Country for PR: China
Contributor: PR Newswire Asia (China)
Saturday, March 02 2019 - 00:37
AsiaNet
Meeting Rising Asian Market Demands, Tongxing Technology to Introduce Full Range of CNC Machinery At ISLE 2019
GUANGZHOU, China, March 1, 2019 /PRNewswire-AsiaNet/ --

Robust economic growth in Southeast and South Asian countries is reflected in 
the growing number of registered buyers attending the 2019 International Signs 
and LED Exhibition (ISLE 2019), which is set to take place from March 3 to 6 at 
the Canton Fair Complex in Guangzhou, China. ASEAN and South Asian buyers 
accounted for 29% and 9.6% of total overseas buyers to ISLE 2018, and 
organizers expect the figure to rise again this year.

Photo - https://photos.prnasia.com/prnh/20190301/2390544-1
(caption: High Speed Industrial Heavy duty fiber laser cutting machine FC1530) 

The economies of countries like Vietnam, Bangladesh and India have performed 
well of late thanks to rising manufacturing sector exports, strong government 
and private consumption, as well as rising foreign direct investment (FDI) 
inflows. A UN report estimated that South Asian regional GDP would expand by 
5.4% in 2019 and 5.9% in 2020, while ASEAN-wide growth would be 4.8% in 2019 
and 4.8% in 2020.

"We talked with hundreds of buyers from ASEAN and South Asia at ISLE 2018, 
especially Vietnam, Bangladesh and India," commented Luo Qun, General Manager 
of Tongxing Technology, a leading CNC machinery manufacturer in China. "We are 
going to present our entire range of CNC machinery at ISLE 2019, including our 
latest model fiber laser cutting machine and advertising full function CNC 
router, which can produce high-quality surface finish objects. There are a wide 
array of applications for our machines, such as within the garment, 
advertising, and kitchen equipment industries, for tasks like stone engraving, 
woodworking, metal processing, and acrylic cutting, all of which are expanding 
in ASEAN and South Asian countries. Eastern Europe and Western Europe markets 
currently account for the biggest chunk in our exports, but Asian markets are 
sure to come up fast, and we are fully prepared."

About ISLE

International Signs & LED Exhibition (ISLE) is a premium business platform for 
the signs and LED industry, held every year in Guangdong province, China. With 
the biggest exhibition area in Asia, ISLE has expanded to over 100,000 sqm, 
with 1,800+ exhibitors. A series of display technology & signs application 
workshops and seminars are also held during ISLE.
http://www.isle.org.cn/

About Tongxing Technology

Established in 1992 and headquartered in Hefei City, Tongxing Technology 
Development Co., Ltd. (Tongxing Technology) is a leading CNC machinery 
manufacturer in China. It boasts a 230,000 sqm factory, the biggest production 
facility in China for CNC machinery, and exports to over 120 countries and 
regions with an annual output value of over US$ 500 million and export value 
over US$ 10 million. 
http://en.txcnc.com/ 

SOURCE: Tongxing Technology

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=330935

   Caption: High Speed Industrial Heavy duty fiber laser cutting machine FC1530

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