China seen as indispensable to global supply chain
8 months, 2 weeks ago

China seen as indispensable to global supply chain

China Daily  

The assembly line of the Airbus A320 family of aircraft in Tianjin. George Xu, CEO of Airbus China, said in an exclusive interview last month: "In the past, we had to ship all the big parts from Europe, which took 60 days., we worked with a Chinese partner, the Aviation Industry Corp of China, to produce the parts locally and deliver them 'door to door' to our Tianjin final assembly line." Thanks to strong local suppliers and a stable regulatory environment, the building of the second line of the Airbus A320 family Final Assembly Line Asia in North China's major industrial port city of Tianjin is in full swing. "There's no supply chain in the world that's more critical to us than China," Cook said, noting that Apple will strengthen its long-term cooperation with its Chinese supply chain partners and work closely with them on green and smart manufacturing to achieve win-win results. To boost global supply chain cooperation, China will hold the second China International Supply Chain Expo in November this year after the first CISCE was successfully held in Beijing last year.

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History of this topic

'Investing in China is investing in our future'
3 weeks, 5 days ago

'Investing in China is investing in our future'

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. And that 'investing in China is investing in our future'," Jean-Paul Agon, chairman of L'Oréal Group, told me during the seventh China International Import Expo in Shanghai last month. Furthermore, China's outbound direct investment …

Interview: China crucial to sustainable global supply chains, says industry insider
4 weeks, 2 days ago

Interview: China crucial to sustainable global supply chains, says industry insider

China Daily  

Interview: China crucial to sustainable global supply chains, says industry insider Xinhua Updated: Dec 12, 2024 A worker operates a shoemaking production line in Wuchuan, Guangdong province. GENEVA, Dec 11 -- Chinese manufacturers, accounting for over a quarter of global manufacturing output, can play a vital role in creating a sustainable global supply chain, an industry insider has said. Seeking …

Apple moves to work closely with Chinese partners
1 month ago

Apple moves to work closely with Chinese partners

China Daily  

China Daily | Updated: 2024-12-05 10:10 Apple CEO Tim Cook attends the opening of a new flagship Apple store in Shanghai in March. CHINA DAILY BEIJING — The second China International Supply Chain Expo, which concluded on Saturday, offered visitors a rare chance to peep into the complex supply chain of Apple Inc, which staged a joint show with four …

Chinese chip firms say they can withstand new US export curbs
1 month, 1 week ago

Chinese chip firms say they can withstand new US export curbs

Deccan Chronicle  

Beijing/Seoul: Chinese chip companies targeted by Washington with fresh export controls have vowed to speed up supply chain localisation and said they would be able to continue production thanks to recent efforts to build equipment stockpiles. While Chinese authorities called the move "economic coercion", the measures appeared to have little impact on chip-making stocks, which rose slightly on Tuesday as …

Building Apple products has become a side hustle for China’s biggest EV maker
1 month, 1 week ago

Building Apple products has become a side hustle for China’s biggest EV maker

Live Mint  

Apple products say on the box “assembled in China," leaving the mystery of who did the assembling. BYD, known globally as Tesla’s most formidable EV competitor, has a second business manufacturing electronics, and it has grown to assemble more than 30% of Apple’s tablets, according to industry executives and analysts. Cook said on Chinese social media that BYD was among …

Global firms mark up expectations of China
1 month, 1 week ago

Global firms mark up expectations of China

China Daily  

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

Global firms mark up expectations of China
1 month, 1 week ago

Global firms mark up expectations of China

China Daily  

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

Global firms mark up expectations of China
1 month, 1 week ago

Global firms mark up expectations of China

China Daily  

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

China to respond to Trump's 'tariff war' with 'supply chain war'
1 month, 1 week ago

China to respond to Trump's 'tariff war' with 'supply chain war'

Firstpost  

China is expected to use its dominant position in supply chains to respond forcefully with a ‘supply chain war’ to ’tariff war’ that US President-elect Donald Trump is expected to wage on China US President-elect Donald Trump waves next to Chinese President Xi Jinping after attending a business event at the Great Hall of the People in Beijing on November …

Xiamen enterprises showcase innovations at 2nd China Intl Supply Chain Expo
1 month, 1 week ago

Xiamen enterprises showcase innovations at 2nd China Intl Supply Chain Expo

China Daily  

The booth of ITG Holding Group and XINDECO. The second China International Supply Chain Expo opened in Beijing on Nov 27. Six Xiamen companies showcased their latest developments in comprehensive supply chain services and advanced manufacturing chains, highlighting Xiamen's core strength as a national hub for supply chain development. In the supply chain service exhibition area, Xiamen-based companies such as …

