"Global Supply Chain Promotion Report" Unveiled at CISCE
Unveiled at the China International Supply Chain Expo (CISCE), the 2024 Global Supply Chain Promotion Report delivers valuable insights into significant trends and challenges within global supply chains. Additionally, it presents two new indices designed to evaluate global supply chain connectivity and promotion, equipping stakeholders with essential data to maneuver through the changing landscape.
TroibNews 
The Global Supply Chain Promotion Report 2024 was unveiled on Tuesday at the ongoing China International Supply Chain Expo, organized by the China Council for the Promotion of International Trade. As the flagship publication of the event, this report delivers a thorough analysis of the latest trends, challenges, and developments within global supply chains.
Included in the report are supply chain maps for 11 crucial industries, such as humanoid robots, smart cars, integrated circuits, wind power, as well as coffee and cotton. These maps depict the distribution of supply chains across various stages, including upstream, midstream, and downstream sectors, along with highlighting the dominant economies and enterprises at each phase.
Notable trends highlighted in the report encompass the integration of advanced technologies and a persistent move toward regionalization, diversification, digitalization, and sustainability. The report examines how these transformations are redefining supply chain structures and fostering the emergence of new business models and trade regulations designed to address the shifting dynamics of global supply chains.
There is also a pronounced focus on enhancing supply chain resilience, with countries and businesses proactively safeguarding critical product flows through increased domestic production and improved risk monitoring strategies.
Ren Hongbin, chairman of CCPIT, remarked that this is the inaugural instance of such a comprehensive global supply chain report being published. He stressed that the data-driven insights provided address crucial queries concerning global supply chain connectivity and disruption risks, which are significant concerns for both governments and the global business community.
In conjunction with the report, two new indices were introduced: the Global Supply Chain Connectivity Index and the Global Supply Chain Promotion Index. These indices are intended to offer deeper insights into global supply chain development trends and risks, aiding governments and businesses in navigating the continually evolving global supply chain landscape.
The GSCCI stands out as the world's first complete index measuring global supply chain connectivity. It draws upon over 1.26 million quality data points from international organizations—including the World Bank, the World Trade Organization, and the International Monetary Fund—as well as statistical authorities from major economies and global databases. The outcomes of this index have undergone stringent significance and robustness evaluations, providing a scientific and objective analysis of global supply chain connectivity.
Meanwhile, the GSCPI is recognized as the world's first index that quantitatively evaluates the extent of global supply chain promotion. This index is constructed using a multi-layer calculation of over 50,000 authoritative data points from international organizations, reflecting recent shifts in the global supply chain promotion framework.
The Global Supply Chain Promotion Report 2024 and the introduction of these two indices clarify the latest trends in global supply chain promotion, the current state of global supply chain connectivity, and their underlying causes. They are anticipated to assist stakeholders in navigating the complexities of the evolving global supply chain environment in the years ahead.
The report's release event attracted over 300 representatives from industry, academia, and the media, who convened to deliberate on the future of global supply chains. Central topics of discussion included the pressing need for enhanced international collaboration in order to construct a safe, stable, and efficient global supply chain system that is open, inclusive, and mutually beneficial.
Ian Smith for TROIB News
Included in the report are supply chain maps for 11 crucial industries, such as humanoid robots, smart cars, integrated circuits, wind power, as well as coffee and cotton. These maps depict the distribution of supply chains across various stages, including upstream, midstream, and downstream sectors, along with highlighting the dominant economies and enterprises at each phase.
Notable trends highlighted in the report encompass the integration of advanced technologies and a persistent move toward regionalization, diversification, digitalization, and sustainability. The report examines how these transformations are redefining supply chain structures and fostering the emergence of new business models and trade regulations designed to address the shifting dynamics of global supply chains.
There is also a pronounced focus on enhancing supply chain resilience, with countries and businesses proactively safeguarding critical product flows through increased domestic production and improved risk monitoring strategies.
Ren Hongbin, chairman of CCPIT, remarked that this is the inaugural instance of such a comprehensive global supply chain report being published. He stressed that the data-driven insights provided address crucial queries concerning global supply chain connectivity and disruption risks, which are significant concerns for both governments and the global business community.
In conjunction with the report, two new indices were introduced: the Global Supply Chain Connectivity Index and the Global Supply Chain Promotion Index. These indices are intended to offer deeper insights into global supply chain development trends and risks, aiding governments and businesses in navigating the continually evolving global supply chain landscape.
The GSCCI stands out as the world's first complete index measuring global supply chain connectivity. It draws upon over 1.26 million quality data points from international organizations—including the World Bank, the World Trade Organization, and the International Monetary Fund—as well as statistical authorities from major economies and global databases. The outcomes of this index have undergone stringent significance and robustness evaluations, providing a scientific and objective analysis of global supply chain connectivity.
Meanwhile, the GSCPI is recognized as the world's first index that quantitatively evaluates the extent of global supply chain promotion. This index is constructed using a multi-layer calculation of over 50,000 authoritative data points from international organizations, reflecting recent shifts in the global supply chain promotion framework.
The Global Supply Chain Promotion Report 2024 and the introduction of these two indices clarify the latest trends in global supply chain promotion, the current state of global supply chain connectivity, and their underlying causes. They are anticipated to assist stakeholders in navigating the complexities of the evolving global supply chain environment in the years ahead.
The report's release event attracted over 300 representatives from industry, academia, and the media, who convened to deliberate on the future of global supply chains. Central topics of discussion included the pressing need for enhanced international collaboration in order to construct a safe, stable, and efficient global supply chain system that is open, inclusive, and mutually beneficial.
Ian Smith for TROIB News
