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China releases 2024 Digital Supply Chain Development Report

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China releases 2024 Digital Supply Chain Development Report

2024-10-25 19:41 Last Updated At:20:07

The China Federation of Logistics and Purchasing released the 2024 China Digital Supply Chain Development Report on Friday, highlighting a trend of diversification in the country's supply chain digital transformation.

The report pointed out that the penetration of artificial intelligence (AI) technology across various stages of enterprise supply chains has significantly increased.

During the digital transformation of supply chains, manufacturing is the most involved aspect of enterprises' supply chain digitalization. In the key projects surveyed for the digital supply chain, 70 percent of the companies have achieved supply chain information collaboration through digital means.

The report said that key projects in China's digital supply chain accelerated in 2023.

Through examining 1,530 key digital supply chain projects in the country, the study found that big data, AI, and the Internet of Things are the most compatible digital technologies for enterprises' digital supply chains.

The emergence of large AI models, in particular, has significantly increased the penetration of artificial intelligence technology across various stages of enterprise supply chains.

China releases 2024 Digital Supply Chain Development Report

China releases 2024 Digital Supply Chain Development Report

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China's aviation transport sector sees continuous recovery

2024-10-25 19:51 Last Updated At:20:07

China's civil aviation industry is recovering with historic breakthroughs made in aviation manufacturing, chairman of the China Air Transport Association (CATA) said during the Second CATA Aviation Conference, which opened on Friday in Beijing.

According to CATA, in the first three quarters of this year, the civil aviation industry completed a total transportation turnover of 110.66 billion ton-kilometers, with a passenger transport volume of 550 million passengers, and a cargo and mail transport volume of 6.489 million tons, increasing by 27.4 percent, 19.1 percent, and 24.4 percent respectively compared to the same period last year. Compared to the same period in 2019, the growth rates were 14.5 percent, 11.2 percent, and 19 percent respectively.

The major indicators show leading year-on-year growth and recovery in the global aviation sector, said CATA.

"The passenger and cargo transport volumes are expected to surpass 720 million passengers and 8.5 million tons respectively in 2024, setting new historical records," said Wang Changshun, CATA chairman.

Furthermore, China's aviation industry is advancing its digitalization and green transformation, with a continuous enhancement in energy efficiency and carbon reduction.

In 2023, the fuel consumption per ton-kilometer dropped by 14.3 percent compared to that in 2005, while the average carbon dioxide emissions per passenger at airports decreased by 60.5 percent compared to the 2013-2015 baseline.

Meanwhile, China's domestic civil aircraft industry has made a series of historic breakthroughs, from research and development, design, and manufacturing to airworthiness certification, commercial operation, and overseas expansion.

"The accelerated mass production of new aircraft such as electric vertical take-off and landing aircraft (eVTOL) and remotely piloted aircraft systems (RPAS) will benefit China in integrating aviation manufacturing and unmanned aerial vehicle development resources. It will facilitate the accelerated integration of aviation manufacturing and emerging technologies. In the future, the full life-cycle costs of aircraft for airlines will continue to decrease," said Wang.

As of the end of September this year, China had registered 2.049 million drones, with over 17,000 drone operating companies holding valid certificates. The application scenarios for drones are expanding rapidly, with emerging consumer trends such as drone delivery logistics, aerial tours, and aviation sports developing rapidly.

Held from Oct 25 to 27, the Second CATA Aviation Conference gathered a variety of exhibitors, including airlines, airports, aircraft equipment manufacturers, airline catering companies and equipment manufacturers, research institutions, and civil aviation colleges, showcasing the achievements of technological innovation and development in the aviation industry.

China's aviation transport sector sees continuous recovery

China's aviation transport sector sees continuous recovery

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