The representatives attending a trade forum in New York on behalf of Chinese and U.S. business communities have expressed their confidence in a deepening cooperation in the sector of supply chain between the two countries.
Convened on Monday, the China-U.S. Economic and Trade Cooperation Forum was hosted by the China Council for the Promotion of International Trade (CCPIT), a national trade promotion body.
CCPIT President Ren Hongbin pointed out at the forum that as a "cornerstone" of China-U.S. relations, the bilateral economic and trade cooperation has been deepening since the two countries established diplomatic ties 45 years ago.
With the two economies highly complementary and their interests deeply integrated, a stronger cooperation in the supply chain will help maintain the stability and smooth flow of the global supply chain and inject more impetus into the economic growth of both countries, the region and the world at large, he said.
Chinese Consul General in New York Huang Ping said that the third plenary session of the 20th Central Committee of the Communist Party of China (CPC), which concluded in Beijing earlier this month, made it clear that China will continue to pursue the policy of opening up.
U.S. companies are welcome to make good use of platforms such as the China International Supply Chain Expo to enhace cooperation with China and help foster a steady development of bilateral relations, he added.
Inaugurated in 2023 and hosted by the CCPIT, the second China International Supply Chain Expo is scheduled for November this year.
Peter Tichansky, president and CEO of the Business Council for International Understanding, underlined the more than 300 reform measures proposed at the Plenary, noting that they provide broad space for U.S.-China cooperation in sectors such as technological innovation, energy transition, artificial intelligence (AI), chips and trade.
He also expressed the hope to enhance cooperation with the CCPIT for contributing to a safer and more prosperous world.
Declan Daly, chief operating officer of the U.S. Council for International Business (USCIB), underscored the enormous benefits brought by sound bilateral relations for the enterprises of both countries.
He said the USCIB is willing to deepen cooperation with the CCPIT and its affiliates for building a more open and inclusive market.
"The supply chain cooperation between China and the United States is impossible to artificially decouple. Both Chinese and American enterprises have quite real and urgent needs [for each other's products]. Many CEOs of large companies from the United States told us last year that China has the most complete industrial system and it is impossible for them to leave China," said Lin Shunjie, chairman of the China International Exhibition Center Group (CIEC), in an interview with China Central Television on the sidelines of the forum.
"I see the partnership that I can make with Chinese manufacturers as a necessity. And it's going to the future of my business," said Jonathan Webb, co-founder and CEO of the U.S. e-commerce company Packable.
Chinese, US business representatives confident in supply chain cooperation
Chinese, US business representatives confident in supply chain cooperation
