N Videos at Southern Metropolis Daily: 

Global industrial systems and industrial and supply chains are becoming more diversified. Maintaining stable and smooth industrial and supply chains has drawn attention from governments and business communities of all countries. Under such circumstances, what are CCPIT's considerations for organizing the Chain Expo? Thank you.

Ren Hongbin:

Thank you for your question. Just now, my colleagues also talked about it. The reasons for holding the Chain Expo can be explained in three aspects. First, organizing the expo is a concrete action to promote international cooperation in global industrial and supply chains. On many major international occasions, such as the G20, APEC and BRICS meetings, President Xi Jinping has stressed China's principles and positions on keeping global industrial and supply chains stable and smooth. China has, together with many regional organizations and countries, launched initiatives to enhance cooperation in supply chains. The Chain Expo presents China's solution to building a global industrial and supply chain system that is secure, stable, smooth, efficient, open, inclusive, and mutually beneficial. It also provides a new exchange and cooperation platform for maintaining stable and smooth industrial and supply chains across the world after the pandemic.

Second, hosting the expo is our concrete response to the common pursuit of the global business community. The CCPIT has developed a network of agencies at home and abroad. It has 925 regional and industrial sub-councils in China and 30 representative offices abroad. It has established multilateral and bilateral business cooperation mechanisms with its counterparts in over 140 countries and regions. Keeping industrial and supply chains stable and smooth has always been the focus of our daily exchanges with domestic and foreign enterprises. Maintaining the resilience and stability of global industrial and supply chains is also a consensus and common aspiration. Not long ago, the Beijing Initiative was released at the Global Trade and Investment Promotion Summit 2023 that we held. Safeguarding the security and stability of global industrial and supply chains was also included in the initiative.

Third and very importantly, the organization of the expo is a concrete action to continue to advance the high-quality development of the cause of trade promotion as we stand at the historic starting point for the 70th anniversary of the CCPIT. As was mentioned just now, in May last year, President Xi Jinping delivered an important video address at the Conference on the 70th Anniversary of CCPIT & Global Trade and Investment Promotion Summit, proposing an important initiative to promote the interconnectivity of industrial and supply chains to the international business community. In his address, President Xi Jinping fully recognized the glorious achievements the CCPIT has made in the past 70 years and expressed his hope that the CCPIT will "continue to break new ground with its tradition of excellence, strengthen its service network for businesses, expand its international circle of friends, and score still greater achievements in contributing to high-quality development and a new development paradigm in China and to an open world economy." The organization of the Chain Expo is the concrete action taken by the new generation of staff at the CCPIT to implement the guiding principles of President Xi Jinping's video address, inherit and carry forward the fine traditions over the past 70 years and build on this achievement to write a new chapter of trade promotion in the new journey. The CCPIT will work with domestic and foreign enterprises as always and jointly build more platforms of cooperation and exchanges, to further liberalize and facilitate global trade and investment, contribute to an economic globalization that is more open, inclusive, balanced and beneficial for all, and make the global governance system more just and equitable. Here, we call on reporters to present the Chain Expo with us. This will enable us to develop a new platform of exchange and cooperation for the global business community and jointly contribute to global economic recovery after the pandemic.

Thanks again to our friends from the media. We welcome you to follow, cover and promote the Chain Expo. Let's look forward to late November this year and witness the success of the first Chain Expo. Thank you, everyone!

Xie Yingjun:

Thanks for the introduction by Mr. Ren and all the speakers, as well as the participation of our media friends. Today's briefing is now concluded. Goodbye!

Translated and edited by Wang Yiming, Yuan Fang, Yang Xi, Zhang Junmian, Dong Qingpei, Huang Shan, Yan Bin, Zhou Jing, Liu Caiyi, Xu Kailin, Liu Sitong, Li Huiru, Tom Arnsten, and Jay Birbeck. In case of any discrepancy between the English and Chinese texts, the Chinese version is deemed to prevail.