Hungary Guest of Honor at the China International Supply Chain Expo [Video]

This year marks the second edition of the Supply Chain Expo (CISCE) in Beijing between November 26-30, where the Hungarian Pavilion was invited to take the place of exhibitor of honor. Prior to this, China had already established a series of other trade fairs, including the Canton Fair in Guangzhou, the China International Import Expo or CIIE in Shanghai, the Consumer Goods Expo in Haikou, and the China International Fair for Trade in Services or CIFTIS in Beijing.

The CISCE debuted last year as the first Chinese national-level expo focused on supply chains. It highlights China’s focus on supply chain management as one of the global manufacturing epicenters.

The global supply chain crisis that began in 2020 was not only exacerbated by pandemic-induced disruptions but also by certain economies adopting a zero-sum mentality, a resurgence of trade protectionism, and the implementation of policies promoting “small yard, high fence” and the U.S.’ policy of economic “decoupling” from China. These actions have …