Agreements totaling more than $21 billion signed at the 2nd China International Supply Chain Promotion Expo

The 2nd China International Supply Chain Promotion Exhibition /CISCE/ concluded in Beijing on Saturday, where more than 210 cooperation and intentions agreements were signed for a total value of more than 152 billion yuan /about 21.17 billion US dollars/. This was reported by the Chinese Committee for the Promotion of International Trade /CCPIT/, the organizer of the event.

According to the committee, during the five-day exhibition more than 600 exhibitors from almost 70 countries and regions of the world established cooperation with more than 37 thousand suppliers of raw materials and finished products.

More than 6 thousand meetings between exhibitors and professional audience were organized within CISCE, thanks to which it was possible to conclude more than 6.7 thousand agreements of intent.

This year's exhibition was attended by more than 200,000 people, which is about a third more than at the first similar event.

As the world's first national-level supply chain exhibition, the event attracted significant interest from multinational corporations. Almost a third of this year's exhibitors came from abroad, up from 26 percent last year. Moreover, major global companies, including GE HealthCare and SAP, have already applied to participate in the 3rd China International Supply Chain Promotion Expo.

CCPIT Vice Chairman Zhang Shaogang emphasized that the Expo is a platform for both Chinese and international companies to showcase their innovations, hold meaningful business discussions and exchange views on strengthening supply chain cooperation.

He noted that CCPIT is committed to improving this Expo and expanding its “circle of friends” to further strengthen the broad consensus on promoting international supply chain cooperation.

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