Over $21b in deals inked at supply chain expo

The second China International Supply Chain Expo wrapped up over the weekend in Beijing, having witnessed the signing of over 210 trade deals and tentative agreements totaling more than 152 billion yuan ($21.2 billion), according to the event's organizer, the China Council for the Promotion of International Trade.

During the five-day expo, over 600 exhibitors from nearly 70 countries and regions established cooperative ties with more than 37,000 upstream and downstream suppliers, the organizer said.

The CCPIT scheduled over 6,000 matchmaking sessions for exhibitors and visitors, facilitating the establishment of more than 6,700 cooperation intentions.

This year's expo attracted over 200,000 visitors, an increase of about a third compared to the inaugural event.

As the world's first national-level expo focusing on supply chains, the event has garnered significant interest from foreign firms. Nearly one-third of this year's exhibitors came from overseas, up from 26 percent over last year. Major global players, including GE HealthCare and SAP, have already secured their participation at the third edition of the expo.

Zhang Shaogang, vice-chairman of the CCPIT, emphasized that the expo is a platform for both domestic and foreign firms to showcase their innovations, engage in meaningful business discussions and exchange views on strengthening supply chain cooperation.

Xinhua - China Daily