APEC forum in Hong Kong highlights global supply chain cooperation

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APEC forum in Hong Kong highlights global supply chain cooperation

STORY: APEC forum in Hong Kong highlights global supply chain cooperation SHOOTING TIME: April 21, 2024 DATELINE: April 23, 2024 LENGTH: 0:01:22 LOCATION: HONG KONG, China CATEGORY: ECONOMY SHOTLIST: 1. various of the forum 2. SOUNDBITE (Chinese): PAUL CHAN, Financial secretary of the HKSAR government STORYLINE: The APEC China Business Council Hong Kong Forum opened on Monday in Hong Kong with participants discussing the stabilizing and smoothing of global industrial and supply chains and promoting sustainable development. Around 300 representatives from the political, business, and academic circles of APEC economies attended the forum. They pointed out that the current geopolitical tensions and rising protectionism will inevitably impact the global economy and industrial development, and there are new adjustments in global supply chains. More and more enterprises are shifting from offshore outsourcing to nearshore outsourcing in the global industrial and supply chains, showing the development trend o

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