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Beijing holds matchmaking event for second China Int'l Supply Chain Expo

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China

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Beijing holds matchmaking event for second China Int'l Supply Chain Expo

2024-09-20 14:47 Last Updated At:20:57

Beijing hosted a matchmaking event Thursday to deepen communication between enterprises while setting the stage for the upcoming Second China International Supply Chain Expo (CISCE).

The event, which drew over 300 representatives from foreign embassies, international business associations, and both Chinese and foreign enterprises, sought to bolster the resilience and stability of global industry and supply chains.

"We will be guided by innovation, adhering to the principles of internationalization, professionalization, market orientation, and sustainability in organizing the event. The aim is to help Chinese and foreign enterprises gain more market share, investment, cooperation and growth opportunities, and build a more resilient and dynamic industrial and supply chain ecology, " said Ren Hongbin, chairman of China Council for the Promotion of International Trade, host of the expo.

Building on the success of last year's expo, which saw over 200 cooperation deals and tentative deals signed, the second CISCE is set to introduce a new "advanced manufacturing chain" exhibition section.

Seven new companies and organizations have signed up at the matchmaking event to participate in the second expo. Other companies shared their insights about the expo, as well as their plans to take part.

"We will continue to showcase our company's strategy of being rooted in China while aligned with global health. This year, we will focus on presenting three major chains: the innovation ecosystem chain, the smart manufacturing chain, and the new quality health chain," said Zhou Xiaping, President of Novo Nordisk Greater China.

"This is our first time participating in this expo. The Chinese market itself is a big market, now the Chinese market is very sophisticated. So we need to be really creative and smart in order to fulfill the needs of the Chinese market. We always are looking for opportunities," said Takeo Keizo, managing director of Sumitomo Electric Industries China.

More than 600 companies and organizations from over 60 countries have confirmed their participation at this year's expo so far, with over 60 percent of the international companies taking part being industry leaders.

Notably, international exhibitors will make up over 30 percent of participants, with more than 60 percent of these being Fortune 500 companies or industry leaders.

The expo's exhibition area is set to expand beyond last year's 100,000 square meters, reflecting growing international interest in China's supply chain initiatives.

The Second China International Supply Chain Expo is scheduled for Nov. 26, till Nov. 30.

Beijing holds matchmaking event for second China Int'l Supply Chain Expo

Beijing holds matchmaking event for second China Int'l Supply Chain Expo

Beijing holds matchmaking event for second China Int'l Supply Chain Expo

Beijing holds matchmaking event for second China Int'l Supply Chain Expo

Beijing holds matchmaking event for second China Int'l Supply Chain Expo

Beijing holds matchmaking event for second China Int'l Supply Chain Expo

Macao has been emerging as a global hub for conventions and exhibitions in recent years by exploring the enormous opportunities in the sector, driving the region to advance its economic diversification and embrace a brighter future.

Macao has received many awards this year, such as the Best Convention City (Asia) and the Best BT-MICE City, showcasing the recognition for and influence of Macao's exhibition industry.

More than 1,000 electronic game enthusiasts from all over the world gathered recently in Macao to participate in a esports themed event.

Su Zhili, organizer of the event, said that Macao's rich experience in hosting large-scale events, coupled with its good infrastructure, has driven him to choose the region as an ideal destination to hold such an activity.

"Macao has held many similar large-scale events. It has rich experience, and the facilities at the venue are relatively mature, so we can start our work comfortably," said Su.

During the first three quarters of 2024, Macao held more than 1,000 conferences and exhibitions in total.

"We will invite more professional, special conferences to be held in Macao and also cultivate more exhibition brands with international influence in Macao, so as to promote Macao's exhibitions to be more market-oriented, professional, international, digital and greener from various aspects. This is our goal," said Elaine Wong, member of the Macao Commerce and Investment Promotion Institute.

In addition, multiple large exhibitions and conferences, such as the Macao International Trade and Investment fair, the Macao Franchise Expo, and the International Infrastructure Investment and Construction Forum, are held regularly in Macao.

With the introduction of a series of policies and measures to facilitate the exchanges between the mainland and Macao, as well as the construction and development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, Macao's convention and exhibition industry will embrace more opportunities for development in the foreseeable future.

"We have such a good industrial base in the Greater Bay Area. The mode of 'Convention and Exhibition + Industry' not only integrates the industries of Macao, but also the industries of the Greater Bay Area. In addition, Macao actively integrates into the national development and plays a role in the Belt and Road. Why are we so confident in Macao's convention and exhibition sector? Because it is backed by the motherland, and the country gives Macao great support," said Alan Ho, chairman of the Macao Association of Convention, Exhibition and Tourism Sectors.

Macao emerges as global hub for conventions and exhibitions, driving economic diversification and international recognition

Macao emerges as global hub for conventions and exhibitions, driving economic diversification and international recognition

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