China's second international supply chain expo anticipates a 20% increase in exhibitors

The China Council for the Promotion of International Trade (CCPIT) announced in a press conference on Monday that the second China International Supply Chain Expo (CISCE) is scheduled to be held in Beijing from November 26 to 30.

China's second international supply chain expo anticipates a 20% increase in exhibitors
The China Council for the Promotion of International Trade has announced that the second China International Supply Chain Expo will be held in Beijing from November 26 to 30.

With the theme "Connecting the World for a Shared Future," this year's expo will emphasize the importance of international collaboration in industrial and supply chains. It will also include a variety of supporting activities, such as promotional events, seminars, exchanges, and presentations of achievements.

This year's exhibition area has been expanded to 120,000 square meters, up from 100,000 square meters last year. More than 600 companies, both Chinese and foreign, are expected to participate, representing a 20 percent increase in exhibitors compared to the previous event.

The expo will attract attendees from over 100 countries and regions, with visitor numbers anticipated to surpass those of last year.

As the first exhibition dedicated to supply chains globally, the CISCE aims to connect various sectors—including upstream, midstream, and downstream—while bringing together enterprises of all sizes and facilitating interaction between Chinese and international businesses. The event will also coordinate industry, academia, research, and practical application.

During the opening ceremony on November 26, a Beijing initiative aimed at ensuring stable and smooth global industrial and supply chains will be announced.

In light of recent trade restrictions imposed by the U.S. and the European Union targeting China, CCPIT Vice Chairman Zhang Shaogang stated that such measures are unilateral actions that violate World Trade Organization rules and adversely affect global cooperation in industrial and supply chains.

"On behalf of the Chinese business community, the CCPIT and the China Chamber of International Commerce express firm opposition," Zhang said. He called on the U.S. and Europe to respect market economy laws and fair competition principles, urging an immediate cessation of these practices while taking constructive steps to uphold the multilateral trading system centered around the WTO, and to resolve disputes through dialogue and consultation to foster mutual benefits and promote global economic growth.

Zhang emphasized that this represents the shared sentiment of the global business community. He mentioned that representatives from both the Chinese and U.S. business sectors recently proposed a joint initiative related to Asia-Pacific supply chain cooperation principles at the third meeting of the APEC Business Advisory Council for 2024, advocating for open collaboration and compliance with WTO regulations.

Zhang also shared that a survey conducted by the CCPIT among over 400 major foreign-invested enterprises indicated that 64.9 percent and 66.6 percent of respondents viewed China's central and local government policies regarding foreign investment as supportive. These companies expressed confidence in China’s commitment to high-level opening-up.

Furthermore, he noted that overseas exhibitors comprised 32 percent of participants in this year’s CISCE, an increase from last year, with American companies leading the representation and a significant rise in European and Japanese enterprises relative to the event's inaugural year.

"This indicates that foreign investment remains optimistic about the Chinese market, reaffirming China's status as a preferred partner for supply chain cooperation in global resource allocation," Zhang concluded.

Emily Johnson contributed to this report for TROIB News