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Zhenghe Undertakes | "2021 China (Jinan) International Business Association Industry Dialogue with ASEAN" event held in Jinan, ushering in new opportunities for Jinan-ASEAN economic and trade cooperation

"At this important juncture, holding this regional international business association dialogue event is truly well-considered and far-reaching in its intent, and it will play a significant role in promoting cultural exchanges, economic, and trade cooperation between Jinan and ASEAN!" On October 28, the "2021 China (Jinan) International Business Association Industry Dialogue with ASEAN" event, jointly hosted by the Jinan Municipal Council for the Promotion of International Trade, Jinan Municipal Bureau of Culture and Tourism, and the China-ASEAN Business Council Jinan Liaison Office, was successfully held in Jinan. Yang Donglun, Vice Chairman of the China-Laos (China, Laos) Business Cooperation Committee, sincerely expressed this during an interview.

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10-29

Zhenghe Undertakes | "2021 China (Jinan) International Business Association Industry Dialogue with ASEAN" event held in Jinan, ushering in new opportunities for Jinan-ASEAN economic and trade cooperation

2021 Shandong Province Supply Chain Management Annual Conference Held in Tai'an

The 2021 Shandong Supply Chain Management Annual Conference was grandly held in Taian City, Shandong Province on October 24th. The conference was supported by the Shandong Provincial Department of Commerce and the China Federation of Logistics and Purchasing, hosted by the Shandong Supply Chain Management Association, and co-organized by the Shandong Modern Supply Chain Research Institute and the Taian Cold Chain Logistics and Supply Chain Association. Vice President Wang Qing of the Development Research Center of the State Council, Assistant President Hu Dajian of the China Federation of Logistics and Purchasing, Director Peng Xinliang of the Procurement and Supply Chain Professional Committee of the China Federation of Logistics and Purchasing, Vice President Dong Xiaotang of the China Vegetable Circulation Association, Vice Director Wang Hongping of the Shandong Provincial Department of Commerce, and representatives from enterprises and experts from 16 cities and prefectures in the province attended the conference. The annual conference, themed "New Era, New Thinking, New Heights: Opening a New Chapter in the Development of Logistics and Supply Chain", actively implemented the work deployment requirements of the State Council and the Provincial Government on accelerating the construction of the supply chain system and promoting supply chain innovation and application. It aimed to accelerate the construction of a new development pattern with domestic circulation as the main body and mutual promotion of domestic and international dual circulation, promote the coordinated, standardized, digital, green, and global development of the supply chain, and focus on building a modern circulation system with organic connection between production, supply, and sales and effective interconnection between domestic and foreign trade. This will provide strong support and continuous impetus for expanding production and consumption demand, driving economic growth, transforming the development mode, and promoting high-quality economic development in Shandong Province under the new normal of economic development. At the annual conference, Vice Director Wang Hongping of the Shandong Provincial Department of Commerce stated that since 2017, the Provincial Department of Commerce has undertaken several national pilot projects, including the construction of the supply chain system, supply chain innovation and application, the construction of a modern supply chain system in the circulation field, and the construction of agricultural product supply chains. Through these pilot projects, the utilization rate of enterprise standard pallets has reached over 92%, loading and unloading efficiency has increased by more than two times, the loss rate has decreased by more than one-third, and the comprehensive logistics cost has decreased by about 20%, resulting in significant improvements in quality, cost reduction, and efficiency. The pilot projects have produced some good experiences and practices in mechanism innovation, policy innovation, and model innovation. Wang Hongping believes that in the past year, the Provincial Supply Chain Management Association has focused on industry development, conducted in-depth enterprise surveys, actively offered suggestions and advice on bottlenecks, pain points, and difficulties encountered in industry development, and fully played the role of a bridge and link between the government and enterprises, making due contributions to Shandong Province's efforts to stabilize, protect, and strengthen the chain, and to build a new development pattern of "dual circulation". Assistant President Hu Dajian of the China Federation of Logistics and Purchasing, on behalf of the China Federation of Logistics and Purchasing, extended congratulations on the holding of the annual conference. He stated that this era is an unprecedented era of transformation, requiring innovation in thought, theory, management, and business. He hopes that the Shandong Supply Chain Management Annual Conference can become an important platform for innovation in the theory and practice of supply chain management in China. The China Federation of Logistics and Purchasing will implement the agreement signed with the Shandong Supply Chain Management Association on August 28 last year to establish a work contact mechanism, continue to pay attention to and support the work of the Shandong Supply Chain Management Association, and jointly promote the innovative development of industrial chains and supply chains in Shandong Province. President Sun Qian of the Shandong Supply Chain Management Association stated in her address that since its establishment, the association, with the strong support of party committees and government departments at all levels, has united and organized members to actively participate in pilot demonstrations of supply chain innovation and application and the construction of supply chain systems in the circulation field. It has focused on building a highly efficient county-rural distribution system, strengthening the agricultural product supply chain system, and building a smart and shared supply chain ecosystem, achieving a number of distinctive supply chain development models and excellent results. This has played a positive role in actively responding to the severe challenges brought to Shandong's economic and social development by the COVID-19 epidemic and the complex domestic and international situation. Next, the association will focus on supply chain innovation and development, using industrial integration as a link, focusing on building deep integration and innovation of the modern logistics and circulation industries, and using the promotion of innovative and standardized development of supply chain finance as a breakthrough. It will strengthen the association's service functions, improve service levels, strengthen standardized management, and work hard to effectively play the role of the association and open up a new situation in its work. The conference also invited Vice President Wang Qing of the Market Economy Research Institute of the Development Research Center of the State Council to share on "Innovation of Agricultural Product Supply Chain under Consumption Transformation", Director Peng Xinliang of the Procurement and Supply Chain Professional Committee of the China Federation of Logistics and Purchasing to share on "The Development Background of Modern Supply Chain and the Development Trend of Global Supply Chain in the Post-epidemic Era", and Director Liu Weihua of the Department of Operations and Supply Chain Management of Tianjin University and Vice President of the China Logistics Society to share on "Digital Supply Chain Driving Smart Operation Practice", bringing new ideas and work inspiration to everyone. At the conference, Assistant President Hu Dajian of the China Federation of Logistics and Purchasing announced that the first national senior training class for supply chain entrepreneurs, jointly organized by the School of Business, Renmin University of China, the China Federation of Logistics and Purchasing, and the Shandong Supply Chain Management Association, will soon be launched in Shandong. The training class will be mainly held in Beijing Renmin University, with local study tours and classes. The term is 1-1.5 years, with classes held once every 1-2 months, each lasting 2-3 days, totaling about 18-21 days. The recruitment targets are supply chain entrepreneurs, senior executives, and heads of logistics/procurement supply chain companies in large and medium-sized enterprises. In the signing session, the Shandong Supply Chain Management Association and the Shandong Geographical Indication Industry Association signed a strategic cooperation agreement on building the "Shandong Geographical Indication Product Supply Chain Platform"; and the Shandong Supply Chain Management Association and Dongfeng Liuzhou Automobile Co., Ltd. signed a strategic cooperation agreement on aspects such as the customization, centralized procurement, and leasing of logistics vehicles. At the conference, the Shandong Supply Chain Management Association called on member enterprises to jointly launch the "Shandong Commercial Joint Distribution Network Alliance", aiming to use modern information technologies such as big data, the Internet of Things, artificial intelligence, and digital twins to build an integrated supply chain service platform. It will adopt joint distribution, integrate market resources, reduce logistics links, improve standardization levels, reduce logistics costs, and optimize the distribution network to improve the efficiency of logistics enterprises and the entire society's logistics.