TSMC caught in crossfire of US-China tech war, struggling to maintain neutrality
1 month, 2 weeks ago

TSMC caught in crossfire of US-China tech war, struggling to maintain neutrality

Firstpost  

TSMC’s challenge isn’t just about staying in the US’s good graces. Any misstep could invite intervention from Chinese authorities, risking profits and potentially destabilising the global semiconductor supply chain With giants like Apple and Nvidia on its client list, TSMC has no choice but to comply fully with US investigations. Image Credit: Reuters The escalating tech battle between the US …

Top executives in Beijing for supply chain expo
1 month, 2 weeks ago

Top executives in Beijing for supply chain expo

China Daily  

The booth of Apple Inc at the China International Supply Chain Expo. WANG JING/CHINA DAILY Tim Cook, CEO of Apple Inc, reaffirmed the critical role of China's supply chains in supporting the US tech giant during his recent visit to China, aligning with other multinational companies in committing to the Chinese market and integrating more deeply into global industrial and …

Li calls for stable supply chains
Trending News
1 month, 2 weeks ago

Li calls for stable supply chains

China Daily  

Premier Li Qiang poses for a photo with the representatives of attendees of the second China International Supply Chain Expo before a symposium in Beijing on Monday. WANG ZHUANGFEI/CHINA DAILY Premier Li Qiang called on Monday for opposing all forms of decoupling and firmly upholding stable and unimpeded global industrial and supply chains. He said that over the past few …

Li: Stable industrial and supply chains key
1 month, 2 weeks ago

Li: Stable industrial and supply chains key

China Daily  

Enterprises encouraged to bolster support for economic globalization Premier Li Qiang called on Monday for opposing all forms of decoupling and firmly upholding stable and unimpeded global industrial and supply chains. The premier warned that amid the sluggish global economic recovery, protectionist moves and overstretching of security are harming global industrial and supply chains, further driving up enterprise costs, reducing …

Supply chain expo fuels inclusive global growth: China Daily editorial
1 month, 2 weeks ago

Supply chain expo fuels inclusive global growth: China Daily editorial

China Daily  

Photo taken on Nov 26, 2024 shows the exterior of the Second China International Supply Chain Expo which opened in Beijing on Tuesday. The Second China International Supply Chain Expo opened in Beijing on Tuesday. This suggests that an increasing number of enterprises, whether foreign or domestic ones, have come to realize the important role the expo can play in …

What to expect from upcoming supply chain expo in Beijing
1 month, 2 weeks ago

What to expect from upcoming supply chain expo in Beijing

China Daily  

This photo taken on Nov 26, 2023 shows the venue of the China International Supply Chain Expo in Beijing. As the world's first national-level exhibition focusing on supply chains, the expo will gather industry leaders and experts from around the world and help promote global cooperation in industrial and supply chains. The 2024 expo will introduce a new exhibition area …

China hits record 150 billion parcel deliveries in 2024
1 month, 3 weeks ago

China hits record 150 billion parcel deliveries in 2024

China Daily  

A worker scans the 150 billionth parcel in Chongqing on Monday. Luo Wangshu / China Daily China's parcel delivery sector reached a record 150 billion shipments so far this year, a milestone underscoring the country's economic resilience and the efficiency of its logistics and e-commerce networks, the State Post Bureau said Monday. The symbolic 150 billionth parcel — a box …

China pivotal to MNCs' global biz strategy
Trending News
1 month, 3 weeks ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. TANG KE/FOR CHINA DAILY Three or four decades ago, multinational corporations used to take a simple approach while conducting their businesses in China. A large number of global companies have leaned heavily on the …

China pivotal to MNCs' global biz strategy
Trending News
1 month, 3 weeks ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. TANG KE/FOR CHINA DAILY Three or four decades ago, multinational corporations used to take a simple approach while conducting their businesses in China. A large number of global companies have leaned heavily on the …

Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?
2 months, 2 weeks ago

Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?

