China-Supply Chain Expo/Int'l Companies

'Decoupling' rejected by cross-border companies at China supply chain expo

  • English

Shotlist


Beijing, China - Nov 26-27, 2024 (CCTV - No access Chinese mainland)
1. Sign of second China International Supply Chain Expo (CISCE); slogan of CISCE, reading "Connecting the World for a Shared Future"
2. Visitors, booths
3. Various of exhibitors discussing
4. Exhibit
5. SOUNDBITE (English) John Denton, Secretary General, International Chamber of Commerce (partially overlaid with shot 6):
"Without a strong multilateral system underpinning that, we can end up in fragmentation. That will cause some complications in the way which globalization will continue. But the wholesale rewiring of the world, which decoupling implies is even seen by those who were proposing originally as too hard and too difficult to actually pull off."
++SHOT OVERLAYING SOUNDBITE++
6.  Various of exhibitors introducing product for visitors
++SHOT OVERLAYING SOUNDBITE++
7.  Various of exhibitors, visitors, exhibit
8. SOUNDBITE (English) Rahamtalla M. Osman, permanent representative, African Union (AU) to China (starting with shot 7):
"Decoupling is definitely detrimental to globalization. But we are fighting. It proves that everybody needs each other. So, you cannot confine to your own resources, depend on your own businesses."
9. Various of booths
10. Introduction, marketing event in progress
11. SOUNDBITE (Chinese) Zhang Yihao, President and CEO, GE Healthcare China (partially overlaid with shot 12/ending with shot 13):
"Since we attended the first CISCE, we've invested 380 million yuan (about 52.4 million U.S. dollars) in Shanghai and 500 million yuan (about 69 million U.S. dollars) in Tianjin. Our factories in China are fully integrated into global supply chains and production systems."
++SHOT OVERLAYING SOUNDBITE++
12. Exhibition booth
++SHOT OVERLAYING SOUNDBITE++
13. Various of booths, exhibits, visitors

Storyline


International companies at the ongoing China International Supply Chain Expo (CISCE) warned that efforts to break supply chains between major world markets, termed "decoupling," could have devastating effects on global trade and the course of globalization.

The second CISCE opened in Beijing on Tuesday, bringing together 620 companies and institutions from around the world to showcase their products, technologies and solutions.

At the expo, many cross-border enterprises were seen recruiting partners, demonstrating their belief in building up global supply chains. They emphasized that decoupling and breaking ties with China are simply unfeasible, and they are unwilling to pursue such paths.

"Without a strong multilateral system underpinning that, we can end up in fragmentation. That will cause some complications in the way which globalization will continue. But the wholesale rewiring of the world, which decoupling implies is even seen by those who were proposing originally as too hard and too difficult to actually pull off," said John Denton, Secretary General of the International Chamber of Commerce.

"Decoupling is definitely detrimental to globalization. But we are fighting. It proves that everybody needs each other. So, you cannot confine to your own resources, depend on your own businesses," said Rahamtalla M. Osman, permanent representative of the African Union (AU) to China.

Many global firms at the expo are moving toward further investment in China, in stark contrast to calls to back away. U.S. company GE Healthcare, which collaborates with ten major suppliers, noted that its network in China is expanding, with over 1,000 suppliers in the circle.

"Since we attended the first CISCE, we've invested 380 million yuan (about 52.4 million U.S. dollars) in Shanghai and 500 million yuan (about 69 million U.S. dollars) in Tianjin. Our factories in China are fully integrated into global supply chains and production systems," said Zhang Yihao, President and CEO of GE Healthcare China.

DOWNLOAD
  • ID : 8405695
  • Dateline : Nov 26-27, 2024
  • Location : China
  • Category : economy, business and finance
  • Duration : 1'32
  • Audio Language : Chinese/English/Nats/Part Mute
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Published : 2024-11-29 14:45
  • Last Modified : 2024-11-29 17:02:15
  • Version : 3

China-Supply Chain Expo/Int'l Companies

'Decoupling' rejected by cross-border companies at China supply chain expo

Dateline : Nov 26-27, 2024

Location : China

Duration : 1'32

  • English


Beijing, China - Nov 26-27, 2024 (CCTV - No access Chinese mainland)
1. Sign of second China International Supply Chain Expo (CISCE); slogan of CISCE, reading "Connecting the World for a Shared Future"
2. Visitors, booths
3. Various of exhibitors discussing
4. Exhibit
5. SOUNDBITE (English) John Denton, Secretary General, International Chamber of Commerce (partially overlaid with shot 6):
"Without a strong multilateral system underpinning that, we can end up in fragmentation. That will cause some complications in the way which globalization will continue. But the wholesale rewiring of the world, which decoupling implies is even seen by those who were proposing originally as too hard and too difficult to actually pull off."
++SHOT OVERLAYING SOUNDBITE++
6.  Various of exhibitors introducing product for visitors
++SHOT OVERLAYING SOUNDBITE++
7.  Various of exhibitors, visitors, exhibit
8. SOUNDBITE (English) Rahamtalla M. Osman, permanent representative, African Union (AU) to China (starting with shot 7):
"Decoupling is definitely detrimental to globalization. But we are fighting. It proves that everybody needs each other. So, you cannot confine to your own resources, depend on your own businesses."
9. Various of booths
10. Introduction, marketing event in progress
11. SOUNDBITE (Chinese) Zhang Yihao, President and CEO, GE Healthcare China (partially overlaid with shot 12/ending with shot 13):
"Since we attended the first CISCE, we've invested 380 million yuan (about 52.4 million U.S. dollars) in Shanghai and 500 million yuan (about 69 million U.S. dollars) in Tianjin. Our factories in China are fully integrated into global supply chains and production systems."
++SHOT OVERLAYING SOUNDBITE++
12. Exhibition booth
++SHOT OVERLAYING SOUNDBITE++
13. Various of booths, exhibits, visitors


International companies at the ongoing China International Supply Chain Expo (CISCE) warned that efforts to break supply chains between major world markets, termed "decoupling," could have devastating effects on global trade and the course of globalization.

The second CISCE opened in Beijing on Tuesday, bringing together 620 companies and institutions from around the world to showcase their products, technologies and solutions.

At the expo, many cross-border enterprises were seen recruiting partners, demonstrating their belief in building up global supply chains. They emphasized that decoupling and breaking ties with China are simply unfeasible, and they are unwilling to pursue such paths.

"Without a strong multilateral system underpinning that, we can end up in fragmentation. That will cause some complications in the way which globalization will continue. But the wholesale rewiring of the world, which decoupling implies is even seen by those who were proposing originally as too hard and too difficult to actually pull off," said John Denton, Secretary General of the International Chamber of Commerce.

"Decoupling is definitely detrimental to globalization. But we are fighting. It proves that everybody needs each other. So, you cannot confine to your own resources, depend on your own businesses," said Rahamtalla M. Osman, permanent representative of the African Union (AU) to China.

Many global firms at the expo are moving toward further investment in China, in stark contrast to calls to back away. U.S. company GE Healthcare, which collaborates with ten major suppliers, noted that its network in China is expanding, with over 1,000 suppliers in the circle.

"Since we attended the first CISCE, we've invested 380 million yuan (about 52.4 million U.S. dollars) in Shanghai and 500 million yuan (about 69 million U.S. dollars) in Tianjin. Our factories in China are fully integrated into global supply chains and production systems," said Zhang Yihao, President and CEO of GE Healthcare China.

ID : 8405695

Published : 2024-11-29 14:45

Last Modified : 2024-11-29 17:02:15

Source : China Central Television (CCTV)

Restrictions : No access Chinese mainland

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