The second China International Supply Chain Expo (CISCE) is set to take place in Beijing from November 26 to 30, as announced by the China Council for the Promotion of International Trade (CCPIT). Under the theme \"Connecting the World for a Shared Future,\" this year's event aims to enhance international cooperation in industrial and supply chains.
Expanding its exhibition area to 120,000 square meters, up from last year's 100,000, the expo is expected to feature over 600 Chinese and foreign companies, marking a 20% increase in exhibitors. Visitors from more than 100 countries and regions are anticipated, surpassing last year's attendance.
As the world's first supply chain-themed exhibition, CISCE focuses on connecting upstream, midstream, and downstream sectors. It brings together enterprises of all sizes, coordinates industry with academia and research, and fosters interactions between Chinese and international businesses.
During the opening ceremony on November 26, a new initiative for stable and smooth global industrial and supply chains will be unveiled.
Economic Restrictions and Fair Trade
CCPIT Vice Chairman Zhang Shaogang addressed recent economic and trade restrictions imposed by the U.S. and the European Union, labeling them as unilateral actions that violate World Trade Organization (WTO) rules. He emphasized the negative impact these measures have on global industrial and supply chain cooperation.
\"On behalf of the Chinese business community, the CCPIT and the China Chamber of International Commerce express firm opposition,\" Zhang stated. He called on the U.S. and Europe to respect market economy laws and fair competition principles, urging an immediate halt to restrictive practices.
Zhang highlighted that a recent CCPIT survey of over 400 key foreign-invested enterprises showed strong support for China's investment policies, with 64.9% and 66.6% expressing confidence in central and local government measures respectively. This optimism is reflected in the increased participation of overseas exhibitors at CISCE, reaching 32%, led by American companies alongside significant numbers from Europe and Japan.
\"This indicates that foreign investment remains optimistic about the Chinese market, reaffirming China's status as a preferred partner for supply chain cooperation in global resource allocation,\" Zhang concluded.
Reference(s):
Overseas exhibitors to make up 32% of enterprises at China's 2nd CISCE
cgtn.com
