Chain Expo: Global Supply Chain Platform

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The Third China International Supply Chain Promotion Expo recently held a showcase in Geneva, marking a significant event for Sino-Swiss economic relations which has evolved substantially over recent yearsThis opportunity drew considerable attention from Swiss business representatives who acknowledged the expo's pivotal role in stabilizing global supply chains and propelling international trade growthThere is a palpable excitement surrounding the upcoming third edition of this expo, as it promises to further strengthen these collaborations.

During the event, the Chargé d’Affaires of the Chinese Embassy in Switzerland, Mao Jun, highlighted the robust and healthy growth of the Chinese economy and its potential to catalyze global economic developmentHe emphasized that China's doors remain wide open for business, not closing but rather expanding, and underscored that the business environment will only continue to improveHe extended an enthusiastic invitation for more Swiss enterprises to invest in China while encouraging participation in notable trade expos like the China International Import Expo and the Canton Fair, which present lucrative opportunities to tap into the Chinese market.

Furthermore, Shen Jian, the Deputy Representative of China’s Permanent Mission to the United Nations in Geneva and other Swiss international organizations, pointed out the significant role of the Sino-Swiss Economic Association in acting as a bridge for Chinese enterprises to enter the Swiss marketThis relationship fosters meaningful collaborations between Chinese firms and local Swiss partnersThe economic association not only plays a crucial role in connecting businesses, but it also encourages foreign investors to leverage various important platforms such as the supply chain expo and the service trade fair to gain a stronger foothold in the Chinese market.

Thomas Born, the Director of the Economic Development Agency of the Western Region of Switzerland, noted that 2023 marks the 75th anniversary of diplomatic relations between China and Switzerland

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Throughout the last decade, interactions across innovation, finance, culture, and education sectors have deepenedThe launch of negotiations to upgrade the Sino-Swiss Free Trade Agreement signifies an elevated step in their economic collaborationBorn emphasized the intention of both nations to explore new cooperation opportunities and to further cultivate partnerships in critical fields.

Pascal Rocha da Silva, a representative for economic affairs in Geneva, made it clear that the trade relationship between Switzerland and China holds significant weight on the global trade landscapeSince 2010, China has been a cornerstone in the Swiss trade map, consistently maintaining its status as Switzerland’s largest trading partner in AsiaThis achievement has not been coincidental but is the result of years of deepening collaboration and mutually beneficial initiatives between both nations in trade.

China's enormous market size and continuously evolving consumer demand present vast development opportunities for Swiss high-quality products and advanced technologyPrecision machinery and luxury items like Swiss watches are highly sought after in the Chinese marketIn return, China provides rich resources and robust production capabilities that ensure a steady supply of raw materials and broad collaboration prospects for Swiss companiesChina's significant role in the global trading system as the world's third-largest trade partner, following the EU and the United States, illustrates the strong resilience, vitality, and influence of its economy in global trade.

Geneva, as one of Switzerland's key cities, has long prioritized economic development and business cooperation

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The city government has committed itself to creating a favorable environment for business growth by implementing a range of favorable policies, enhancing infrastructure, and providing quality public servicesThis dedication has attracted numerous domestic and international firms to establish and develop their operations in GenevaThe city hosts various international trade events, serving as a platform for promoting economic exchanges and fostering deeper integration between local enterprises and international markets.

Looking ahead, Geneva aims to strengthen the connections between economic sectors and the business communityBy establishing more robust cooperative mechanisms, the city aims to promote information sharing, resource integration, and collaborative innovation to enhance its economic competitiveness and global influence furtherGeneva will actively deepen its economic collaboration with China, leveraging both nations' advantages while seeking practical cooperation in more areas to achieve mutual benefitsIt is believed that with combined efforts, the trade relations between China and Switzerland will reach new heights, contributing significantly to the economic development and well-being of both countries' people.

The President of the Sino-Swiss Economic Association's French-speaking division, Guo Jingjin, noted that since 1950, Switzerland and China have built a partnership based on mutual respect, trust, and shared visionsSwitzerland was the first European country to sign a free trade agreement with China, leading to strengthened bilateral trade, lower tariff barriers, and new opportunities for businesses in both nationsThe Economic Association is eager to continue acting as a bridge for economic cooperation between the two countries and is committed to enhancing collaboration with the China Council for the Promotion of International Trade to actively promote member participation in the supply chain expo.

Notably, the showcase and the celebration of the Chinese New Year organized by the Sino-Swiss Economic Association's French-speaking division happened simultaneously

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