*Againstthebackdropofmountingtradeprotectionismandrisingglobalfragmentation,theeventshowcasesChina'sbidtochampionopenness,innovationandinternationalcooperationinthefaceofgrowingheadwinds.
*Chinahasconsistentlychampionedopen,cooperativeinternationaltradeasananchorofstability,especiallyduringtimesofworldwideeconomicvolatilityandgeopoliticalturbulence.
*China'seconomybeatexpectationswithrobust5.3percentGDPgrowthinthefirsthalfof2025andisactivelytakingstepstomaintainstabilityandsustaingrowthmomentuminthemonthsahead.
BEIJING,July20(Xinhua)--Astarifftensionsandgeopoliticaluncertaintiescontinuetorattletheglobaleconomy,the2025ChinaInternationalSupplyChainExpoisemergingasapromisingplatformtofosterresilient,diversifiedandcooperativeglobalsupplychains.
RunningfromWednesdaytoSundayinBeijing,thethirdeditionofthesupplychain-themedexpohasdrawnmorethan600exhibitors,notablythoseofcarmakers,logisticsprovidersandpharmaceuticalfirms,spanning75countriesandregions.
Againstthebackdropofmountingtradeprotectionismandrisingglobalfragmentation,theeventshowcasesChina'sbidtochampionopenness,innovationandinternationalcooperationinthefaceofgrowingheadwinds.
PLATFORMFORCOOPERATION
Theeventcomesatatimeofheightenedtradefrictionandmountinguncertainty,whichisexpectedtoweighheavilyonglobaleconomicactivity.InitsAprilforecast,theInternationalMonetaryFundprojectedglobalgrowthtoslowto2.8percentin2025and3percentin2026,downfrom3.3percentforbothyearsinitsJanuaryoutlook.
"Geopoliticaltensionshavedisruptedsupplychains,harmingnotonlyothersbutalsoone'sowninterests,"saidXuJiabin,aneconomicsprofessoratRenminUniversityofChina."That'swhywemustadoptaninclusivemindsetandworktogethertoimprovetheglobalsupplychain'sconnectivityandcoordination.Thisisthepathtomutualbenefit."
Astheworld'sfirstnational-levelplatformfocusedonsupplychains,theexpohelpsconnectChineseandinternationalfirms,promotetechnicalalignmentandsupportdeepereconomiccooperation,ZhouXing,headofpublicaffairsatPwCChina,toldXinhua.
"Theexpooffersahigh-efficiencymatchmakingplatform,"shesaid."Itenablescompaniestoalignontechnology,standardsandmarkets,helpingdriveglobalcollaboration."
ForChinesefirms,theexpooffersawindowtoexpandtheirinternationalfootprintandconnectdirectlywithglobalsupplychainnodes.Formultinationalfirms,itprovidesanopportunitytogainaccesstoChina'svastmarket,comprehensiveindustrialecosystemandstrongpolicysupport.
SIGGroup,aSingapore-basedaccountingandtaxfirm,isparticipatingintheexpoforthesecondtime.AsacompanydedicatedtosupportingChineseenterprisesinexpandingintoASEANmarkets,itengagedinin-depthexchangeswithawiderangeofpartnersattheevent.
EdwardLiu,aseniordirectoratSIGGroupsaidtheeventoffersavaluableopportunitytoenhancethefirm'sabilitytoserveitsclientsinthefuture.
CHINA'SCOMMITMENT
Chinahasconsistentlychampionedopen,cooperativeinternationaltradeasananchorofstability,especiallyduringtimesofworldwideeconomicvolatilityandgeopoliticalturbulence.
Inacongratulatorylettersenttothe20thWesternChinaInternationalFairinMay,ChinesePresidentXiJinpingsaidthatChinaiswillingtotakethefairasanopportunitytofurtherenhancemutualunderstanding,strengthenfriendship,anddeepencooperationwithfriendsfromallcountries.
Chinawillupholdthemultilateraltradingsystemandensurethestableandsmoothflowofglobalindustrialandsupplychainstogetherwiththeworld,injectingnewimpetusintotheprosperityanddevelopmentoftheworldeconomy,Xinoted.
DuringaMarchmeetinginBeijingwithmorethan40globalCEOsandbusinessleaders,Xisaid,"Chinahasbeenandwillremainanideal,secure,andpromisingdestinationforforeigninvestors."
"EmbracingChinaisembracingopportunities,believinginChinaisbelievinginabettertomorrow,andinvestinginChinaisinvestinginthefuture,"hesaid.
TheChinesepresidentcalledonforeignfirmstosafeguardthemultilateraltradingsystem,maintainthestabilityofglobalindustrialandsupplychains,protecttheinternationalenvironmentforopennessandcooperation,andadvanceeconomicglobalizationintherightdirection.
CONFIDENCEINCHINA
China'seconomybeatexpectationswithrobust5.3percentGDPgrowthinthefirsthalfof2025andisactivelytakingstepstomaintainstabilityandsustaingrowthmomentuminthemonthsahead.Sucheconomicresiliencehasstrengthenedpublicandinvestorconfidenceinthecountry'slong-termeconomicprospects,particularlyitsappealasastrategichubformultinationalfirmslookingtorestructureanddiversifytheirsupplychains.
"Chinaisnolongerjustamanufacturingbase,butaninnovationhub,"saidZhou."ByintegratingdigitaltoolsandinvestinginstrategicsectorslikeEVs,renewablesandbiotech,Chinaisstrengtheningitspositioninglobalvaluechains."
Thisstrategicpivotisalreadybeingrecognizedbyglobalcompanies."Chinahastheworld'smostcompleteEVsupplychain,withtop-tierlocalsuppliersandhighlyresponsivemanufacturingcapabilities,"aTeslaspokespersontoldXinhua.
NvidiaCEOJensenHuangsharedasimilarviewonThursday,describingChina'ssupplychainasa"miracle"andhighlightingthecountry'sdeepcapabilitiesinartificialintelligenceandcomputerscience.
AsChinacontinuestopursuehigh-qualityopening-up,foreignfirmsarealsogainingexpandedaccessandgreaterpolicysupport."Foreigncompaniesareexpectedtobenefitfromgreatermarketaccess,amorelevelplayingfieldandbroaderopportunitiesforcooperation,"saidPoh-YianKoh,presidentofFedExChina.
FedExapplaudstheChinesegovernment'songoingeffortstooptimizethebusinessenvironment,andpledgestocontinuetostrengthenitslogisticsnetworkanddigitalcapabilitiestoenhanceconnectivitybetweenChineseandglobalmarkets,sheadded.
(Videoreporter:SongYidai,BaoHe;videoeditors:YinLe,SongYidai,CaoYing,LiuRuoshi)■