Beijing is stepping up its game in the global supply chain arena! At the grand opening of the second China International Supply Chain Expo (CISCE) on Tuesday, a new initiative was unveiled aimed at promoting stable and smooth global supply chains.
The Beijing Initiative for International Cooperation on Industrial and Supply Chains focuses on five key areas:
Promoting open cooperation in global industrial and supply chains
Advancing digital connectivity
Boosting green and low-carbon development
Improving industrial and supply chain services
Harnessing the unique role of the business community
\"We advocate for practicing true multilateralism, enhancing trade and investment liberalization and facilitation, opposing protectionism, and enhancing international industrial specialization and collaboration,\" the initiative states. It emphasizes the need to foster integrated development of industries and deepen the integration of supply and demand to keep industrial and supply chains stable and unimpeded.
Staying ahead of technological and industrial advancements is a top priority. The initiative encourages the transfer and application of digital technologies, the growth of the digital economy, and the exploration of artificial intelligence in industrial applications.
Logistics are also a focus, with calls to accelerate the development of international logistics systems, enhance cooperation in port and transportation logistics, expand multimodal transport networks, and build intelligent logistics networks through digitalization and green transformation.
The expo itself, running from Tuesday to Saturday in Beijing, is the world's first national-level exhibition focused on supply chains. With the theme \"Connecting the World for a Shared Future,\" the event offers a comprehensive platform for business matchmaking and investment opportunities across diverse industries. It's all about showcasing the interconnected nature of supply chains, from upstream to downstream processes.
Business leaders and innovators are using platforms like CISCE to deepen cooperation and build mutual trust among nations, laying the groundwork for a more integrated and resilient global economy.
