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November 5, 2021

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Smooth supply chains promised

CHINA will make all efforts to restore and ensure the smooth flow of global industrial and supply chains in the midst of the COVID-19 pandemic, Chinese President Xi Jinping said in a congratulatory letter to the 2021 North Bund Forum on international shipping yesterday.

Xi said China is willing to work with other countries to overcome the difficulties, adapt to the new development trend of green, low-carbon and intelligent shipping, and deepen international cooperation on shipping.

China will promote the healthy development of the shipping sector and contribute to building a community with a shared future for humanity, said Xi. He hailed the positive role of the industry in coping with the pandemic, promoting trade recovery and maintaining the stability of industrial and supply chains globally.

The forum, themed “Openness and inclusiveness, innovation and reform, and win-win cooperation: embracing future development and restructuring of international shipping,” is co-hosted by the Shanghai government and the Ministry of Transport. It ends today.

Shanghai Party secretary Li Qiang said Shanghai is working at a fast pace to become an international shipping center. He said the forum can become a key exchange platform on global shipping issues, policies and an incubator for new rules.

Also, leading shipping and civil aviation companies and organizations launched the “Shanghai Initiative: Smoothing the international supply chain.” The initiative urged the shipping community to cooperate in achieving intelligent, green and sustainable development, cope with pandemic and contribute to economic recovery. “Let us join hands and contribute to the building of a safe, smooth and green global supply chain,” said Wan Min, chairman of the China COSCO Shipping Group.

Kitack Lim, secretary general of the International Maritime Organization, said shipping remains at the core of the global supply chain to support international trade and ensure global economic development.

“Indeed, shipping will also be at the heart of the global post-COVID recovery,” Lim said.




 

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