Beijing, China—China and Germany, two global manufacturing giants, are deepening their collaboration to strengthen industrial and supply chains, particularly in the automotive sector. This enhanced partnership aims to foster innovation, boost economic growth, and reinforce the resilience of global value chains.
A cornerstone of this collaboration is the Beijing China-Germany Industrial Park. The park has attracted over 110 German-funded and affiliated enterprises, serving as a hub for technological innovation and economic cooperation. It facilitates joint ventures and partnerships that bridge the technological expertise of both nations, driving advancements in manufacturing and supply chain management.
The upcoming China International Supply Chain Expo (CISCE) in Beijing underscores China’s pivotal role in global supply and value chains. Industry leaders and supply chain solution providers, such as Vastalta and Stibo Systems, are set to participate. These companies aim to advance cooperation with Chinese enterprises, explore new supply chain solutions, and spur technological innovation.
Experts believe that this strengthened collaboration will not only benefit China and Germany but also contribute to the stability and efficiency of global supply chains. By working together, the two countries are setting a precedent for international cooperation in the face of global economic challenges.
Reference(s):
China, Germany deepen supply chain, industrial park collaboration
cgtn.com
