Heilongjiang Lighthouse International Logistics Co., Ltd.

At exhibitions, exhibitors usually showcase their latest or advanced technologies and equipment. However, at the 2nd China International Supply Chain Stimulation Exhibition /CISCE/, companies demonstrated their supply chain networks and the results of cooperation in this field.

CISCE is the world's first state-level supply chain exhibition. The event, which concluded Nov. 30, brought together industry leaders and experts from around the world, fostering global collaboration in manufacturing and supply chain.

GE HealthCare, along with more than 10 of its suppliers, exhibited advanced medical equipment, including MRI scanners and molecular imaging systems, as well as key components.

“Cooperating with GE HealthCare allows us to have opportunities to learn advanced technologies and industry practices,” said Han Shuang, project manager of Microfits /Beijing/ Technology, which manufactures CT components such as collimators.

GE HealthCare has seven factories across China. Zhang Yihao, president and CEO of GE HealthCare China, said a stable supply of medical equipment is essential to save lives, and China's supply chain contributes to global healthcare solutions.

“By promoting mutual growth, we can ensure a stable and efficient supply chain that connects China to the world and the future,” said Zhang Yihao, recognizing China's advantages in high-skilled talent, manufacturing and innovation.

This year, China has launched a series of policies and measures to expand openness in sectors such as elderly care and healthcare.

For example, the Chinese government unveiled a plan to allow hospitals to be established in some of the country's major cities, including Beijing and Shanghai, as well as the island province of Hainan, entirely with foreign investment, which will help expand the openness of China's medical sector. China has also made efforts to speed up the approval process of new types of drugs already introduced overseas.

At the expo, Danish pharmaceutical company Novo Nordisk introduced Wegovy, a weight loss drug containing semaglutide as a key ingredient.

It has attracted widespread public attention as the fight against obesity is one of the most pressing issues. After entering the Chinese market in November this year, the drug has become available on many e-commerce platforms and in hospitals on prescription.

“We are excited to participate in the exhibition and find new suppliers in the healthcare and life sciences industry. We will continue to work with our partners and better serve Chinese patients,” said Zhou Xiaping, senior vice president and president of Novo Nordisk's China region.

The pharmaceutical giant has worked with Chinese companies to build a state-of-the-art warehouse center in Shanghai to improve the reliability of the drug supply chain. The company has also launched obesity education courses through its online patient care platform.

The healthcare industry is characterized by wide coverage, long production chain, side effects and strong agglomeration, among other features. It is among the nascent industries of strategic importance with great growth potential.

According to a report released by the China Consumer Society in August, the revenue of China's healthcare industry will reach 9 trillion yuan/about $1.25 trillion this year. US$1.25 TRILLION/. The industry, which covers medical and health products, food, medical and health devices, and health management and counseling, is projected to exceed 17 trillion yuan by 2025 and 29 trillion yuan by 2030.

The Healthy Life exhibition zone at CISCE not only attracted global giants in medical equipment and pharmaceuticals, but also companies such as Starbucks, Procter & Gamble and Panasonic. These companies showcased their technologies and products in the fields of healthy food, health products and healthy aging.

Focusing on the “silver” economy, Panasonic demonstrated a smart electric bed with a back pressure-reducing system designed to help seniors lie down and get out of bed more easily. The company also unveiled a shower stall, handrails and seat equipped with watering cans to ensure the elderly are comfortable and safe while showering.

These products for the elderly are already being used in Panasonic's Yada neighborhood in Yixing City, East China's Jiangsu Province. This neighborhood is Panasonic's largest smart neighborhood for the elderly in China and the company's first neighborhood overseas.

Tetsuro Homma, executive vice president of Panasonic Holdings Corporation and group chief executive officer for China and Northeast Asia, said Panasonic will continue to integrate its expertise in senior care services and China's unique environment to expand the silver economy market.

He also noted that China has advantages in a stable, reliable and flexible supply chain, and that more than 6,000 Chinese suppliers provide Panasonic with raw materials, parts and finished products.

To contribute to the global pursuit of health and well-being, Chinese and international companies are forging closer partnerships to strengthen production and supply chains.

“Hand in hand with Chinese partners, we hope to make efforts to ensure the stability and development of global manufacturing and supply chains,” summarized Tetsuro Homma.

