China has stepped up as the world’s supply chain hub, moving beyond just being the biggest factory and market. According to Gavin Yang, the head of marketing and e-commerce at CP China, the country’s value lies in both serving its own huge market and exporting top-notch products worldwide.
Speaking at the China International Supply Chain Expo 2024, Yang said, "The importance of this supply chain hub is in serving Chinese consumers and also bringing high-quality products to global markets and large consumer groups."
This highlights how China is playing a bigger role in global trade, connecting producers and consumers around the world. With its massive manufacturing power and growing tech advancements, China is set to keep influencing how global supply chains work.
Reference(s):
cgtn.com
