CCTV:

Currently, there are many kinds of exhibitions in China. I would like to ask, what are the outstanding features of the Chain Expo compared to others? Thank you.

Ren Hongbin:

Thanks for your question. As you said, since the 18th CPC National Congress, various large-scale high-level international exhibitions have blossomed in China, including the China Import and Export Fair (Canton Fair), the China International Import Expo, the China International Fair for Trade in Services, and the China International Consumer Products Expo. Those exhibitions have shown the world China's confidence and determination in promoting high-level opening up and its actions to create an international platform for countries to share opportunities and expand exchanges.

Why will we host the Chain Expo? Earlier, I introduced the main information and characteristics of this expo. As a new window for China to foster a new development pattern and a new platform for promoting high-level opening up, the expo is the world's first high-level supply chain-themed exhibition. We often say that "the green lotus leaves stretch to the horizon and the lotus flowers look incredibly red in the sunshine." We hope that the expo will become a spotlight among various exhibitions hosted by China after the 20th CPC National Congress. We also hope that the expo will be in line with the expectations of Chinese and foreign enterprises, in line with advancing Chinese modernization on all fronts, and in line with efforts to build an open world economy, therefore become a new international public product that is beneficial to all and shared by all.

If there is anything different from other exhibitions, I would list the following three aspects:

First, the vision of the expo is different. As mentioned earlier, President Xi Jinping has on many occasions stated that China is committed to keeping global industrial and supply chains stable and smooth, which fully reflects the shared aspiration of the vast majority of countries and enterprises in the world. Currently, supply chain is a "hot word" and "key word" regarding the world economy. Themed "Connecting the World for a Shared Future,” the expo will help to build more consensus for openness. It will also encourage countries to jointly overcome the difficulties and challenges confronting global economic growth and bring a bright future for global development through openness. At the same time, the expo uses the supply chain as a medium to bring together global business enterprises through exhibitions, forums, seminars, and other ways, to explore upstream and downstream partners in the supply chain and jointly send a strong message of maintaining the stability and smoothness of the global industrial and supply chains.

Second, the way of organizing is different. The Chain Expo is not just showcasing a single type of product, but showcasing the chain and ecosystem. Looking vertically, we will display globally leading products and technologies in the upstream, midstream, and downstream of various chains, highlighting green development, low-carbon environmental protection, and digital transformation. Looking horizontally, we will showcase supply chain services, including finance, logistics, trade consulting, commercial and legal affairs, culture, tourism and creative design, fostering an ecosystem for the development of related industries. The exhibitors of the expo are not only the leading enterprises in the supply chain, but also the small and medium-sized specialized and sophisticated enterprises that produce new and unique products, “little giant” enterprises, as well as “hidden champion" companies. What you see is not an exhibition of a certain enterprise or product, but a complete ecosystem of the five major sectors. Enterprises that have signed up for the expo are mainly central government enterprises, state-owned enterprises, and the world's top 500 enterprises. Therefore, in the process of promotion, we call for paying more attention to the resilience and inclusiveness of the entire industrial and supply chains and bring upstream and downstream, small and medium-sized enterprises to the expo.

Third, the aim of the expo is different. Rather than simply showcasing products or signing orders, the Chain Expo focuses on the exchange and cooperation among upstream, midstream and downstream enterprises in the supply chain, enabling them to find their accurate position in the supply chain and the most suitable partners for cooperation. The expo not only focuses on short-term transactions but also on long-term cooperation and common development. This is what sets the Chain Expo apart from other exhibitions, and the sense of gain for enterprises is different. The Chain Expo is not only open to professional purchasers but also welcomes universities, research institutes, and the general public, allowing everyone to see the latest development forms and future development trends of industrial and supply chains for the five sectors. The Chain Expo will become a cooperation platform for enterprises to seize new opportunities and expand their international circle of friends, and it will also become a feast of ideas for industry exchanges, discussions, and development. We will hold five professional forums together with relevant international organizations, domestic industry associations and government departments. Meanwhile, we will adopt an interactive, experiential, and immersive presentation that makes everyone personally experience the development of modern industrial and supply chains as well as the development of modern science and technology, and feel that technology improves life and technology creates the future. Thank you.