CISCE to boost cooperation in global supply chains

This photo taken on Nov. 26, 2023 shows the venue of the China International Supply Chain Expo (CISCE) in Beijing, capital of China. [Photo/Xinhua]

The second China International Supply Chain Expo (CISCE), scheduled for Nov. 26-30 at the China International Exhibition Center (Shunyi Venue) in Beijing, is attracting exhibitors worldwide. It is the only international event exclusively focused on supply chains, namely the journey of materials and goods from production to final sale.

The expo is organized by the China Council for the Promotion of International Trade (CCPIT) and will focus on six key supply chains: advanced manufacturing, clean energy, smart vehicles, digital technology, healthy life, and green agriculture, together with supply chain services. It will also host specialized forums and side events, including investment promotion sessions, supply-demand matchmaking opportunities, and new product launches.

Notably, hours before the opening of the first CISCE last year, the U.S. government convened a meeting on supply chain resilience and announced plans for an early warning system to detect supply chain disruptions. While Washington touted this initiative as vital for its economy and national security, many international observers viewed it as a continuation of America's protectionist stance, effectively promoting economic "decoupling."

According to some analysts, the CISCE holds significant practical value amid globalization's effects on industrial and supply chains. China's commitment to maintaining global industrial networks has resonated with international businesses.

China continues to offer a platform for exchange through the Belt and Road Initiative, sharing development gains with other countries. It also consistently implements concrete measures to stabilize global industrial and supply chains.

Nearly half the exhibitors at the CISCE represent Belt and Road countries. The event offers these nations a platform to showcase their industrial and supply chain strengths, while cultivating global cooperation opportunities. Moreover, China has helped some less-developed countries participate in the event. Many exhibitors have already booked their booths, according to organizers.

The CISCE is part of China's pledge to help create a better future of prosperity for all countries, a commitment that China has reiterated on several occasions. At the third Belt and Road Forum for International Cooperation held in Beijing last year, China further expounded on and unequivocally affirmed such commitment in its efforts to "advance the modernization of all countries, build an open, inclusive and interconnected world for common development, and jointly build a community with a shared future for mankind."

Elenoire Laudieri is a sinologist and international analyst.

Opinion articles reflect the views of their authors, not necessarily those of China.org.cn.

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