Ensuring stable supply chains vital to intl market

Vice-premier stresses greater cooperation for digital, smart and green network

Ensuring the stability of global supply chains is vital to addressing rising costs, geopolitical tensions and protectionism, and to preventing a downturn in global trade, government officials and business executives said on Wednesday.

While delivering a speech at the opening ceremony of the third China International Supply Chain Expo in Beijing, Vice-Premier He Lifeng said that China will speed up building a modern industrial system based on advanced manufacturing, and strengthen cooperation with all parties to make global supply chains more digital, smart and green.

This year's grand event, which runs through Sunday, has drawn participation from 651 companies and institutions from 75 countries and regions, according to the Beijing-based China Council for the Promotion of International Trade, the expo's organizer.