China and Germany, two global manufacturing powerhouses, are deepening their collaboration to enhance their industrial and supply chains, particularly in the automotive sector. The Beijing China-Germany Industrial Park exemplifies this partnership, having attracted over 110 German-funded and affiliated enterprises. This influx of businesses is fostering innovation and strengthening economic cooperation between the two nations.
During the second China International Supply Chain Expo (CISCE) in Beijing, CGTN's Hou Jing engaged with supply chain solution providers such as Vastalta and Stibo Systems. These discussions highlighted how the expo underscores China's pivotal role in global supply and value chains. Additionally, the event showcased advancements in cooperation with Chinese enterprises and the spurring of technological innovation across industries.
This enhanced collaboration between China and Germany not only bolsters their own industrial sectors but also contributes to a more robust and interconnected global economy.
Reference(s):
China, Germany deepen supply chain, industrial park collaboration
cgtn.com
