Politics
Chinese Prime Minister Xi Jinping rallies global business leaders to protect supply chains
Chinese Prime Minister Xi Jinping assembled a Group of global business leaders In an effort to protect the supply chains.
Jinping had A meeting with a group of leaders Including Rajesh Subramaniam from Fedex, Ola Klleneius de Mercedes-Benz and Georges Elhedery from HSBC, where he asked them to protect the supply chains, according to Financial Times.
We hope everyone can have a large and long -term point of view. . . And do not blindly follow actions that disrupt the security and stability of industrial and world supply chains, but which rather contribute more positive energy and certainty to global development, Xi in Reunion in Beijing on Friday.
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What are the supply chains?
Supply channels are systems that manage the flow of goods, services and information from raw material suppliers to end consumers. They involve different stages, each crucial to put a product on the market. The process begins with the supply of raw materials, followed by manufacturing, where these materials are transformed into finished products. Once the products have been manufactured, they are distributed in warehouses and retail locations before finally reaching customers. This network of interconnected companies, resources and activities guarantees that products are available when and where they are necessary.
In modern global supply chains, companies often rely on suppliers, manufacturers and partners around the world, which makes coordination and logistics more complex. Effective management of the supply chain is essential for companies to reduce costs, maintain the quality of the products and guarantee timely deliveries. It requires the optimization of production processes, inventory management and transport systems.
Read: Canada, China, Mexico, South Korea, India among 10 countries to be struck by aluminum prices, Steel(February 11, 2025)
The effectiveness of a supply chain directly affects the competitiveness and profitability of a company. Challenges such as disturbances (for example, natural disasters, geopolitical problems or pandemics) can considerably affect supply chains, causing delays or shortages. Consequently, companies are increasingly adopting technologies such as automation, data analysis and blockchain to improve the visibility, flexibility and resilience of the supply chain.
The event of the great people of the people marked the second consecutive year that XI held a meeting carefully staged with foreign CEOs in the Chinese capital.
Jinping said on Friday at the Rally in Beijing that he hoped that everyone would take a broad and long -term point of view and will not blindly follow actions that would disrupt the security and stability of industrial and global supply chains, but would rather contribute to energy and certainty more positive for global development.
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