The Ringier Technology Innovation Awards for industrial manufacturing were inaugurated by Ringier Trade Media in 2006. The Awards is now rewarded to a select group of innovators each year in China's plastics industry. The purpose of the Awards is to encourage, acknowledge and reward those individuals and companies who have introduced and developed a new idea, a new methodology, a new product or a new technology for manufacturing production efficiency, cost effectiveness, user convenience, which might result in energy saving and more responsible clean manufacturing in the plastics industry.