Wired  

“Our objective is to move as fast as we can, obviously, because our objective is always to get features out there for everyone. We have to understand the regulatory requirements before we can commit to doing that and commit a schedule to doing that.” In this context, Apple’s decision to open up its biggest research center outside of the US …

US protectionism disrupting global supply chains
3 months, 1 week ago

US protectionism disrupting global supply chains

China Daily  

By Su Qingyi | China Daily | Updated: 2024-09-30 09:22 From the 1990s to 2008, global industrial supply chains experienced a golden era. The US' adoption of national competition logic means that it inevitably interferes with the operation of global supply chains. All countries should strengthen dialogue and cooperation, resolve differences through communication, and create a positive political environment for …

Country's foreign trade shows strong resilience
4 months ago

Country's foreign trade shows strong resilience

China Daily  

Container vessels unload cargo at a terminal in Qingdao, Shandong province, in August. China's foreign trade has continued to demonstrate strong resilience, and the nation's enhanced export channels with emerging economies, coupled with ongoing support from its opening-up policies, will drive its economic growth throughout the year despite external challenges, government officials and experts said. According to the General Administration …

'De-risking' efforts and exercise in futility: China Daily editorial
4 months, 1 week ago

'De-risking' efforts and exercise in futility: China Daily editorial

China Daily  

Chinese and US flags flutter outside the building of an American company in Beijing. By leveraging closer economic ties with India and encouraging greater collaboration between the two sides in areas such as information technology, space exploration and renewable energy, the Biden administration hopes to hold back China's development by reducing its leadership advantages and, by positioning India as an …

Three Chinese firms listed among global top 20 auto suppliers
4 months, 2 weeks ago

Three Chinese firms listed among global top 20 auto suppliers

China Daily  

Three Chinese enterprises are among the top 20 global automotive suppliers, according to the 2024 Global Automotive Supply Chain White Paper released on Thursday. The White Paper, jointly released by China Automotive News and global consultancy firm Roland Berger, announced the names of the Top 100 Global Automotive Supply Chain Companies and the Top 100 Chinese Automotive Supply Chain Companies …

Three Chinese firms listed among global top 20 auto suppliers
4 months, 2 weeks ago

Three Chinese firms listed among global top 20 auto suppliers

China Daily  

Three Chinese enterprises are among the top 20 global automotive suppliers, according to the 2024 Global Automotive Supply Chain White Paper released on Thursday. The White Paper, jointly released by China Automotive News and global consultancy firm Roland Berger, announced the names of the Top 100 Global Automotive Supply Chain Companies and the Top 100 Chinese Automotive Supply Chain Companies …

Expert: China's economic growth boon to global economy
4 months, 2 weeks ago

Expert: China's economic growth boon to global economy

China Daily  

The skyline of Beijing. RIO DE JANEIRO — Thanks to effective incentive policies by the Chinese government, the country's economic growth is projected to exceed market expectations this year and be a driver for the global economy, a Brazilian economist said. China is a major driver of global economic growth that "has boosted international investor confidence and reduced international financial …

Expert: China's economic growth boon to global economy
4 months, 2 weeks ago

Expert: China's economic growth boon to global economy

China Daily  

The skyline of Beijing. Thanks to effective incentive policies by the Chinese government, the country's economic growth is projected to exceed market expectations this year and be a driver for the global economy, a Brazilian economist said. China is a major driver of global economic growth that "has boosted international investor confidence and reduced international financial market volatility," Ronnie Lins, …

Execs, experts endorse nation's pursuit of cutting-edge growth
7 months, 3 weeks ago

Execs, experts endorse nation's pursuit of cutting-edge growth

China Daily  

Business titans' backing Tim Cook, CEO of Apple, said in an interview with China Daily that China's sharpened focus on cultivating new quality productive forces "is essential", adding "it is the future". Highlighting that "Apple and China grew together over the past three decades, a symbiotic kind of relationship both enjoyed," Cook said Apple's Chinese suppliers now have the most …

Tensions between Beijing and Washington are the biggest worry for US companies in China, report says
8 months, 2 weeks ago

Tensions between Beijing and Washington are the biggest worry for US companies in China, report says

Associated Press  

Simmering tensions between Beijing and Washington remain the top worry for American companies operating in China, according to a report by the American Chamber of Commerce in China released Tuesday. American businesses are frustrated by slow progress on promises by China to level the playing field between foreign and Chinese companies, the report said. Among its many recommendations the report …

China seen as indispensable to global supply chain
8 months, 2 weeks ago

China seen as indispensable to global supply chain

China Daily  

The assembly line of the Airbus A320 family of aircraft in Tianjin. George Xu, CEO of Airbus China, said in an exclusive interview last month: "In the past, we had to ship all the big parts from Europe, which took 60 days., we worked with a Chinese partner, the Aviation Industry Corp of China, to produce the parts locally and …

Apple CEO Tim Cook reveals plans to invest more in Vietnam as part of its China Plus One Policy
8 months, 3 weeks ago

