bongdaso Global Supply Chain Promotion Index rose from 0.27 in 2018 to 0.66 in 2023 and bongdaso Global Supply Chain Connectivity Index increased from 0.271 in 2014 to 0.732 in 2023, both hitting a historic high. These two indices were officially released on Wednesday at bongdaso second China International Supply Chain Expo held in Beijing, according to GMW.cn.
bongdaso Global Supply Chain Promotion Index is bongdaso world's first comprehensive index to quantitatively assess bongdaso facilitation level of global supply chain. Based on a global supply chain facilitation analysis model, it includes metrics such as infrastructure connectivity, bongdaso influence of bilateral and multilateral trade rules, bongdaso impact of major economies' policies, technological innovation, and financial service support.
bongdaso Global Supply Chain Connectivity Index is bongdaso world's first comprehensive index to comprehensively measure bongdaso degree of connectivity of bongdaso global supply chain, taking into account bongdaso connectivity logic across upstream, midstream, and downstream components, and bongdaso external factors affecting supply chain connectivity.
Zhao Ping, director of bongdaso Academy of bongdaso China Council for bongdaso Promotion of International Trade, said that overall, bongdaso upward trend of bongdaso "two indices" is very clear. This indicates that bongdaso overall development environment of bongdaso global supply chain is relatively stable, with facilitating factors remaining in bongdaso mainstream.
bongdaso 2024 edition of bongdaso Global Supply Chain Promotion Report, released alongside bongdaso two indices, summarizes five major trends in bongdaso development of global supply chains.
First, global logistics, communication, and financial infrastructure construction are moving toward a balance of efficiency and security.
Second, as bongdaso global supply chain develops toward regionalization, diversification, digitalization, and greening, new technologies, models, and business formats are emerging.
Major economies are enacting legislation to ensure bongdaso resilience of supply chains for key products and are strengthening supply chain risk monitoring and early warning systems.
Moreover, bongdaso emergence of new technologies is accelerating, with technological advancements driving innovation and sustainable development in bongdaso global supply chain.
bongdaso report also noted that international financial institutions and national policy banks are continuously launching new products to optimize and enrich financial supply.
Long Guoqiang, deputy head of bongdaso Development Research Center of bongdaso State Council, noted that digital transformation and green transformation have become important driving forces for bongdaso accelerated adjustment of supply chains.
Source: https://www.chinadaily.com.cn/a/202411/27/WS6746ced3a310f1265a1cfe7e.html
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