German_Entrepreneur_Highlights_China_s_Global_Supply_Chain_Role_at_Expo_2024

German Entrepreneur Highlights China’s Global Supply Chain Role at Expo 2024

At the ongoing China International Supply Chain Expo 2024, Rafael Suchan, CEO of Vastalta Circular Technology, emphasized China’s pivotal role in the global supply chain landscape. In an interview with CGTN, the German entrepreneur praised China as the world’s largest manufacturing hub, underscoring its central position in smart manufacturing, digital technologies, and clean energy.

“China plays a central role in global supply chains and global value chains, especially in areas like smart manufacturing, digital technologies, and clean energy,” said Suchan. He highlighted how China’s advancements in these sectors impact businesses worldwide, contributing to innovation and efficiency in international markets.

Suchan also noted the positive impact of China’s relaxed visa policies. “The participation in this event has been greatly facilitated thanks to China’s relaxed visa policies for dozens of countries,” he remarked. “It makes it much easier now for international travelers to come to China.”

The China International Supply Chain Expo 2024 serves as a significant platform for global enterprises to engage with Chinese industries, fostering collaboration and exploring new opportunities. With improved accessibility for international participants, the expo underscores China’s commitment to open engagement and shared growth in the global economy.

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