Labelexpo Asia Set to Double in Size

Package and label printing in China accounts for some 48% of the country's total printing sector - and the Chinese Government is ready to allow more investment in the package and label-printing sector than in other printing sectors. There are expected to be around 39,000 packaging printing, label and converting plants in China by the end of this year - and new businesses in these sectors are increasing by about 10% a year. The output value of China's printing industry was more than RMB260 million in 2004 - and by 2020 China's printing industry looks like it will be a world leading printing power, ranked amongst the world's most advanced nations.