By He Yin, People’s Daily
On June 22, the Fourth China International Supply Chain Expo (CISCE) opened in Beijing.
As the world’s first state-level exhibition dedicated to supply chain cooperation, the expo has become a premier platform for global businesses to connect, explore application scenarios, and discover practical solutions.
It vividly demonstrates the immense vitality of China’s vast market and the opportunities the country offers to the world.
As a vital link in global industrial and supply chains, China remains committed to safeguarding these chains as international public goods and supporting international cooperation across supply chains so that the benefits of development can be shared more broadly among all countries.
Over four years of development, the CISCE has grown into a globally recognized economic and trade event and an international public good shared by all.
Under the theme “Connecting the World for a Shared Future,” this year’s expo has attracted more than 1,200 exhibitors from 85 countries, regions, and international organizations, with overseas participation rising to 36.5 percent.
Speaking at the event, South African Deputy President Paul Mashatile noted that the expo provides an essential platform for strengthening partnerships, rebuilding confidence in the global trading system, and promoting inclusive and sustainable economic growth.
Innovation is a key engine driving development. This year’s expo features exhibition areas dedicated to digital technology, advanced manufacturing, green agriculture, healthy living, smart vehicles, clean energy, and supply chain services. More than 160 new products, technologies, services, and application scenarios are being unveiled for the first time, helping transform new quality productive forces into tangible industrial achievements that can be experienced, discussed, and implemented.
A dedicated artificial intelligence exhibition (AI) area has also been introduced, showcasing the complete AI ecosystem, from data collection and intelligent computing to real-world applications.
Jensen Huang, founder and chief executive officer of NVIDIA, described China as one of the world’s most important centers of technology and industry, highlighting the excellence of its engineers, the agility of its developers, and the remarkable scale at which its enterprises operate.
The enthusiasm shown by exhibitors offers valuable insight into the deeper appeal of the Chinese market. According to the latest data released by China’s Ministry of Commerce, the number of existing foreign-invested enterprises in China has increased year on year over the past three years, surpassing 530,000. The overwhelming majority of these companies have chosen to deepen their presence in China and continue expanding their investments.
Recently, China released an action plan to stabilize and improve the utilization of foreign investment. The action plan focuses on five areas, which include expanding market access, facilitating investment procedures, enhancing investment promotion, strengthening services and guarantees for foreign investment, and improving foreign capital management.
It sets out 15 measures, including further opening up the services sector, strengthening the influence of the “Invest China” initiative, and fully implementing national treatment for foreign-invested enterprises.
These measures are designed to ensure that foreign businesses can develop in China on a broader, deeper, and smoother footing.
As China enters the 15th Five-Year Plan period(2026-2030), foreign investors are expanding their presence across China, from emerging industries and advanced manufacturing to research and development centers and regional headquarters. They are drawing strength from China’s innovation ecosystem, sharpening their competitiveness in the vast Chinese market, and building capabilities that position them for success on a global scale.
Against rising global economic uncertainty, China has provided the world with valuable stability through the certainty of its high-quality development and reinforced confidence among foreign investors through its consistent commitment to opening up.
Recently, the 7th Qingdao Multinationals Summit concluded successfully, with “innovation,” “cooperation,” and “opportunity” emerging as recurring themes throughout the event.
At this year’s CISCE, Chinese and international companies are exploring ways to enhance the resilience of industrial and supply chains while fostering new advantages through innovation-driven development.
On June 23, the 17th Annual Meeting of the New Champions, also known as the Summer Davos, opened in Dalian, northeast China’s Liaoning province, under the theme “Innovating at Scale.” The event once again demonstrates China’s firm commitment to openness and cooperation while sharing with the world the vast opportunities created by Chinese modernization.
With successive grand gatherings for opening up held one after another and surging tides of cooperation converging unceasingly, opportunities stemming from China’s massive market are continuously translating into dividends shared by all in global development.
China will continue to be a builder of an open world economy, a driver of global common development, and a supporter of mutually beneficial cooperation among businesses from all countries.
More foreign-invested enterprises are welcome to grow and thrive in China’s dynamic market, work together to create a better future, and contribute fresh momentum to the recovery and growth of the world economy.
Connecting the world through openness and cooperation for a shared future
