international trade, and it helps us boost our growth and our partners here in China. Therefore, we'll pursue continued investment in China. It’s a business friendly environment. From our point of view ,we will continue to support global companies and SMEs, small-and medium-sized companies. We'll expand those exhibition platforms. We'll continue to make large-scale investments in China. We'll drive participation in RX events, will bring new RX events and will create more and more opportunities that showcase what the world's got to offer.

Q4:Are you confident in this market potential? And what role does China play in RX's global strategy?

Hugh:From our point of view, China's (GDP) growing at around 5%, that is significantly faster than many of the other Asian countries right now. A 5% GDP growth for something as mighty as China is an absolute festival of opportunity in the trade show market. So if anything, it gives us greater commitment to deepen our presence in China, in multiple industries, multiple markets, and because we feel that's a long-term stable growth potential. So we believe that we will continue to launch shows that really matter. And remember that the shows that we launch will be in industries that are growing significantly faster than 5%.For example, EV technology, AI technology, cyber technology, low-altitude technology, healthcare, longevity, wellness, all of those areas are going far faster than 5 percent. So we'll be there at the forefront.

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