Shanghai's National Exhibition and Convention Center buzzed with innovation this week as the China Toy Expo 2023 unveiled a 65% surge in international participation, spotlighting Asia's growing dominance in intellectual property (IP) commercialization. Organized by the China Toy and Juvenile Products Association, the four specialized expos – CTE, CLE, CKE, and CPE – presented over 2,600 licensed IPs ranging from Disney classics to Pokémon's latest augmented reality integrations.
The CLE Licensing Expo emerged as the standout segment, with organizers reporting record-breaking collaborations between animation studios, game developers, and consumer goods manufacturers. A Hello Kitty-themed educational robot and Ultraman-branded eco-friendly packaging prototypes exemplified the cross-industry potential driving what analysts call "the experience economy revolution."
"This isn't just about plush toys anymore," noted CTJPA spokesperson Li Wei during a panel discussion. "We're seeing smart baby monitors incorporating Sanrio characters, blockchain-enabled collectibles, and even IP-driven urban development projects." The event's digital matchmaking platform facilitated 3,800+ business meetings, with Southeast Asian buyers particularly active in securing regional distribution rights.
Reference(s):
cgtn.com