Jinchuan Group signed agreements worth $1.28 billion (9.26 billion yuan) at this year's China International Import Expo (CIIE), setting a new record and further enhancing the company's capabilities in supply assurance and cost reduction, providing strong support for building a world-class enterprise with global competitiveness.
At the High-Quality Development Exchange Conference for Modern Circulation Enterprises, themed "Deepening Cost Reduction and Efficiency Enhancement, Facilitating Internal and External Circulation", He Dengcai, vice-president of the China Federation of Logistics & Purchasing, released the "Initiative for Modern Circulation Enterprise Collaboration".
After signing a Memorandum of Understanding (MOU) with the China International Import Expo Bureau, Jinchuan will rely on the CIIE's international procurement platform to continuously participate in supply and demand matching, procurement exhibitions and other related activities. This will encourage related enterprises to actively participate in various trade and investment matchmaking meetings at CIIE, further accelerating development and collaborating with outstanding global enterprises to clear bottlenecks, open new pathways and seek mutual benefits.
CIIE reported that 152 countries, regions and international organizations participated in this year's expo, with the participation of a record 297 Fortune Global 500 companies and industry leaders.
The exhibition layout reflected new concepts, with the enterprise commercial exhibition area exceeding 360,000 square meters. The technical equipment exhibition area, one of the six major exhibition zones, focused on new quality productive forces, gathering high-end equipment and showcasing cutting-edge technologies.
For the first time, a new materials zone was established, providing an international exchange platform to promote innovation and development in the new materials field.