Apple CEO Tim Cook reveals plans to invest more in Vietnam as part of its China Plus One Policy

Firstpost  

Apart from India, Apple is also investing heavily into Vietnam as it continues to move away from China under its China Plus One Policy. During his recent visit to Vietnam, Apple CEO Tim Cook announced that the company will invest more in its supply chain in Vietnam As Apple continues to move away from China as part of its China …

China, US need to keep faith with win-win cooperation
9 months, 1 week ago

China, US need to keep faith with win-win cooperation

China Daily  

Chinese and US flags flutter outside the building of an American company in Beijing. The American company's commitment to China's market offers a glimpse into the very nature of China-US trade relations: win-win cooperation. Faced with the recent years' new and evolving situation in China-US business ties, the two sides should stay committed to mutual respect, mutual benefit and equal-footed …

CCPIT anticipates further international cooperation in second Expo
9 months, 1 week ago

CCPIT anticipates further international cooperation in second Expo

China Daily  

This photo taken on Nov 26, 2023 shows the venue of the China International Supply Chain Expo in Beijing, capital of China. Some 200 domestic and foreign companies have confirmed their intention to attend the second China International Supply Chain Expo to be held from Nov 26 to 30 in Beijing, and more than 20 percent of participants are foreign …

Symbiotic ties between China, foreign companies growing
9 months, 2 weeks ago

Symbiotic ties between China, foreign companies growing

China Daily  

Premier Li Qiang shakes hands on Sunday with Apple CEO Tim Cook after the opening ceremony of the China Development Forum 2024 in Beijing. FENG YONGBIN / CHINA DAILY The China Development Forum, held on Sunday and Monday in Beijing, was attended by the CEOs of more than 80 foreign companies from a large variety of industries, such as financial …

China has a ‘critical’ role in Apple’s business, says CEO Tim Cook, pledges more investment
9 months, 2 weeks ago

China has a ‘critical’ role in Apple’s business, says CEO Tim Cook, pledges more investment

Firstpost  

Apple CEO Tim Cook said in a statement that China plays a critical and vital role in their global business. Image Credit: Reuters Tim Cook, Apple’s CEO, emphasized the significance of China to the company’s operations during his recent visit to the country, where there are indications of waning interest among consumers in iPhones and American technology. Cook has been …

Apple CEO: China's supply chain is most critical to firm
9 months, 3 weeks ago

Apple CEO: China's supply chain is most critical to firm

China Daily  

Apple CEO Tim Cook and Wang Chuanfu, CEO of BYD, at Apple's Shanghai office on March 20, 2024. Cooperation: Nation's advantage in manufacturing highlighted There's no supply chain in the world more critical to Apple than that of China, Apple CEO Tim Cook said in an interview with China Daily in Shanghai on Wednesday, as the senior executive highlighted the …

China's new development, world's new opportunities
9 months, 4 weeks ago

China's new development, world's new opportunities

China Daily  

Cargo is loaded onto an SF Airlines aircraft at Chengdu Shuangliu International Airport in Sichuan province. DING PING/FOR CHINA DAILY China injects more certainty into global industrial and supply chains China is not only the beneficiary and defender of the integrated development of global supply chains, but also the explorer and builder of a new ecology of global supply chains, …

Experts: China still dominates manufacturing
10 months, 3 weeks ago

Experts: China still dominates manufacturing

China Daily  

By LIA ZHU in San Francisco | chinadaily.com.cn | Updated: 2024-02-21 11:15 Workers assemble doors for new energy vehicles at the Dayun New Energy Vehicle Production Base in Yuncheng, Shanxi province, on Jan 25, 2024. "By working diligently to be a part of global near-shoring efforts, China continues to solidify its position as the dominant player in manufacturing and global …

Experts: China still dominates manufacturing
10 months, 3 weeks ago

Experts: China still dominates manufacturing

China Daily  

Workers assemble doors for new energy vehicles at the Dayun New Energy Vehicle Production Base in Yuncheng, Shanxi province, on Jan 25, 2024. "By working diligently to be a part of global near-shoring efforts, China continues to solidify its position as the dominant player in manufacturing and global supply chain," said Kfuri, founder of the Atlas Network LLC, an American …

Can the US reverse China's dominance of manufacturing?
11 months, 1 week ago

Can the US reverse China's dominance of manufacturing?

