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Supply chain expo promotes innovation and globalization– Beijing Review

CITIC Dicastal, a major supplier of aluminum wheels and chassis components, showcases its lightweight automotive part solution (WEI YAO)

The Second China International Supply Chain Expo (CISCE) was held in Beijing on November 26-30. It featured six key industrial chains—advanced manufacturing, clean energy, smart vehicles, digital technology, healthy life and green agriculture—as well as an exhibition area devoted to supply chain services. More than 600 companies, institutions and international organizations took part in the event, a 20-percent increase over the inaugural edition, which was held in November 2023.

This year’s expo had a higher level of international participation too, with exhibitors coming from 69 countries, regions and international organizations, including 78 Fortune 500 companies. The proportion of exhibitors from outside the Chinese mainland rose from 26 percent at the first expo to 32 percent, with those from countries participating in the Belt and Road Initiative accounting for roughly a half.

A Lenovo employee shows a visitor a laptop with a transparent screen (WEI YAO)

As the world’s first national-level expo focused on supply chains, the CISCE is dedicated to helping companies better integrate into global industrial and supply chains.

At the opening ceremony of the Second CISCE, Ren Hongbin, Chairman of the China Council for the Promotion of International Trade, the expo’s host, said, “The CISCE builds a bridge for industrial integration, innovation promotion and market connectivity among the world’s countries.”

Ren called for forging broad consensus through in-depth exchange, achieving mutually beneficial cooperation by meeting each other halfway, and creating a better future by connecting the world.

According to a report and two indexes published by the council, global supply chain connectivity has reached a historical high despite challenges such as the COVID-19 pandemic, natural disasters and geopolitical tensions, indicating that the negative impacts of decoupling practices and protectionist policies have been temporary and limited.

The opening ceremony of the Hungarian National Pavilion on November 27 (WEI YAO)

In addition to greater international engagement, several other trends stood out at the Second CISCE. For instance, the number of interactions between participants increased markedly. Hungary, the guest country of honor, hosted over 300 seminars, exchange sessions and matchmaking activities with multiple partners. Leading companies in different sectors took the initiative in building industry alliances.

Italian participants experience an electric vehicle developed by Chinese technology company Xpeng (WEI YAO)

The Second CISCE gave prominence to the role of innovation, with a focus on the new quality productive forces that China is promoting. New quality productive forces represent the country’s strategic shift toward a more innovative, technology-driven and sustainable economic model to achieve higher productivity, competitiveness and long-term growth.

At the advanced manufacturing chain exhibition area, an entire industrial chain was showcased, covering aspects such as front-end research and development, new material applications, key component processing and intelligent manufacturing.

Exhibitors debuted a large number of new products, technologies and services at the event. Among those on show were the latest technologies and products in rail transit, as well as the application of new materials in aerospace, new energy, electronics and information technology.

(Print Edition Title: Linking the World)   

Copyedited by G.P. Wilson 

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