The second China International Supply Chain Expo (CISCE) plays a key role in boosting interconnectivity and enabling collaboration, said participants of the event from across the globe.
Themed "Connecting the World for a Shared Future", the five-day expo opened on Tuesday, putting a spotlight on a more "chain-centric" approach.
Compared with the previous edition, this year's event boasts a higher number of exhibiting companies, more international participants, and a larger crowd. Li Xianlong, who is participating in the supply chain expo for the second time, received visitors from dozens of upstream and downstream companies every day on average in the past two days. He said many visitors and business opportunities came through reference and networking.
"There is a Korean company that intends to raise a lot of sheep in the Yinchuan area (in northwest China's Ningxia Hui Autonomous Region). So I thought of the technology of Mr. Li's company and recommended it to our Korean partner," said Zhou Xin, another exhibitor.
"The CISCE has brought us an unprecedented opportunity which helps us catch the attention of the entire industrial chain. On board the big ship of the supply chain expo, (we) have already launched (products) in Brazil, Australia, New Zealand and other countries," Li said.
Seeing high popularity of the event, organizers expanded the exhibition area of this year's supply chain expo from 100,000 square meters in the first session to 120,000 square meters.
"Agriculture is one of the sources of the supply chain for our own economies and also internationally. We can help in this regard. So we are looking for further cooperation," said Rahamtalla Mohamed Osman Elnor, permanent representative to China of the Africa Union (AU).
"I believe that the Japanese business community should fully communicate with China's Council for the Promotion of International Trade, organizer of the event, based on the supply chain to explore how the two countries can actively embark on a constructive path in the future. This was a very good meeting," said Masayoshi Matsumoto, chairman and CEO of Sumitomo Electric Industries, Ltd. This year's expo is attended by around 600 exhibitors, with around 30 percent of them being international ones, and over 60 percent from among the Fortune Global 500 or industry leaders.
Among the overseas participants, American companies account for the largest number, and the number of European and Japanese companies also significantly exceeds that of the first session.
"China having access to global supply chains is important for the global world being able to receive and use the supply chains to invest in and move their goods into and out of China. It's also important one of the ways of doing that is enabling effective, functioning, resilient sustainable supply chains," said John Denton, Secretary General of the International Chamber of Commerce.
Int'l supply chain expo boosts interconnectivity, enables collaboration: participants
