Core Viewpoint - Honeywell is showcasing its commitment to local innovation and ecological collaboration at the third China International Supply Chain Promotion Expo, emphasizing its "Eastern Service for the East" strategy and revealing the underlying logic of global industrial chain transformation [1][2]. Group 1: Local Innovation and Product Development - Honeywell's Smart Ship and Building Operations Management Platform were developed entirely by its Chinese team, addressing specific needs of local shipyards and construction companies [2]. - The Smart Ship solution addresses three major pain points identified by Chinese shipyards: data security risks, operational efficiency bottlenecks, and energy efficiency pressures [2]. Group 2: Supply Chain Transformation - Honeywell views the supply chain as a complex network that includes not just direct suppliers but also secondary and tertiary suppliers, requiring a more integrated management approach [3]. - The company is building a "technology + ecosystem" dual-drive strategy, collaborating with universities to rapidly translate basic research into industrial applications [3]. Group 3: Green Manufacturing Initiatives - Honeywell has established seven green factories in China, with over 75% of its products manufactured in these facilities, which also implement digital transformation for lifecycle management [4]. - The Tianjin factory has reduced electricity consumption by approximately 122,800 kWh year-on-year, equivalent to a reduction of 86 tons of CO2 emissions [4]. Group 4: Strengths of the Chinese Supply Chain - The advantages of the Chinese supply chain are shifting from cost advantages to systemic advantages, characterized by a complete industrial system, strong resilience, and high service efficiency [5]. - Chinese suppliers have demonstrated the ability to quickly recover and respond to disruptions, such as those caused by the COVID-19 pandemic [5]. Group 5: Global Impact of Local Innovations - Honeywell's local innovations in China, such as battery safety sensors for electric vehicles, are not only benefiting domestic manufacturers but are also being exported globally [6]. - The company aims to replicate its successful local model in overseas markets while maintaining the core logic of driving local innovation through local teams [6].

Core Viewpoint - The article highlights the significance of supply chains in modern industries and the opportunities presented at the China International Supply Chain Promotion Expo, showcasing the rapid development of China's industrial system and its global supply chain advantages [1]. Group 1: Schneider Electric - Schneider Electric emphasizes the importance of resilience, AI, and sustainability in supply chains, particularly in the context of geopolitical tensions and trade protectionism [2]. - The company has established a robust end-to-end green supply chain system in China, with 30 factories and logistics centers collaborating with over 1,600 local suppliers [2]. - Schneider Electric has evolved from following global technology to developing products based on Chinese user needs, demonstrating its commitment to local innovation and global market adaptability [3]. Group 2: Panasonic - Panasonic showcases its station door solutions at the expo, which have been implemented in 53 projects across 18 cities in mainland China, with a total order value exceeding 3 billion yuan [5]. - The company has over 6,000 suppliers in China and has established a trading company in Shanghai to facilitate global procurement of components [6]. - Panasonic recognizes China as not only a manufacturing powerhouse but also an innovation leader, leveraging its large pool of engineers to drive technological advancements [8]. Group 3: Honeywell - Honeywell presents new smart ship solutions and emphasizes that over 95% of its products are developed for the local market by its Chinese team [9]. - The company highlights the comprehensive nature of China's supply chain, which includes all industrial categories, and its resilience in responding to external shocks [10]. - Honeywell aims to deepen collaboration with local suppliers and enhance product localization to meet the high demands of Chinese customers, viewing suppliers as partners in achieving mutual success [10].

Core Insights - The third Chain Expo has established over 6,000 cooperation agreements and intentions among 650 exhibitors from 75 countries and regions, connecting 42,000 upstream and downstream enterprises [1][5][15] - The event has become a platform for high-level international cooperation in supply chains, showcasing China's commitment to open collaboration and shared prosperity [1][9] Group 1: Event Overview - The third Chain Expo, themed "Linking the World, Creating the Future," saw participation from 172 overseas delegations, more than double the previous event, and over 210,000 attendees, a 5% increase [5][15] - The expo featured 152 new products, technologies, and services, marking a 67% increase from the last edition [8][12] Group 2: Industry Collaboration - Notable collaborations included McDonald's China partnering with 11 suppliers to showcase local sourcing, and companies like Novo Nordisk and Starbucks China optimizing supply chain management [3][5] - The event facilitated connections between various sectors, including biopharmaceuticals, food, and technology, highlighting the importance of supply chain resilience and innovation [5][9] Group 3: Innovation Focus - The expo emphasized innovation, with local and global companies showcasing new technologies and solutions, such as Honeywell's automated maritime solutions [8][12] - The establishment of an innovation zone attracted attention for initiatives like the "Patent Activation System" and collaborative models aimed at enhancing supply chain innovation [9][12] Group 4: Global Perspective - Industry leaders, including NVIDIA's CEO, acknowledged China's significant role in global supply chains and innovation, emphasizing the importance of the Chinese market for international businesses [12][15] - The event illustrated China's growing regional partnerships and the expansion of its economic "friend circle," with over 102 companies already signing up for the next expo [15][16]

Group 1 - Apple collaborates with three Chinese suppliers, showcasing the tight integration of global supply chains, with over 80% of its top 200 suppliers having factories in China [1] - The China International Supply Chain Promotion Expo aims to enhance global connectivity and promote a more stable and resilient supply chain system amid geopolitical tensions and rising protectionism [2][3] - The "Global Supply Chain Promotion Report" and global supply chain index matrix were released, indicating a positive trend in global supply chain development despite uncertainties [5][6] Group 2 - The report highlights that from 2018 to 2024, the promotion index of the global supply chain matrix is expected to grow from a base value of 1 to 2.71, indicating significant improvement [5] - The resilience index, however, shows slower growth and greater volatility, indicating a weakness in the global supply chain that requires collective efforts to enhance [8][9] - The expo serves as a platform for continuous dialogue, fostering connections among diverse participants to explore collaborative solutions for global supply chain challenges [11][12]

Group 1: International Participation - The third China International Supply Chain Promotion Expo showcased a significant international presence, with foreign exhibitors accounting for 35% of the total [3][4] - A total of 651 companies and institutions from 75 countries and regions participated, highlighting the event's global appeal [2][3] - Notable multinational companies such as NVIDIA and Schneider made their debut at the expo, indicating an increase in international engagement compared to previous years [3][4] Group 2: Innovation Highlights - The expo featured over 100 new product launches, a 10% increase from the previous year, emphasizing the focus on innovation [5] - Companies like BTR introduced groundbreaking products such as i-graphite, which enhances the energy density of silicon-based anodes in lithium batteries, improving battery life by 20% [5][6] - Innovations included a magnetic levitation conveyor line developed by a supplier for Apple, which significantly improves speed and precision compared to traditional systems [6] Group 3: Strengthening Connections - The expo established various exhibitor alliances to enhance collaboration across supply chains, making it easier for companies to find partners and solutions [7] - The event served as a platform for companies to connect with service providers and explore new application scenarios, particularly in the drone technology sector [7] - A report by the China Council for the Promotion of International Trade highlighted the importance of developing efficient infrastructure and maintaining a rules-based global trade order to foster supply chain growth [7] Group 4: Future Outlook - The expo is seen as a new platform for China to promote high-level openness and serve as a global public product [8] - Participants expressed optimism about the expo's role in linking the world and creating a better future through collaborative efforts [8]