CISCE Announces Release of "Beijing Initiative on Global Supply Chain Cooperation"

CISCE has announced the release of the Beijing initiative focused on enhancing global supply chain cooperation.

CISCE Announces Release of "Beijing Initiative on Global Supply Chain Cooperation"
On Tuesday, the second China International Supply Chain Expo kicked off with the unveiling of a new initiative from Beijing aimed at enhancing global supply chain stability.

The Beijing Initiative for International Cooperation on Industrial and Supply Chains encompasses five core areas: fostering open collaboration in global industrial and supply chains, enhancing digital connectivity, promoting green and low-carbon development, improving industrial and supply chain services, and leveraging the unique contributions of the business community.

The initiative states, "We advocate for practicing true multilateralism, enhancing trade and investment liberalization and facilitation, opposing protectionism, and enhancing international industrial specialization and collaboration." It calls for efforts to "foster integrated development of industries and to deepen integration of supply and demand so as to maintain stable and unimpeded industrial and supply chains and strive for a universally beneficial and inclusive economic globalization."

Additionally, it emphasizes the need to stay aligned with "technological and industrial advancements," advocating for better integration of the traditional economy with the digital economy and the nurturing of new quality productive forces. The initiative encourages the transfer and application of digital technologies to unlock the potential of the digital economy and cross-border e-commerce while actively exploring and supporting the industrial applications of artificial intelligence.

Among its recommendations, the initiative highlights the importance of "accelerating the development of international logistics systems" and calls on governments to enhance collaboration in port and transportation logistics, expand multimodal transport networks, and promote the digitalization and green transformation of logistics. It also emphasizes the building of intelligent logistics networks.

Furthermore, it urges the global business community to use platforms like CISCE to deepen practical cooperation and foster mutual understanding and trust among nations.

The second CISCE, recognized as the world's first national-level exhibition dedicated to supply chains, is being held in Beijing from Tuesday to Saturday. It serves as a comprehensive platform for business matchmaking and investment opportunities, aiming to stimulate collaboration across a variety of industries.

This year's expo, themed "Connecting the World for a Shared Future," highlights the interconnectedness of supply chains through its booth arrangement and exhibition zones, delivering a broad showcase of key processes throughout the entire supply chain, from upstream to downstream.

Alejandro Jose Martinez for TROIB News