China Daily  

A worker assembles vehicles in a factory in Weifang, Shandong province, Jan 28, 2023. In an op-ed piece published on the Diplomat's website on Jan 18, Xiaofeng Wang, a foreign affairs reporter currently located in Washington, D.C, highlighted China's pivotal role as the primary supplier of intermediate goods, asserting that this gives China a significant advantage and makes it more …

Shock resistance
1 year ago

Shock resistance

China Daily  

China's role in reducing uncertainties and maintaining the stability of global supply chains and cooperation is commendable MA XUEJING/CHINA DAILY International supply chains are a division of labor model in which multiple countries contribute to the production of one product. However, the global supply chains are now facing several challenges including limited potential for development, rising trade protectionism and anti-globalization, …

Fast-food chains are the exception as U.S. companies pull back from China
1 year ago

Fast-food chains are the exception as U.S. companies pull back from China

LA Times  

Shoppers walk by a Starbucks cafe at an outdoor shopping mall in Beijing on Saturday. “As you try to interpret the signals from McDonald’s and Starbucks” and other chains, says Phil Levy, chief economist at the supply chain management firm Flexport, “note what the industries are: These are not high-tech burgers.’’ And while some U.S. companies are increasing investments in …

Diplomatic events reap broad benefits
1 year ago

Diplomatic events reap broad benefits

China Daily  

China's boom in exchanges helps to promote global recovery, peace For Pakistani journalist Saud Faisal Malik, China's remarkable surge in international exchanges, including a rich variety of diplomatic events, has offered him key opportunities to observe from close up Beijing's foreign policy priorities and domestic agenda. During his five-month stay in China this year, Malik traveled to 12 cities for …

New center to extend reach of Chinese firms
1 year ago

New center to extend reach of Chinese firms

China Daily  

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, Jan 5, 2023. "By integrating resources from Amazon, industry organizations, experts and scholars and third-party service providers, the center is expected to accelerate innovation among sellers for new product introductions, brand building, digital operations, green development and new business models, helping to tangibly improve innovation …

US companies are finding it hard to avoid China
1 year ago

US companies are finding it hard to avoid China

Live Mint  

HONG KONG—American companies, under heavy pressure to reduce their exposure to China, are increasingly turning to factories in places such as Vietnam, Indonesia and Mexico. Direct U.S. investment into China hit a 20-year low of $8.2 billion last year, according to Rhodium Group, a New York-based research firm. Research by DBS shows that China has significantly increased the amount of …

每日一词∣中国国际供应链促进博览会 China International Supply Chain Expo
1 year, 1 month ago

每日一词∣中国国际供应链促进博览会 China International Supply Chain Expo

China Daily  

首届中国国际供应链促进博览会将于今年11月28日至12月2日在北京举行，主题为“链接世界，共创未来”。展览总面积预计将超过10万平方米，设置智能汽车链、绿色农业链、清洁能源链、数字科技链、健康生活链等供应链服务展区。 The first China International Supply Chain Expo is set to be held in Beijing from Nov. 28 to Dec. 2, with the theme of "Connecting the World for a Shared Future". With an exhibition area of over 100,000 square meters, the expo will have areas dedicated to supply chains for the smart vehicle, green agriculture, clean energy, digital technology …

Country has cemented its place in global supply chains
1 year, 1 month ago

Country has cemented its place in global supply chains

China Daily  

Containers are loaded onto a cargo vessel in Qinzhou Port, Guangxi Zhuang autonomous region, a transit point on the New International Land-Sea Trade Corridor. In the first 10 months of this year, the total import and export value of China's trade in goods hit 34.32 trillion yuan, an increase of 0.03 percent year-on-year. Last year, the total value of China's …

Sino-US tech ties seen as recovery key
1 year, 1 month ago

Sino-US tech ties seen as recovery key

China Daily  

A man experiences TCL's augmented reality glasses at the Consumer Electronics Show in Las Vegas, the US, Jan 6, 2023. Underscoring that "decoupling" driven by geopolitical tensions poses a big risk to global economic stability, they said that China holds great appeal for US tech companies, because the country boasts a complete supply chain support system, a strong logistics system, …

Execs sanguine on China's manufacturing future
1 year, 2 months ago

Execs sanguine on China's manufacturing future

China Daily  

From left to right: George Xu, executive vice-president of Airbus, CEO of Airbus China; Agustin Pedroni, president and CEO of Bridgestone Investment Co Ltd; Xu Yang, president of Danfoss China; Sally Loh, president of Otis China; Akihiro Fukaishi, chairman and president of Epson China. Editor's Note: With strong policy support, unremitting technological innovation and industrial upgrading, China's economic recovery continued …

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