Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, July 17 (Xinhua) — The 3rd China International Supply Chain Expo (CISCE) opened in Beijing on Wednesday, with global business leaders and officials unanimously calling for stronger supply chains through open markets, innovation and multilateral cooperation.
“This event is not just a trade show. It is a forest of connections between economies, industries and people,” said John Denton, secretary general of the International Chamber of Commerce (ICC), in his speech. “We are here to promote our shared prosperity.”
His words reflected a broad consensus among participants: building trust and deepening integration – from AI innovation to global manufacturing cooperation – are essential to effectively address growing global uncertainties.
CISCE 2025, held from July 16 to 20, brought together more than 650 companies and institutions from 75 countries, regions and international organizations, as well as over 500 of their upstream and downstream partners.
Foreign exhibitors accounted for 35 percent of the total number of participants, indicating sustainable business interest despite the strengthening geopolitical and economic headwinds.
Organized by the China Council for the Promotion of International Trade (CCPIT), the event is the world's first national-level exhibition dedicated exclusively to supply chains.
Ahead of the event, Wang Yiwei, director of the Institute of International Affairs at Renmin University of China, said the active participation of multinational companies reflects “the continuing momentum and irreversibility of globalization.”
He noted that China, with the world's most complete and largest industrial system, is playing an increasingly important role in driving global development through digital and green transformation and is increasingly seen as a laboratory for innovation.
China's expanding role in global innovation ecosystems, especially in AI, was highlighted by US tech giant Nvidia CEO Jensen Huang, who spoke at CISCE for the first time.
Calling China’s supply chain a “phenomenon,” he highlighted the country’s rapidly advancing AI technologies and their global reach. “China’s open-source AI is a catalyst for global progress,” he said, as it enables greater access to innovation and supports international cooperation on standards and safeguards.
In an interview on the sidelines of the show, Jensen Huang reiterated Nvidia’s long-term commitment to the Chinese market. “If you want to stay in the game, you have to invest,” he said. “The market is moving so fast and the competition is so intense – we have to keep growing.”
He added that China's tech market is growing rapidly and remains a key focus for the company, calling it "a very important market with dynamic, innovative customers."
The exhibition comes as China has announced economic growth of 5.3 percent in the first half of 2025, despite growing challenges and external uncertainties.
“China is entering a new cycle of market opportunities,” Lin Chunmei, general manager of Corning Greater China, told Xinhua. “With the rise of AI and cloud computing technologies, the AI infrastructure market is growing faster than ever.”
She noted that China's stable and resilient economy, along with a stable and open business environment, continues to support enterprise growth. "We have seen consistent improvements in China's business environment over the past decades," she added.
At the opening ceremony, CCPIT and global business representatives launched a joint initiative calling for supply chain stability and security, digital and green transformation, and stronger international cooperation.
CCPIT Chairman Ren Hongbin said the expo has become a platform for China's high-level opening-up, calling for joint efforts to safeguard multilateralism and build a more connected future. -0-
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