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International forum on resilient and stable industrial and supply chains held in Hangzhou

Dec 08,2022

The International Forum on Resilient and Stable Industrial and Supply Chains opened on Sept 19 in Hangzhou, East China's Zhejiang province, under the theme of working together to overcome challenges and pragmatically promoting resilience in global industrial and supply chains. 

Chinese Vice-premier Liu He read a congratulatory letter from President Xi Jinping at the forum. 

In his address to the forum, Wang Anshun, Vice Minister of the Development Research Center (DRC) of the State Council, noted that President Xi's congratulatory letter to the forum fully reflects the great importance the Chinese government has consistently attached to maintaining the resilient and stable global industrial and supply chains.

It is the common aspiration and serves the common interests of people globally to strengthen the resilience and stability of industrial and supply chains and promote steady and solid progress in global economic recovery, Wang said. 

China has always upheld the principle of openness and collaboration in industrial and supply chains. Efforts have also been made to ensure they are green and low-carbon by advancing technological progress and re-establishing incentive mechanism, he said, adding that China has insisted on giving full play to the comparative advantages of different countries and improving international economic and trade rules in a bid to build industrial and supply chains on the basis of win-win cooperation and to jointly create a bright future for the world economy.

The Initiative of International Cooperation on Resilient and Stable Industrial and Supply Chains was released at the forum.

More than 300 senior representatives from over 10 countries and regions, international organizations and Fortune Global 500 companies participated in the forum online or on-site.

The forum was jointly hosted by the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Transport, the Development Research Center (DRC) of the State Council and the People's Government of Zhejiang Province, and organized by the Center for International Knowledge on Development.