Tim Cook, the highly influential CEO of Apple Inc, recently emphasized the indispensable importance of China’s supply chains in bolstering the US tech giant during his latest visit to the country. His sentiments echo those of other prominent multinational corporations that have pledged their commitment to the burgeoning Chinese market, aiming to weave their operations more intricately into global industrial and supply networks that continue to evolve rapidly.
Before participating in the much-anticipated China International Supply Chain Expo, Cook articulated the company’s unwavering dedication to China, noting that he has made three visits to the nation within the current year alone. This consistent engagement underscores Apple’s strategy to solidify its presence in one of the world’s most dynamic economies.
When approached by China Daily regarding Apple’s future relationship with China, Cook optimistically remarked: “I think it will only get better. I always do something special in China,” reflecting his belief in the potential for an even stronger partnership moving forward.
China stands as one of Apple’s largest supply-chain providers and arguably its most critical international market, with over 80 percent of the company’s 200 major suppliers operating production facilities within its borders. This reliance not only demonstrates Apple’s strategic investments but also highlights the value placed on Chinese manufacturing capabilities and innovation.
Cook was joined at this year’s China International Supply Chain Expo by an impressive cohort of top executives from both domestic and international firms, such as Rio Tinto Plc, Corning Inc, and the well-known Chinese tech giant Lenovo Group. The expo commenced in Beijing on Tuesday, serving as a pivotal platform for discussions surrounding global supply chain integration.
Jason Juang, managing director of HP Greater China, echoed similar sentiments to Cook, sharing with China Daily that “As one of the most dynamic and important markets in the world, China plays an important role in HP’s global supply chain.” His statement highlights HP’s acknowledgment of China’s growing significance in the global tech landscape.
He elaborated on HP’s commitment to the mantra of “in China, for China,” aimed at continuously introducing advanced technology and management expertise tailored specifically for the Chinese market. This strategic approach ensures that HP remains aligned with local needs while enhancing its competitive edge.
“We will continue to provide consumers here with continuously iterated high-quality products, boost the digital upgrading of industrial and supply chains, and actively support the construction and development of China’s information technology industry,” Juang added, outlining key initiatives that HP has undertaken to fortify its market presence.
The third plenary session of the 20th Central Committee of the Communist Party of China — a high-stakes meeting vital for the nation’s reformative and modernization efforts — revealed intentions to further deepen reform and opening-up measures while facilitating robust international cooperation in industrial and supply chains.
Zhang Qingwei, vice-chairman of the Standing Committee of the National People’s Congress, underscored at a recent assembly that China is both a participant and beneficiary of global industrial and supply chains, emphasizing its role as a steadfast defender and builder of these networks. Such assertions reaffirm China’s commitment to fostering a collaborative global economic environment.
The country will integrate more deeply with the global industrial and supply chain system and firmly oppose protectionism and any form of decoupling, maintaining the desired outcome of the global public good. This stance solidifies China’s determination to navigate the complexities of international trade while adhering to principles of openness and collaboration.