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China's first supply chain expo attracts large MNCs with 20% US participation

Time:2023-11-24 17:10:51 Source:SFC
A number of companies from the United States will present their latest products and technological solutions at the inaugural China International Supply Chain Expo in Beijing next week, underscoring their long-term commitment to the Chinese market, the country's top foreign trade and investment promotion agency said on Tuesday.

The CISCE, which will be held from November 28 to December 2 in Beijing, will have 26 percent international exhibitors from 55 countries and regions, of which 36 percent will be US and European companies, said the China Council for the Promotion of International Trade (CCPIT).

About 20 percent of the CISCE's international exhibitors are US companies such as Apple, Intel, Exxon-Mobil, Cargill, Honeywell, Qualcomm, FedEx Express and GE HealthCare, and a number of global 500 and multinational companies will send senior representatives to the expo as well.

"Many US companies view the CISCE as a platform for launching new products, showcasing innovations and fostering collaborations," Zhang Shaogang, vice chairman of the CCPIT, said during the Tuesday press conference.

For example, Honeywell will showcase auxiliary power units for wide-body aircraft for the first time, and GE Healthcare will showcase its safe, stable, visible and touchable international supply chain for the first time with production, supply and overseas marketing chains, according to Zhang.

Enterprises from South Africa, Canada, Japan, Vietnam, African Union countries, Portuguese-speaking countries, and Latin American and Caribbean countries will also participate in the CISCE in the form of national and regional booths, said Zhang.

A total of 515 Chinese and foreign enterprises and institutions will participate in the expo, displaying new technologies, new products and new services in the key links of the global supply chain, the vice chairman said.

"With our designed matching system, we have matched more than 30 buyers with more than 200 exhibitors each. A number of exhibitors have already booked booths at the second CISCE," said Zhang.

Covering a total exhibition area of 100,000 square meters, the first CISCE features five supply chains — smart vehicle, green agriculture, clean energy, digital technology and healthy life — as well as a supply chain service exhibition area.