Latest news with #RenHongbin
Korea Herald
5 days ago
- Business
- Korea Herald
China, ASEAN and GCC Advance Cooperative Frameworks to Strengthen Regional Supply Chain Resilience
KUALA LUMPUR, Malaysia, May 29, 2025 /PRNewswire/ -- 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.
Cision Canada
5 days ago
- Business
- Cision Canada
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.
Yahoo
5 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
Associated Press
5 days ago
- Business
- Associated Press
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
Malaysia Sun
26-05-2025
- 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.
