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Five Major Development Trends Expected in China’s Supply Chain in 2024

Currently, the global industrial and supply chains are undergoing profound restructuring. What are the latest development trends in China’s supply chain in 2024 worth paying attention to? What opportunities and challenges will they bring to us? The five development trends discussed in this article were contributed and selected by the Procurement and Supply Chain Expert Committee of the China Federation of Logistics & Purchasing, and were finally determined after discussion by the editorial committee of the “China Supply Chain Development ...

Radiotherapy Giant Elekta Expands China Supply Chain Production

“This year, we will increase our production capacity in China by another 30%, and Elekta China will become the company’s largest production and R&D base globally. In the future, most of the equipment sold by Elekta to various countries will be produced in China,” revealed Liu Jianbin, Senior Vice President and Market Director of Elekta China, as Elekta continues to increase its investment in China. he World Health Organization and the International Union Against Cancer report that over 70% of ...

China’s Irreplaceable Position in the Global Supply Chain

The first China International Supply Chain Promotion Expo was held in Beijing from November 28th to December 2nd. As the world’s first national exhibition themed on supply chains, the Expo brought together over 500 domestic and foreign enterprises and institutions, integrating five major industry chains and supply chain services exhibition areas, including clean energy and digital technology. Many international participants stated that the global supply chain is currently facing restructuring, and China continues to play an important role in building ...

Artificial intelligence (AI) in China’s Supply Chains

From the bustling factories of Shenzhen to the tech hubs of Beijing, AI systems are not only enhancing production but also providing unprecedented insights into consumption patterns, optimizing logistics, and ensuring quality control at scales previously deemed impossible. As we delve deeper into this narrative, we will witness the stories of companies and individuals who are at the helm of this transformation, turning the age-old processes on their head and setting new global standards. However, like any transformative force, AI ...

China Supply Chain Trends of 2023

In the dynamic landscape of global trade and commerce, the role of China’s supply chain has been undeniably prominent. As we explore the “China Supply Chain Trends of 2023,” we dive deep into the intricacies that have defined, transformed, and strengthened China’s position as a global supply chain titan. From the sprawling mega-factories of Guangdong to the bustling trade routes along the Silk Road, China’s influence is both vast and profound. This book offers a comprehensive exploration into the forces ...

Sourcing in China

All corporations worldwide, no matter if a large MNC or a small to medium size enterprise, strive for the lowest cost producer, fastest delivery time and best design technology. China, where manufacturing still accounts for 60 % of it’s GDP growth, has all the right ingredients for being amongst the lowest cost producers. Low cost labour, preferential tax rates for exporters and favourable economic policies still outweigh the additional transportation and logistic cost for many international companies. For retailers, sourcing ...

China Supply Chain Recruitment Shifting from Expats to Local Hires

The Chinese supply chain industry is a bustling market, comprising of multiple roles ranging from supply chain analysts to logistics coordinators, warehouse managers to procurement specialists. As China transitions from being merely a global manufacturing hub to becoming a hub for innovation, the demand for highly skilled supply chain professionals is rapidly growing. Key Supply Chain Roles in China Supply Chain Analysts: This role involves analyzing logistical data and identifying areas of improvement. Responsibilities often include optimizing inventory levels, identifying ...

China Supply Chain Challenges for Foreign Companies in 2023

In 2023, the global business landscape faced a new phase of disruption: China’s supply chain complications. The challenges have magnified since the onset of the COVID-19 pandemic, compounded by subsequent geopolitical tension, and economic shifts within China itself. This article delves into the intricacies of the issues foreign companies face when navigating China’s supply chain in 2023. The Sinew of Global Commerce China has long been the world’s factory. A potent mix of abundant workforce, technological adaptation, and infrastructural prowess ...