The U.S.-China Economic and Trade Cooperation Forum and the promotion meeting for the 5th China International Supply Chain Expo (CISCE) was held in Chicago on Thursday, with the participation of over 180 representatives from political and business circles of the two countries.
As the world's first national-level exhibition focusing on supply chains, the CISCE has been an internationally shared public good since the first edition was held in 2023. The fifth edition is expected to be held in 2027.
Attendees at the event noted that the industrial and supply chains of China and the U.S. are deeply intertwined, providing a solid foundation and broad scope for cooperation.
They called on the business community to strengthen exchanges to promote healthy and stable development of China-U.S. economic and trade relations.
"The Chinese market is huge. Arguably, China is one of the best manufacturers in the whole world. The supply chain connectivity and the growth of the Chinese market is substantial. So the U.S. and China have to find a way to be able to cooperate because of both our economic size, our competitiveness and ability to use comparative advantages to accelerate both of our economies," said Daniel Bellefleur, vice president of foreign direct investment, Illinois Economic Development Corporation.
"I think the more we learn about each other, the more we are going to see our commonality, and I truly believe that we have a lot to gain by collaboration," said Lori Lightfoot, former mayor of Chicago.
Event held in Chicago to promote 5th China's supply chain expo
