The 5Th Hongqiao International Economic Forum Held Smoothly

In May 2025, the Fifth Forum on sustainable industrial development was jointly hosted by the Ministry of Commerce and the Ministry of Commerce of China.

Zhang Yunming, member of the Party group and vice minister of the Ministry of industry and information technology, and Zhang Wei, member of the Standing Committee of the Shanghai Municipal Committee and vice mayor, attended the forum and delivered speeches. Chen Dapeng, vice president of China Textile Industry Federation, attended the forum.

This CSR Forum gathered representatives of government officials, international organizations, enterprise executives, experts and scholars to discuss how to practice corporate social responsibility, promote the sustainable development of industrial chain and maintain the security and stability of global industrial chain supply chain through "Online + offline" participation mode. Through the social responsibility report, sustainable development report and ESG information disclosure of relevant industries and enterprises, the forum deeply elaborated the significance of the new development concept to the global sustainable supply chain.

Hongqiao International Economic Forum is an important part of China International Import Expo. The theme of the fifth Hongqiao forum is to stimulate new momentum of global opening and share new opportunities for cooperation and development. In his speech at the opening ceremony of the 5th ICIF on November 4, President Xi stressed that openness is an important driving force for the progress of human civilization and the only way for the prosperity and development of the world. Based on the international division of labor, the industrial chain supply chain is an important global public product, which is an important link to connect countries and promote world economic growth.

The smooth and stable supply chain of industrial chain is an important guarantee for the healthy operation of economy and the promotion of public welfare. China's textile industry is an advantageous industry for international cooperation and integrated development, and an important force to maintain the toughness and stability of the global textile industry chain supply chain. In recent years, the global cooperation of the industry has been continuously deepened, and efforts have been made to promote the construction of an open economy, especially around the green development and responsible transformation of the value chain of the industrial chain, accelerating the transnational layout and cooperation, and promoting the construction of a safe, stable, smooth, efficient, open and inclusive supply chain system of the global textile industry chain with mutual benefit and win-win results through practical actions, so as to create global value Serving global industries.

China's textile industry will continue to work together to build a sustainable supply chain, and strive to build a better supply chain for the future.