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China, ASEAN and GCC Advance Cooperative Frameworks to Strengthen Regional Supply Chain Resilience
China, ASEAN and GCC Advance Cooperative Frameworks to Strengthen Regional Supply Chain Resilience

Yahoo

time5 days ago

  • Business
  • Yahoo

China, ASEAN and GCC Advance Cooperative Frameworks to Strengthen Regional Supply Chain Resilience

KUALA LUMPUR, Malaysia, May 29, 2025 /CNW/ -- China, the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) are ramping up efforts to enhance regional economic cooperation and stabilize industrial and supply chains. From the China-ASEAN Economic Forum to the ASEAN-China-GCC Economic Forum and the upcoming 3rd China International Supply Chain Expo (CISCE), these multilateral initiatives are injecting fresh momentum into the global economic recovery. On May 26, the ASEAN-China Economic Forum convened nearly 200 representatives from the public and private sectors. CCPIT Chairman Ren Hongbin stressed the importance of recent agreements between China and ASEAN, especially with Malaysia, to deepen cooperation through the Belt and Road Initiative (BRI) and the Regional Comprehensive Economic Partnership (RCEP). ASEAN representatives widely recognized the significant potential for China-ASEAN cooperation in technology innovation and industrial collaboration. Malaysia and other ASEAN countries expressed their intention to participate in the upcoming 3rd CISCE, working together to build an open, stable regional supply chain network. With 50 days remaining until its opening, the 3rd CISCE has attracted global attention as the world's first national-level supply chain expo. Previous editions generated over RMB 300 billion in commercial transactions, with this year's expo expected to draw hundreds of global companies. A newly established "Innovation Chain Zone" will feature high-value intellectual property and emerging technologies. Michael Hart, president of the American Chamber of Commerce in China, recently urged U.S. companies to take part, underscoring CISCE's unique value in a fragmented global trade landscape. Chairman Ren described the expo as "an oasis of cooperation in an uncertain world," designed to connect global businesses through integrated, sector-specific solutions. The 2025 edition will retain its six principal focus areas while introducing new models to support global supply chain resilience. The first ASEAN-China-GCC Economic Forum, held from May 27 to 28 in Kuala Lumpur, advanced regional collaboration. Ren led a delegation of over 30 executives from China's energy, artificial intelligence, and infrastructure sectors, holding talks with ASEAN and GCC officials, resulting in multiple cross-border cooperation memoranda of understanding. From low-carbon ice cream to pioneering compressed air energy storage technology, CISCE has established itself as a global launchpad for commercial innovations. At a time of growing trade protectionism, CISCE stands out as a venue for transparent, rules-based cooperation, and is positioned to play a key role in reshaping interregional supply chain dynamics. View original content to download multimedia: SOURCE China International Supply Chain Expo View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Osaka World Expo's Hainan Week showcased the boundless potential of the Free Trade Port
Osaka World Expo's Hainan Week showcased the boundless potential of the Free Trade Port

Yahoo

time27-05-2025

  • Business
  • Yahoo

Osaka World Expo's Hainan Week showcased the boundless potential of the Free Trade Port

CCPIT Hainan Provincial Committee HAIKOU, China, May 26, 2025 (GLOBE NEWSWIRE) -- The Hainan Week, themed "Towards Green Growth, Open and Shared," was held at the World Expo's China Pavilion in Osaka, Japan, on May 23-25, 2025, at which the successes and opportunities of the Hainan Free Trade Port to the world were well presented. A Media Snippet accompanying this announcement is available in this link. During the event, Hainan launched investment and trade activities in Tokyo, Osaka, and Hyogo, introducing the policies and industries of the Free Trade Port and facilitating partnerships between Hainan and Japanese enterprises. The China Council for the Promotion of International Trade (CCPIT) Hainan Provincial Committee, the China Chamber of International Commerce (CCOIC) Hainan Chamber of Commerce, and the Chinese Chamber of Commerce in Kansai of Japan inked a memorandum -- the three parties will give full play to their respective advantages to support exchanges and cooperation between the two places. In addition, Japan's Taopin International Co., Ltd. joined hands with the Hainan Smart Eco-Industry Park Group to co-establish the Hainan Global Exhibition Center so that more health, biomedicine, elderly care, new materials, and artificial intelligence projects can be landed in Hainan. To offer visitors a tangible glimpse into the province's intangible cultural heritage, also exhibited at Hainan Week were Li ethnic group accessories, Li brocade, creative products, performances of the Li dyeing, weaving, and embroidery skills, applications of Hainan agarwood, and many more. Nobuhiko Sasaki, president of the Japan-China Economic Association, pointed out that as China's only free trade port, Hainan has long attracted attention from all walks of life. He hoped that this event can allow global friends to further discover opportunities. His association is geared up to deepen ties between the Japanese business community and Hainan. In recent years, Hainan and Japan have achieved fruitful collaborations in a wide range of fields, such as medical care, modern agriculture, and the digital economy. In 2024, Hainan's utilized Japanese investment increased by about 54% year-on-year, while at least 100 Japanese companies registered in Hainan. This year, direct flights from Haikou to Tokyo and Osaka have been opened, making business and cultural exchanges convenient. According to Lin Chunhong, vice president of the CCPIT Hainan Provincial Committee and the CCOIC Hainan Chamber of Commerce, the committee plans to leverage the resources of investment promotion, international economic liaison, legal services, etc., to build a business platform for Japanese enterprises and provide them support across the board. Source: CCPIT Hainan Provincial Committee CONTACT: Contact person: Ms. Fu, Tel: 86-10-63074558

