Skip to Content Facebook Feature Image

Chinese-German business groups promote supply chain expo

China

Video Player is loading.
Current Time 0:00
Duration -:-
Loaded: 0%
Stream Type LIVE
Remaining Time -:-
Â
1x
    • Chapters
    • descriptions off, selected
    • captions off, selected
      China

      China

      Chinese-German business groups promote supply chain expo

      2024-09-15 14:29 Last Updated At:09-16 00:37

      The China Council for the Promotion of International Trade (CCPIT) and German business associations held a pitch event in Dusseldorf, Germany on Wednesday to promote the second China International Supply Chain Expo (CISCE).

      Nearly 130 representatives of Chinese and German enterprises attended the roadshow.

      At the promotional meeting, Ren Hongbin, chairman of the CCPIT, noted that economic and trade cooperation serves as a cornerstone of China-Germany relations. He said China looks forward to both countries leveraging their respective advantages, exploring the vast potential for mutually beneficial cooperation, and becoming key partners in global supply chains.

      Andreas Schmitz, president of the Dusseldorf Chamber of Industry and Commerce, also president of the advisory board of the German-Chinese Business Association (DCW), said China's supply chain system is not only complete but also highly agile and flexible.

      He added that bilateral business communities should capitalize on opportunities in trade, investment, innovation and technology to deepen cooperation and achieve mutual development.

      The expo is scheduled for November 26 to 30 this year in Beijing. As the world's first national-level exhibition dedicated to supply chains, CISCE offers a unique platform for global businesses to strengthen industry and supply chain cooperation. The second CISCE has already drawn over 600 domestic and international companies, including major German firms like Siemens, Bosch, and SAP.

      Chinese-German business groups promote supply chain expo

      Chinese-German business groups promote supply chain expo

      Chinese-German business groups promote supply chain expo

      Chinese-German business groups promote supply chain expo

      Chinese-German business groups promote supply chain expo

      Chinese-German business groups promote supply chain expo

      Next Article

      Transformation, upgrading of China's manufacturing investment accelerates in 2024

      2025-01-20 22:37 Last Updated At:23:07

      China in 2024 saw a faster transformation and upgrading of investment in manufacturing industry, a strong growth of investment in high-tech industries, and a rebound of investment in infrastructure construction, according to the latest data released by the National Bureau of Statistics on Saturday.

      The investment in manufacturing industry grew by 9.2 percent compared to the previous year, or six percentage points higher than the growth rate of overall investment. In particular, investment in technological upgrades of manufacturing industry increased by eight percent, or 4.8 percentage points higher than overall investment growth.

      Private investment in manufacturing grew by 10.8 percent, driving up overall private investment by 5.3 percentage points.

      The structure of investment continued to optimize. Investment in high-tech industries rose eight percent compared to the previous year, which was 4.8 percentage points higher than the growth rate of overall investment. In particular, investment in high-tech manufacturing grew by seven percent, and that in high-tech service industry grew by 10.2 percent. Investments related to high-tech industries, such as aerospace equipment manufacturing and professional technical services, increased by more than 30 percent.

      In 2025, China plans to moderately increase central government budgetary investments, issue ultra-long-term special treasury bonds and local government special bonds, and enhance efforts to support projects for implementing major national strategies and building security capacity in key areas, as well as implementation of large-scale equipment upgrades and consumer goods trade-in programs, with the aim of stimulating private investment activity through various measures, effectively leveraging government investment to drive social investment, improving investment efficiency, and promoting steady growth in investments.

      Transformation, upgrading of China's manufacturing investment accelerates in 2024

      Transformation, upgrading of China's manufacturing investment accelerates in 2024

      Recommended Articles
      Hot · Posts