BEIJING, July 20 (Xinhua) — The third China International Supply Chain Expo (CISCE), which concluded on Sunday in Beijing, has strengthened its function as an important platform for selling resilient, diversified and cooperative world provide chains, with a promising enhance in worldwide collaborations.
With over 6,000 cooperation agreements and partnership intents reached this yr, the world’s first national-level exhibition devoted to produce chains is steadily reworking the worldwide provide community into a series of shared advantages for all.
“This event is much more than an expo. It is a forest of connections between economies, industries and people,” John Denton, the secretary-general of the International Chamber of Commerce, mentioned on the opening ceremony. “We are here together to advance our shared prosperity.”
INNOVATION
After three editions, CISCE has constructed a fame as a hub of technological innovation in provide chain and a placing showcase for China’s new high quality productive forces.
“Innovation is the defining feature of CISCE and the source of its vitality,” mentioned Yu Jianlong, the vice chairman of the China Council for the Promotion of International Trade (CCPIT), organizer of the expo.
This yr’s expo showcased an array of standout applied sciences, together with a humanoid robotic geared up with Nvidia chips, an AI-supported automobile paint defect inspection system, and a hydrogen power provide chain show based mostly on liquid hydrogen expertise.
Beyond the high-tech merchandise dazzling keen audiences, this version of the expo additionally spotlighted a deeper query: how you can rework technological achievements into highly effective drivers of commercial improvement.
This yr’s CISCE featured, for the primary time, a devoted innovation chain zone. Though modest in measurement, the zone brings collectively a various vary of 14 collaborating establishments, together with the World Intellectual Property Organization and the China National Intellectual Property Administration. These exhibitors signify key gamers throughout numerous phases of science and expertise commercialization, starting from policy-making and expertise switch to innovation incubation, and supply focused options to crucial challenges in reworking technological achievements.
“Here in China, people are so advanced. The technology adoption is so fast,” mentioned Jensen Huang, Nvidia CEO, throughout an interview on the sidelines of the expo, citing many examples of how China’s modern functions are setting world developments — with firms worldwide studying from its practices.
COOPERATION
As a global expo shared by the world, the CISCE continues to advertise inclusive and mutually helpful cooperation globally. Through the expo, an rising variety of worldwide individuals are aligning with the world’s most complete provide chain whereas protecting tempo with its fast improvement.
According to the info from CCPIT, the expo has seen a gentle rise in worldwide participation. The proportion of abroad exhibitors has grown from 26 p.c within the first version to 32 p.c within the second, and reached 35 p.c this yr. Over 65 p.c of the exhibitors are Fortune Global 500 firms or trade leaders. Meanwhile, the geographic attain of individuals has expanded from 55 nations and areas within the inaugural expo to 75 within the newest version.
Major multinational firms have utilized CISCE to strengthen native partnerships and broaden their presence in China. “Over the past three years at CISCE, we’ve showcased progress alongside our suppliers in smart manufacturing, green manufacturing and talent development,” Isabel Ge Mahe, Apple’s vice chairman and managing director of Greater China, informed Xinhua.
She highlighted Apple’s 20 billion U.S. {dollars} funding in China over the previous 5 years, primarily targeted on innovation and provide chain developments, and praised China’s dynamic innovation ecosystem and complex sensible provide chains. “We are deeply rooted here, incredibly proud of the supply chain we helped build, and will continue to invest and innovate with our local partners.”
Domestic provinces additionally used the expo to court docket supply-chain companions. At a facet occasion, southwest China’s Sichuan Province drew overseas giants with its full industrial chain, pro-business local weather and large market.
“We entered China more than 40 years ago and we’re still expanding,” mentioned Utsugi Yuyama, government officer of Japanese materials producer AGC Inc. The firm already runs chemical and digital strains in Sichuan and plans extra. He hailed the province’s expertise pool and complete industrial chain, the place native and overseas enterprises combine to drive progress.
GREENER SUPPLY CHAIN
Green improvement has more and more turn out to be the inspiration and spotlight of the expo. How to advertise inexperienced and low-carbon improvement throughout industrial and provide chains has turn out to be a notable query on the expo, and an rising variety of main enterprises of their provide chain are stepping up with modern options.
“Green standards, including carbon tracking and sustainability metrics, are becoming essential across industries,” mentioned Zhou Xing, head of public affairs at PwC China, who recognized inexperienced transformation as one of many 4 key developments shaping the present world provide chain restructuring.
At this yr’s expo, multinational firms similar to Schneider Electric made their debut, showcasing digital options for sustainable provide chain building. The firm is working to ascertain an environment friendly and resilient inexperienced provide chain that may reply swiftly to market shifts.
“The supply chain expo provides an important platform for global enterprises, especially in green supply chain construction,” mentioned Yin Zheng, government vice-president of Schneider Electric and president of its China and East Asia operations. Yin added that Schneider Electric hopes to share its expertise and search extra cooperation alternatives via the occasion.
Returning to CISCE for the third consecutive yr, Starbucks China spotlighted a complete have a look at the “green path” from espresso bean to brewed cup. According to the corporate, round 30 p.c of its whole carbon emissions in China stem straight or not directly from its personal operations, whereas the remaining 70 p.c originate upstream, from sectors like dairy manufacturing and logistics.
To sort out this problem, Starbucks China introduced a strategic partnership with Envision Group, a number one inexperienced tech firm, at this yr’s expo. Over the subsequent three years, the 2 sides will work collectively to roll out a digital carbon administration platform aimed toward regularly overlaying one hundred pc of Starbucks China’s direct suppliers.