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10-25

2021 Shandong Province Supply Chain Management Annual Conference Held in Tai'an

Peruvian President Castillo participated in the opening ceremony of the 130th China Import and Export Fair online and delivered a speech

On October 14, the 130th China Import and Export Fair (Canton Fair) and the Zhujiang International Trade Forum opened in Guangzhou, with the theme "Promoting Domestic and International Dual Circulation". Chinese President Xi Jinping sent a congratulatory letter to the Canton Fair, and Premier Li Keqiang attended the opening ceremony and delivered a keynote speech. Peruvian President Castillo was invited to attend and address the opening ceremony online. In his address, President Castillo stated that 2021 is a year of special historical significance for both Peru and China, marking the 100th anniversary of the founding of the Communist Party of China, the 200th anniversary of Peru's independence, and also the 50th anniversary of the establishment of diplomatic relations between Peru and China. Peru was the third Latin American country to establish diplomatic relations with China, and since then, bilateral relations have continuously deepened and achieved great development on the basis of mutual benefit. Castillo pointed out that China is a strategic partner for Peru in trade and investment. Since the bilateral free trade agreement came into effect in 2010, it has greatly promoted bilateral trade and investment cooperation. China is currently Peru's largest export destination and import source. In 2020, despite the impact of the COVID-19 pandemic, bilateral trade volume still exceeded 22 billion US dollars. In the first half of 2021, bilateral trade volume increased significantly, surpassing 14 billion US dollars, with China's strong economic recovery playing a huge role in achieving these results. Castillo emphasized that international trade is the foundation for global economic stability and sustainable development, not only creating more economic growth opportunities and improving the quality of life for people in both countries, but also serving as an important means of knowledge, technology, and cultural exchange, and a bond to strengthen the friendship between the two peoples. The Canton Fair is an important platform for continuously promoting international trade. Peru highly commends the achievements made by the Chinese government in consolidating its own development, especially through holding this important exhibition, continuously contributing to global economic recovery in the post-pandemic era. Peru sincerely wishes this event complete success and reiterates its firm willingness to further deepen bilateral economic and trade cooperation and strengthen friendly relations between the two countries.

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10-19

Peruvian President Castillo participated in the opening ceremony of the 130th China Import and Export Fair online and delivered a speech

Celebrating a glorious anniversary, let's listen to my stories and those of my parents' generation.