Roadshow for 3rd China Int'l Supply Chain Expo held in Kuala Lumpur
Roadshow for 3rd China Int'l Supply Chain Expo held in Kuala Lumpur

Malaysia Sun

time26-05-2025

  • Business
  • Malaysia Sun

Roadshow for 3rd China Int'l Supply Chain Expo held in Kuala Lumpur

KUALA LUMPUR, May 26 (Xinhua) -- A roadshow for the 3rd China International Supply Chain Expo was held here on Monday, highlighting further cooperation between China and the Association of Southeast Asian Nations (ASEAN) countries to enhance coordination in industrial and supply chain development. Nearly 200 representatives from trade and investment promotion agencies, business associations, and enterprises from China and ASEAN countries participated in the event. Ren Hongbin, chairman of the China Council for the Promotion of International Trade (CCPIT), said the CCPIT is ready to work hand in hand with the business community of ASEAN countries to promote bilateral economic and trade ties, strengthen coordination in industrial and supply chains, deepen practical cooperation in multilateral fields, and play an active role in the inaugural ASEAN-China-GCC Summit to promote regional integration. Chang Lih Kang, Malaysian minister of science, technology and innovation, said Malaysia and China share a long-standing mutually beneficial partnership and hoped both sides would put theirs strengths together to build stronger, smarter and more sustainable supply chains. The minister strongly encouraged the business community in Malaysia and ASEAN countries to take part in the third China International Supply Chain Expo. "It's a great opportunity to showcase what we can offer, and even more importantly, to discover what we can build together," he said. Chairman of Malaysia-China Business Council Low Kian Chuan said that with the recent completion of the negotiations on the Version 3.0 China-ASEAN Free Trade Area (CAFTA), both sides will further deepen their long-standing ties, built on mutual respect and shared growth. "This expo serves as a crucial platform for global suppliers and vendors to connect with and integrate into China's extensive supply chain network, promoting greater inclusivity, strengthening resilience, and advancing sustainable growth," he said. The third China International Supply Chain Expo will be held in Beijing from July 16 to July 20 this year, focusing on supply chains of advanced manufacturing, clean energy and other industries.

The 3rd CISCE 100-Day Countdown: Uniting Global Industry Chains for a Shared Future
The 3rd CISCE 100-Day Countdown: Uniting Global Industry Chains for a Shared Future

Korea Herald

time08-04-2025

  • Business
  • Korea Herald

The 3rd CISCE 100-Day Countdown: Uniting Global Industry Chains for a Shared Future

