Industry insiders stress the indispensable role of China in the global supply chain, underscoring the significance of closer cooperation for mutual benefit.
Collaboration between international companies and Chinese counterparts spans the entire industrial process, from procurement to final assembly and delivery. This partnership has notably facilitated business expansion and enhanced efficiency.
Amidst this collaboration, the construction of key assembly facilities in China’s major industrial hubs progresses steadily, buoyed by robust local suppliers and a conducive regulatory environment.
Executives from diverse sectors express commitment to long-term engagement with the Chinese market, recognizing its pivotal position in their supply chains. Efforts towards green and smart manufacturing are also highlighted as areas of focus for future cooperation.
To foster further cooperation, China will host the second China International Supply Chain Expo (CISCE), featuring exhibitions on advanced manufacturing and various sectors crucial to supply chains.
Experts assert that attempts to decouple or de-risk from China may have unintended consequences, emphasizing China’s enduring importance as a vital trading partner on the global stage.
As China continues its economic growth trajectory, maintaining strong ties with the country remains paramount for global supply chain resilience.
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