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[时事] 国际英语资讯:Spotlight: Chinese companies gain strong foothold in U.S. leading music industry show

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LOS ANGELES, Jan. 17-- Around 220 Chinese companies, roughly the same as the record number last year, showcased their latest music, sound and entertainment technology products at the National Association of Music Merchants (NAMM) Show that kicked off Thursday at the Anaheim Convention Center in the U.S. state of California.

The 119-year-old NAMM Show is one of the world's biggest music industry trade shows. With more than 115,000 registrants from 130 countries and regions commanding an estimated 11+ billion U.S. dollars in buying power this year, the four-day event is a global crossroads of the music industry, featuring more than 7,000 brands, cutting-edge industry education, as well as exclusive special events, concerts and fan experiences.

"Although the trade war created uncertainty for the musical instrument industry over the past 18 months, the NAMM Show is still a significant platform for Chinese companies to exploit the worldwide market," said Wang Yingyao, project manager of CIEC Exhibition Co., Ltd, a major organizer of the Chinese exhibition at the NAMM Show.

"As more attention is paid to the development of music education over the passing years, the musical instrument industry continues to flourish in China. It's certain and inevitable that the growing industry will look overseas for growth," she added.

China's musical instrument industry's gross revenues reached 54 billion yuan (around 7.7 billion U.S. dollars) and the volume of export reached 11.4 billion yuan in 2018, according to figures released by the China Musical Instrument Association last year. China now is the biggest producer and exporter of musical instruments while the United States is the largest market for musical instruments.

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