BEIJING, April 8, 2025 /PRNewswire/ -- On April 7, 2025, the 3 rd China International Supply Chain Expo (CISCE) initiated its 100-day countdown, heralding a global gathering under the theme Connecting the World for a Shared Future. Amid unprecedented supply chain volatility and shifting trade dynamics, the Expo will take place in Beijing from July 16 th to 20 th, doubling down on its mission to drive international cooperation and build crisis-resilient supply chains. Centering on industry chain integration as its cornerstone, the Expo spotlights value generated through supply chain interconnectivity while integrating stakeholder-driven innovations. The event amplifies international collaboration by showcasing China's expertise in overseas market adaptation, supply chain scalability, and transformative cross-border business models. Attendees will explore cutting-edge, end-to-end supply chain solutions honed by Chinese enterprises, reflecting years of strategic growth. A highlight includes the inaugural Innovation Chain Zone, part of the Advanced Manufacturing Chain pavilion, which aims to accelerate the commercialization of patented technologies and breakthrough inventions. This dedicated space underscores the Expo's mission to bridge conceptual advancements with real-world industrial applications, reinforcing its role as a catalyst for global supply chain evolution. "Through supply chains, we're connecting the world's businesses, products, and services, building bridges for industrial integration, innovation, and market access," said Ren Hongbin, Chairman of the China Council for the Promotion of International Trade (CCPIT). "The platform has become an open driver of mutual growth and win-win cooperation between China and the world." The Expo is expanding networking opportunities through pre-event, on-site, and post-event engagements while strengthening its exhibitor alliance to foster deeper business connections. In a significant development, the event moves to summer for the first time, ensuring optimal comfort for global attendees. Early registrations indicate strong cross-sector participation, with industry leaders from automotive, pharmaceuticals, advanced manufacturing, and finance—both returning exhibitors and new entrants—gearing up to converge in July and shape the future of global supply chains. CISCE, held in China and recognized as the world's first national-level event focused on supply chains, has rapidly emerged as a critical hub for global industrial collaboration and innovation, and a premier gateway for international firms accessing the Chinese market. At the last CISCE, the event's second edition, exhibitors signed over 210 cooperation agreements and letters of intent, totaling well over 152 billion yuan (approx. USD 20.8 billion). The Expo also serves as a global hub for tech innovation and environmentally responsible collaboration.

The 3rd CISCE 100-Day Countdown: Uniting Global Industry Chains for a Shared Future
The 3rd CISCE 100-Day Countdown: Uniting Global Industry Chains for a Shared Future

Globe and Mail

time08-04-2025

  • Business
  • Globe and Mail

The 3rd CISCE 100-Day Countdown: Uniting Global Industry Chains for a Shared Future

BEIJING , /CNW/ -- On April 7, 2025 , the 3 rd China International Supply Chain Expo (CISCE) initiated its 100-day countdown, heralding a global gathering under the theme Connecting the World for a Shared Future. Amid unprecedented supply chain volatility and shifting trade dynamics, the Expo will take place in Beijing from July 16 th to 20 th, doubling down on its mission to drive international cooperation and build crisis-resilient supply chains. Centering on industry chain integration as its cornerstone, the Expo spotlights value generated through supply chain interconnectivity while integrating stakeholder-driven innovations. The event amplifies international collaboration by showcasing China's expertise in overseas market adaptation, supply chain scalability, and transformative cross-border business models. Attendees will explore cutting-edge, end-to-end supply chain solutions honed by Chinese enterprises, reflecting years of strategic growth. A highlight includes the inaugural Innovation Chain Zone, part of the Advanced Manufacturing Chain pavilion, which aims to accelerate the commercialization of patented technologies and breakthrough inventions. This dedicated space underscores the Expo's mission to bridge conceptual advancements with real-world industrial applications, reinforcing its role as a catalyst for global supply chain evolution. "Through supply chains, we're connecting the world's businesses, products, and services, building bridges for industrial integration, innovation, and market access," said Ren Hongbin , Chairman of the China Council for the Promotion of International Trade (CCPIT) . "The platform has become an open driver of mutual growth and win-win cooperation between China and the world." The Expo is expanding networking opportunities through pre-event, on-site, and post-event engagements while strengthening its exhibitor alliance to foster deeper business connections. In a significant development, the event moves to summer for the first time, ensuring optimal comfort for global attendees. Early registrations indicate strong cross-sector participation, with industry leaders from automotive, pharmaceuticals, advanced manufacturing, and finance—both returning exhibitors and new entrants—gearing up to converge in July and shape the future of global supply chains. CISCE, held in China and recognized as the world's first national-level event focused on supply chains, has rapidly emerged as a critical hub for global industrial collaboration and innovation, and a premier gateway for international firms accessing the Chinese market. At the last CISCE, the event's second edition, exhibitors signed over 210 cooperation agreements and letters of intent, totaling well over 152 billion yuan (approx. USD 20.8 billion ). The Expo also serves as a global hub for tech innovation and environmentally responsible collaboration.

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