Key event highlights innovative strides in
supply chain management and international
cooperation
BRIDGETOWN, Barbados,
May 27, 2024 /PRNewswire/ -- The
Global Supply Chain Promotion Report (the Report) was officially
released in Bridgetown, Barbados,
lately, during a key session of the inaugural Global Supply Chain
Forum, the promotional conference for the second China
International Supply Chain Expo (CISCE). The forum was a
collaborative effort between the United Nations Conference on Trade
and Development (UNCTAD) and the Barbados government, hosted by the China
Council for the Promotion of International Trade (CCPIT).
Authored by the China Council for the Promotion of International
Trade Academy, the Report provides an in-depth approach to
quantitatively assessing the global supply chain's movement towards
regionalization, diversification, digitalization, and greening from
a global standpoint, establishing a novel analysis model for
promoting the global supply chain.
The event featured keynotes from Ren
Hongbin, Chairman of CCPIT; Shamika
N. Sirimanne, Director of UNCTAD's Division on Technology
and Logistics; and Yan Xiusheng, the Chinese Ambassador to
Barbados. Joining them were more
than 100 senior executives from multinational corporations and
trade associations worldwide.
Mr. Ren underscored the indispensable role that robust,
resilient global supply and industrial chains play in underpinning
the world's economic vitality, stressing that reinforcing
international supply chain cooperation is not only beneficial but
essential, given the current global economic climate.
He explained that China's
decision to host the CISCE is a timely response to current
challenges, aimed at fostering an environment conducive to open
dialogue, stronger partnerships, and collective advancement.
Furthermore, Mr. Ren highlighted China's ongoing commitment to facilitating the
participation of regional organizations such as the African Union,
the Arab League, as well as those organizations and enterprises
from Caribbean states and islands
in the South Pacific.
In her remarks, Ms. Sirimanne praised China's leadership in hosting the CISCE and
the publication of the Global Supply Chain Promotion Report, noting
that current global supply chain challenges remain acute.
Ambassador Yan highlighted the CISCE's crucial role as a premier
venue for advancing trade and investment cooperation between
Chinese and Barbadian firms.
The second edition of the CISCE, scheduled for November 26–30 in
Beijing, with its recruitment and
investment promotion efforts advancing successfully, is attracting
keen interest from international businesses eager to participate in
this important event.
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