In order to better serve e-cigarette enterprises, promote industry self-regulation and compliance development, create a good environment for high-quality exports of e-cigarettes, develop overseas markets and recognize the outstanding export companies, the Sixth E-cigarette Industry Standard & Compliance Conference(ECISCC) and the E-cigarette Export Trade Development Conference(ECETDC)" hosted by the ECCC(Electronic Cigarette Professional Committee of China Electronic Chamber of Commerce) was held on June 15, 2022, in JW Marriott Hotel, Baoan District, Shenzhen, China.
All together 944 people from more than ten countries and regions around the world engaged in the conference, including officials from embassies and consulates, leaders of overseas industry associations, economists, tobacco experts, corporate representatives, and news media representatives, and nearly 1 million people attended the meeting online.
Adherence to the standard & compliance development
The conference detailed industry standard development propaganda, export services, e-cigarette committee reports, etc. Besides, more content about standardization and high-quality development of the e-cigarette industry was discussed by leaders from government departments, representatives of e-cigarette committee enterprises, industry experts, and various export service providers.
The conference proposed that members in the e-cigarette industry must firmly support the requirements of the State Tobacco Monopoly Administration on promoting the legalization and standardization of e-cigarette industry governance, and always adhere to the principle of "National interests first, Consumer interests first". Also, corporations should actively develop the international market, and make due contributions to national export earnings.".
Also, the corporations should actively develop the international market, and make due contributions to the country‘s export and foreign exchange earnings.
The ECISCC is significantly effective in promoting the industry compliance. It also gives a full play to the role of bridging the gap between enterprises and regulatory agencies at this meeting, which impels e-cigarette enterprises to enhance their awareness of service, strengthen self-regulation management and regulate their behaviors.
E-cigarette Export Encouraged Actively
With the promulgation of the "E-cigarette Management Measures" and "E-cigarette" national standards and other related policies, the e-cigarette industry has gradually entered the era of standardized development. Under the correct guidance of national policies, China‘s e-cigarette industry will continue to maintain a good momentum of development in export.
In 2021, the global e-cigarette market reached $80 billion, of which China‘s exports reached ￥138.3 billion (about $20 billion), an increase of 180%. In 2022, the global e-cigarette market will exceed $108 billion, and China‘s total exports of e-cigarettes are expected to achieve ￥186.7 billion (about $26 billion), a growth rate of about 35%.
The First "Vape Valley Award" Ceremony
The First "Vape Valley Award" ceremony was held at the conference to recognize the outstanding export enterprises and encourage more e-cigarette industries in China to go overseas. A total of four awards types have been named: “Export Platinum Standards Special Contributions”, “Export Excellence”, “Novel Exporter”, “Superior Supply Chain”. A total of 64 Chinese e-cigarette companies have been awarded.
HQD, as one of the 64 e-cigarette enterprises, won the " Exporter Excellence" Award in the ceremony. HQD has been developing rapidly since its establishment, making it fast to occupy the global market. Right now, HQD brand vape businesses have covered Asia, Europe, America, etc., and more than 100 countries worldwide. Absolutely, HQD has become the top vape brand in South Korea and Russia, and the third in the United States.
This award is not only a recognition of the development ability of HQD over the years, but also the adamant support for the idea of "innovation leads the future”. It greatly strengthen HQD’s determination to grow into the global top vape brand, and to make greater contribution to social and economic development.
Regarding the development of e-cigarette in the future, the President of ECCC, Wang Ning believes that although having encountered difficulties, e-cigarette industry still possesses a brilliant future, claiming that ECCC will continuously support the development of e-cigarettes to let more "Made in China" and "Made in Shenzhen" reach the world!