Supply chain expo fuels inclusive global growth

The Second China International Supply Chain Expo opened in Beijing on Tuesday. The expo, along with other events such as the China International Import Expo and China International Fair for Trade in Services, points to the importance the country attaches to opening-up.

That more than 600 foreign and Chinese companies are taking part in this expo, an increase of 20 percent compared with the first one in 2023, and the number of foreign participants has risen by 26 percent, speaks volumes about how such expos are welcomed by domestic and foreign companies.

The number of top 500 transnational enterprises, the number of top 500 Chinese companies and the number of top 500 private Chinese enterprises that are participating in the expo have increased by 42, 46 and 70 percent respectively compared with the first event last year. This suggests that an increasing number of enterprises, whether foreign or domestic ones, have come to realize the important role the expo can play in promoting global supply chains.