Chinese Vice Premier He Lifeng emphasized the importance of global cooperation in strengthening supply chains during his keynote speech at the opening ceremony of the 3rd China International Supply Chain Expo (CISCE) in Beijing on Wednesday. The event, themed 'Connecting the World for a Shared Future,' brought together over 1,500 representatives from 55 countries and regions, including business leaders, policymakers, and industry experts.
He highlighted China's commitment to fostering an open global economy, stating, 'Stable and resilient supply chains are vital for sustainable growth. China will continue to deepen international collaboration to address challenges such as technological innovation and green development.' The expo showcases advancements in sectors like clean energy, smart manufacturing, and digital infrastructure, offering insights into Asia's evolving economic landscape.
Analysts note the CISCE's growing significance as multinational corporations seek to diversify supply networks amid shifting trade dynamics. The expo also features forums on cross-border investment opportunities, with a focus on ASEAN and Belt and Road Initiative markets. For investors, the event serves as a barometer of China's strategic priorities, particularly in high-tech industries and sustainable development.
As supply chain resilience becomes a key concern for businesses worldwide, the expo underscores Asia's central role in shaping global trade frameworks. Academic observers point to its potential to drive regional integration while addressing disparities in technological access.
