2nd China Int'l Supply Chain Expo opens in Beijing

The second China International Supply Chain Expo (CISCE), the world's first national-level exhibition focused on supply chains, opened on Tuesday in Beijing. The expo provides a comprehensive platform for business matchmaking and investment opportunities, fostering collaboration across a diverse range of industries.

Themed "Connecting the World for a Shared Future," this year's event emphasizes the interconnected nature of the supply chain through its booth layout and exhibition zones, offering a comprehensive showcase of key processes across the entire supply chain, from upstream to downstream. 

Many exhibitors are displaying their products alongside upstream and downstream partners, highlighting their collaborative efforts at the event.

The second China International Supply Chain Expo opens in Beijing, China, November 26, 2024. /CFP

Expanding global participation

The 2024 CISCE, running until November 30, brings together over 620 companies and institutions, promoting innovation, trade and investment within global supply chain ecosystems. Over 60 percent of the exhibitors are Fortune 500 companies and industry leaders.

This year's event sees a 20 percent increase in participants compared to last year, with strong representation from the U.S., Europe, Japan and Belt and Road Initiative (BRI) partners. The percentage of overseas exhibitors has risen from 26 percent to 32 percent, with nearly equal participation from Europe and the U.S., along with over 40 BRI partner countries.

"This reflects the international community's strong demand for cooperation in industrial and supply chains, as well as the trust that companies from around the world place in China's development and the CISCE," said Zhang Shaogang, deputy director of the China Council for the Promotion of International Trade.

This focus on global cooperation was echoed by Apple CEO Tim Cook, who visited the CISCE site on Monday. He emphasized China's importance as a key market and supply chain partner, noting Apple's commitment to continued investment in research and development to support long-term growth in the country. "With China's growth, Apple has grown as well. It's a great example of win-win cooperation," he said.

Additionally, delegates from more than 100 countries and organizations are expected to attend, and China has extended special support to enterprises from less-developed regions by offering free exhibition booths to facilitate their participation.

(CGTN)