By Wu Siya

 

BEIJING, Nov. 26 (China Economic Net)– Themed "Connecting the World for a Shared Future", the 2nd China International Supply Chain Expo (CISCE), the first supply chain expo at the national level worldwide, is set to be held in Beijing from Nov. 26 to Nov. 30, featuring exhibitions, forums, seminars and trade fairs.

 

 

 

From product R&D and design, procurement and transportation of raw materials, to production and distribution of semi-finished and finished products, to final consumption, through which forms a chain system that requires efficient collaboration, the supply chain. 

 

With an exhibition area of about 120,000 square meters, the five-day expo has attracted a total of 620 enterprises from 69 countries and regions, an increase of 20% over the first session. The proportion of overseas exhibitors increased from 26% to 32%, in which European and United States exhibitors accounted for 50%, and the Fortune Global 500 and industry leading enterprises accounted for more than 60%. More than that, it will embrace about 100,000 professional buyers and visitors from exceed 100 countries and regions.

 

“This fully demonstrates the urgent expectations for industrial chain and supply chain cooperation around the globe, as well as the trust of global companies in China’s development path,” Zhang Shaogang, vice president of the China Council for the Promotion of International Trade (CCPIT), noted in an interview.

 

The second CISCE consists of seven exhibition areas, namely Supply Chain Service, Digital Technology, Healthy Life, Green Agriculture, Smart Vehicle, Clean Energy and the newly established Advanced Manufacturing chain. The reporter learned that many companies come here together with upstream and downstream suppliers for win-win effect. “It’s not about competing for business, but collaborating for partners,” reflecting the feature of this expo with the theme of “Chain”.

 

“In today’s world, geopolitical tensions and protectionist policies are disrupting global industrial chains. But what will it bring? McKinsey recently predicted that if the world excludes China, the cost of global energy transformation will rise by 20%, equivalent to 6 trillion US dollars. This is a very terrible consequence, which will seriously affect our decarbonization process and economic prosperity,” emphasized Dominic Barton, Chairman of Rio Tinto Group, in his keynote speech at the opening ceremony.

 

“Therefore, rebuilding an integrated global industrial chain and supply chain is not only crucial to promoting economic growth, but also to solving the urgent problem of climate change. As for Rio Tinto, we are using China’s innovative electric trucks to mine copper in Mongolia. These trucks use fast-charging batteries to help us achieve high-speed and low-cost decarbonization of the entire business.”

 

The 2nd China International Supply Chain Expo will also release a world-first report, the Global Supply Chain Facilitation Report 2024, mapping the global supply chains of 11 key industries, including humanoid robots, smart cars, and integrated circuits, as well as two world-first indexes, the Global Supply Chain Facilitation Index and the Global Supply Chain Connectivity Index, which will more accurately present global supply chain trends and major risks through quantitative analysis methods.