中国国家外汇管理局周五公布的官方数据显示，2024 年 10 月，中国国际货物和服务贸易同比增长 6%，达到 4.32 万亿元人民币。

按美元计价，上月中国国际货物和服务贸易出口总额为 3350 亿美元。以美元计价，上月中国国际货物和服务贸易出口总额为3,350亿美元，进口总额为2,734亿美元。该国录得 616 亿美元的顺差，从而录得 616 亿美元的顺差。美元。

其中，10 月份我国自中国出口商品总值近 2.15 万亿元，自中国进口商品总值近 1.61 万亿元。同时，顺差达到 5391 亿元。

上月，中国服务出口 2342 亿元，进口 3359 亿元。被动结余共计 1017 亿元。

China's international trade in goods and services rose 6 percent year-on-year to 4.32 trillion yuan in October 2024, according to official data released by the State Administration of Foreign Exchange Control of China on Friday.

In dollar terms, exports in the country's international trade in goods and services totaled $335 billion last month. In dollar terms, the country's exports in international trade in goods and services totaled US$335 billion, while imports amounted to US$273.4 billion. The country recorded a surplus of $61.6 billion, thereby recording a surplus of $61.6 billion. THE COUNTRY'S IMPORTS AMOUNTED TO US$335 BILLION.

In particular, China's goods exports in October totaled nearly 2.15 trillion yuan in value, while China's goods imports totaled nearly 1.61 trillion yuan. At the same time, the surplus reached 539.1 billion yuan.

Last month, China exported services worth 234.2 billion yuan and imported services worth 335.9 billion yuan. At the same time, the passive balance amounted to 101.7 billion yuan.

The new high-speed railroad /High Speed Railroad/, which connects the metropolis of Shanghai with Jiangsu and Zhejiang provinces in the Yangtze River Delta region of eastern China, started operating in test mode on Saturday.

The first high-speed train left Shanghai's Hongqiao Station at 9:27 a.m. on Saturday and headed for the Zhejiang city of Huzhou, stopping in Suzhou on the way, according to the Shanghai branch of China Railway Corporation. Jiangsu. The design speed of trains on the new line is 350 km/h.

The containership Dali arrived without incident at China’s Fuzhou Port yesterday, November 13, after a nearly two-month voyage from Norfolk, Virginia. It is nearly eight months since the vessel stepped out of obscurity to become the center of worldwide attention after she destroyed Baltimore’s Francis Scott Key bridge and with a trail of legal entanglements set to run at least until mid-2026.

The nine-year-old containership (116,851 dwt) registered in Singapore traveled empty to China after offloading its containers in Virginia and undergoing initial repairs. Port officials in China emphasized the close coordination required to bring the vessel into port due to the extent of the damage. She continues to have no functioning anchors as one was cut off in Baltimore and the machinery was damaged when the roadway and bridge collapsed onto the bow. The thrusters are also reported to be severely damaged.

The containership is going to the Fujian Huadong Shipyard in the Luoyuan Bay Port Area. According to Chinese media reports, the plan calls for fitting a replacement bow on the vessel. No timeline was given for the repairs.

Last week in Baltimore, U.S. District Court Judge James Bredar released the trial plan and timeline for the first of likely several court cases. The judge has bifurcated the case meaning they will first consider if the vessel’s owners Grace Ocean and operators Synergy Marine will be able to limit liability to approximately $44 million under a 1800s admiralty law.

Grace Ocean and Synergy Marine while agreeing to a settlement with the U.S. federal government for the $100 million clean-up costs, which were covered by insurance, continue to deny liability for the vessel hitting the bridge. They “expressed rejected” liability when announcing the settlement and said it was not indicative of liability. It has been suggested that they will seek to place a portion of the blame on Maryland and Baltimore for failing to protect the bridge as well as possibly a faulty electrical system design by the ship’s builder Hyundai Heavy Industries. Quietly, Grace Ocean has also paid nearly $100,000 to the U.S. Coast Guard’s pollution fund for oil pollution from the incident.

Judge Bredar compromised between the owners and operator’s lawyers which proposed a January 2027 trial and lawyers for the multitude of claims which were seeking a December 2025 trial. The trial date is now set for June 1, 2026, and it will be a bench trial, meaning it will be decided by the judge without a jury.

Several key dates were also set including a plan to start taking witness depositions for a week in December 2024 and again in the first half of 2025. Expert witnesses will be scheduled between December 2025 and February 2026. The deadline for additional cargo claims is the end of next week while the deadline for fact discovery was set for July 2025. He anticipates pre-trial in April and May 2026 ahead of the two-week trial in June 2026.

In earlier hearings, Judge Bredar said his goal was to get the case to “the launching pad for settlement.” If they fail to settle, the June 2026 trial would determine issues such as if the ship was unsafe and lacked a properly trained crew and proper maintenance, all points argued by Maryland and other claimants. The second phase would seek to portion the liability and award the potential claims which range from Maryland which is seeking the replacement cost of the bridge to Baltimore which cites the economic impacts, individual businesses affected, and the families of the six victims.