2021 marks the 72nd anniversary of the founding of the People's Republic of China. On this grand birthday, the whole nation celebrates. Let us collectively wish our great motherland a happy birthday, with peace and prosperity for the country and its people. Recently, Ms. Meng Wanzhou's safe return to China brought tears to countless eyes. The phrase “If faith has a color, it must be Chinese Red” swept across netizens' social circles. A prosperous and strong nation, with peace and stability for its people – behind every child of China stands a powerful motherland. On the eve of National Day, Zhenghe Exhibition employees went to the cinema together to watch the movie “My People, My Parents”. The film portrays the “small families” within the “big family”, showcasing the arduous struggles of our parents' generation in various roles. Group photo of some colleagues who watched the movie. The nation is made of millions of families, and each family is a small nation. On this festive occasion, we also wish all the parents who have strived for our small families a happy holiday and good health. Today, let's follow the perspective of Zhenghe people and listen to the stories with our parents on an infinitely extending timeline. Dream chasers of our time around us. Happy and innocent childhood. First time entering a photo studio, first family portrait, first time wearing Spring Festival attire... Although time has passed, opening these memories still brings a strong sense of sweetness. Back then, mom was young and beautiful, and dad was handsome and stylish. As first-time parents, they became my lifelong support and concern. Read ten thousand books, travel ten thousand miles. Landscapes I didn't understand as a child, now as an adult, besides understanding the scenery, I also grasp the emotions within them. An elder in the family is like a treasure. Grandparental love, perhaps with few words, but full of blessings. Standing on father's shoulders, looking towards the ends of the world, may all the beauty in the world be reserved for fathers. First time entering a university, first time traveling to a foreign land with you... At this time, I have gradually grown up, my wings are fully fledged, and you have also begun to feel reluctant to let me go. For me, entering a new phase of life, you were beaming with joy, carrying your deep blessings, and I also understood where my responsibilities lay. The child in your eyes becomes a parent, starting a new journey. Life is a cycle, an extension of love, an extension of responsibility, an extension of strength... Old photographs, sighing at how time flies. Years have turned our parents' black hair into white. We salute them, for it is their generations of struggle and dedication that have kept our rivers and mountains safe, and our everyday lives peaceful. We, who have grown up in this prosperous era, long to share every moment with them here and wish them good health and eternal happiness!

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10-01

Celebrating a glorious anniversary, let's listen to my stories and those of my parents' generation.

National Development and Reform Commission: Encourage enterprises to focus on manufacturing and invest more in basic components and other areas

China News Service, September 24. At a press conference on supporting enterprises and alleviating difficulties held by the National Development and Reform Commission (NDRC) on the 24th, Huo Fupeng, deputy director-general of the Department of Industry of the NDRC, stated that enterprises should be encouraged to increase investment in manufacturing, focusing on basic components, basic materials, basic processes, and basic software. Huo Fupeng indicated that manufacturing is the foundation and cornerstone of a strong nation. Stabilizing investment in manufacturing plays a crucial role in solidifying the foundation of the real economy, accelerating the development of a modern industrial system, and promoting the dual upgrade of industry and consumption. Since the beginning of this year, investment in manufacturing has continued to grow strongly. From January to August, investment in manufacturing increased by 15.7% year-on-year, 6.8 percentage points higher than the overall investment growth rate. Next, in accordance with the relevant deployments of the Central Committee of the Communist Party of China and the State Council, and focusing on promoting high-quality development of manufacturing, the NDRC will actively encourage and guide social capital to increase investment, focusing on five aspects to maintain a good growth momentum in manufacturing investment. First, consolidate the industrial foundation. Encourage enterprises to increase investment in manufacturing, focusing on basic components, basic materials, basic processes, and basic software, to strive to break through key technologies, achieve engineering and industrialization, and make up for shortcomings in the foundation of industrial development. Second, promote the transformation and upgrading of traditional industries. Encourage enterprises to increase investment in technological transformation, apply advanced technologies, update production equipment, improve product quality, strengthen brand building, and accelerate the transformation to high-end, intelligent, and green development, adapting to and leading the creation of new demands with high-quality supply. Third, accelerate the development of advanced manufacturing. Encourage enterprises to target future industrial transformation directions, continuously expand effective investment, accelerate the industrialization of major technological innovation achievements, cultivate new technologies, new products, new formats, and new models, and enhance the core competitiveness of the entire industrial chain. Fourth, promote the integrated development of advanced manufacturing and modern service industries. Encourage enterprises to cultivate and develop specialized service institutions, enhance industrial innovation capabilities, improve the efficiency of factor allocation, and enhance the competitiveness of the entire industrial chain. Fifth, optimize the regional layout of industries. Encourage enterprises to increase investment in central and western regions and the northeast region, make good use of China's strategic depth of development, optimize the regional layout of the industrial chain, achieve orderly domestic industrial transfer, and enhance the rootedness of industries. (China News Service App)

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09-24

National Development and Reform Commission: Encourage enterprises to focus on manufacturing and invest more in basic components and other areas
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