Senior executives from leading multinational companies expressed their strong confidence in China's supply chain capabilities, at the just concluded third China International Supply Chain Expo (CISCE), speaking highly of its speed, flexibility, innovation, and green transformation.
The CISCE was held from July 16 to 20 in Beijing under the theme of Connecting the World for a Shared Future. It gathered 651 enterprises and institutions from 75 countries, regions, and international organizations, with overseas exhibitors making up 35 percent of the total.
"Since 2018, we've seen the rise of China's new energy vehicle industry and viewed it as a major opportunity. Our factory in Nanjing is excellent, but without China's strong supply chain, our products couldn't be continuously upgraded. A key feature of China's supply chain is the close integration of business needs, research and development, and manufacturing. It's not just our own base, in the whole Yangtze River Delta, we can find a large number of excellent suppliers within just one hour (of travel distance)," said Yu Feng, president of Honeywell (China) Co., Ltd.
"First of all, China's supply chain is extremely flexible. The speed and cycle for products developed in the lab to factory production and then being launched to the market are incredibly fast. Secondly, it is highly comprehensive, from upstream raw materials to end products, the entire industrial chain is complete and increasingly green. At our production base in Zhangjiagang, we've already achieved 100 percent green energy usage. All of this is made possible by China's rapid development of renewable energy," said Liu Xuelin, vice president of Wacker Chemicals (China) Co., Ltd.
Looking forward, global enterprises leaders said that they are still optimistic about the Chinese market and will further expand their investments in China.
"We have five major business segments in China, with a total investment of 9 billion U.S. dollars. This year, we're adding another 500 million U.S. dollars in new investments," said Lin Chunmei, president and general manager of Corning Greater China.
"We have 10 R and D centers, and more than 20 percent of our Chinese employees are R and D personnel. China is also a key hub for global innovation. Every year, we apply for hundreds of patents in China. I firmly believe that innovation in China will not only continue, but will also accelerate," said Yu.
Global executives laud China's fast, flexible, green supply chain
China's stock market demonstrated robust performance in 2025 with new records in various sectors.
Against the backdrop of global liquidity easing and evolving industrial policies, the A-share market experienced a landmark year. Multiple key metrics - including total market capitalization, trading volume, as well as margin trading and short selling balances - achieved historic breakthroughs, demonstrating remarkable vitality and resilience.
In terms of overall performance, as of Dec. 31, 2025, the total market capitalization of A-shares reached approximately 118.91 trillion yuan, marking a net increase of 25.30 trillion yuan from the year's opening level of 93.61 trillion yuan. This represents a growth rate of 27.03 percent, according to data from financial information provider Wind.
In 2025, major A-share indices extended their annual gains compared to 2024.
On Dec. 31, 2025, the Shanghai Composite Index stood at 3,968.84 points, marking an annual increase of 18.41 percent - the largest annual gain since 2020. The Shenzhen Component Index rose 29.87 percent for the year, while the ChiNext Index surged 49.57 percent. The Beijing Stock Exchange 50 Index recorded an annual gain of 38.80 percent, while the STAR Market 50 Index rose 35.92 percent for the year.
As major indices rose, market trading activity intensified. Throughout 2025, the A-share market recorded a total trading value of approximately 420 trillion yuan, marking a growth of over 60 percent compared to the previous year and nearly doubling the 2023 annual value. It also marked the first time in history that the annual trading value surpassed the 400 trillion yuan threshold.
The margin trading and short selling scale in the A-share market expanded rapidly in 2025. As of the year end, the outstanding margin trading and short selling balance in the A-share market increased by 690.7 billion yuan during the year to reach 2.5 trillion yuan, setting a new historical high.
Notably, the growth in the balance was primarily driven by the increase in the financing balance. Although the short selling balance also increased in 2025, its cumulative growth for the year was less than 10 billion yuan, with the absolute value of the short selling balance remaining at a low level in recent years.
As market sentiment continued to heat up, major sectors in the A-share market saw increases. Key industry sectors rose to varying degrees, with over half posting annual increases exceeding 30 percent.
Boosted by sharp rises in precious metal prices, the nonferrous metals sector delivered standout performance throughout 2025. Defense and military, telecommunications, machinery and equipment, automotive, power equipment, and electronics sectors also ranked among the top annual gainers. Sectors like food and beverages, coal, and banking showed relatively weaker annual performance but still managed modest gains.
Against the backdrop of a broad market rally, individual stocks also rose, with many delivering standout performances. Data indicates that over 4,200 A-shares saw price increases in 2025, accounting for more than three-quarters of the total. Specifically, after excluding newly listed stocks, over 500 A-shares still doubled in value, with more than 100 stocks achieving annual gains exceeding 200 percent.
China's stock market demonstrates strong performance with multiple new records in 2025
