China Hi-Tech Fair (CHTF): A Showcase of Innovation and Ambition
Posted 9 months ago
Under the shimmering skyline of Shenzhen, 100 drones ascended in unison, forming dazzling patterns and lighting up the night sky in a remarkable display of technological prowess. Operated by Shenzhen High Great Technology Co. Ltd., this choreographed spectacle captivated onlookers, blending artistry and cutting-edge innovation. Max Carrera, a visiting vlogger from Mexico, marveled at the synchronized dance of drones. “It’s incredible to see them moving with such precision, creating shapes in perfect harmony with music and lights. This isn’t just entertainment—it’s a testament to Shenzhen’s leadership in technological innovation,” he observed.
This performance encapsulated the spirit of the 26th China Hi-Tech Fair (CHTF 2024), which concluded on November 16. This event, China’s most influential technology exhibition, achieved a new milestone with intended transaction volumes exceeding CNY120 billion (approximately $16.6 billion USD). The fair reaffirmed its position as a global hub for cutting-edge technology and innovation, featuring 869 signed contracts and participation from over 5,000 enterprises representing more than 100 countries, making it a truly global event.
The scope of CHTF 2024 brought together Fortune 500 companies, state-owned enterprises, and a rising generation of gazelle and unicorn firms, offering a panoramic view of the global tech industry. This year’s theme, “Technology Leads Development, Industry Integrates Fusion,” resonated through 17 emerging sectors and 22 specialized exhibitions. Approximately 400,000 attendees witnessed the unveiling of over 4,300 new products and technologies, illustrating the fair’s pivotal role as a launchpad for the next wave of innovation, inspiring hope for the future.
Among the highlights, industry giants like BYD, NIO, and Huawei showcased their latest advancements in new energy vehicles, humanoid robotics, and digital intelligence. These displays dazzled the audience and hinted at how rapidly evolving technologies will transform industries and daily life.
The fair also served as a platform for collaboration, hosting matchmaking events that brought together over 1,000 procurement groups and 3,000 investment institutions. These gatherings facilitated connections between innovators and financiers, ensuring that bold ideas find the resources needed to thrive. Delegations from countries including Singapore, Brazil, and Russia underscored the fair’s international appeal, highlighting China’s growing influence in shaping global technology trends.
Beyond the deals and demonstrations, CHTF 2024 emphasized thought leadership. Forums and summits tackled topics ranging from digital intelligence to low-altitude economies, fostering dialogue about the challenges and opportunities ahead.
Celebrated annually for the past 26 years, the China Hi-Tech Fair has grown into a beacon of innovation, setting the pace for the tech industry both within China and beyond. Its continued success underscores the importance of fostering global cooperation and advancing solutions that address the pressing challenges of our time.
