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00:52
Digital technology highlighted at China's supply chain expo
STORY: Digital technology highlighted at China's supply chain expo
SHOOTING TIME: Nov. 29, 2023
DATELINE: Nov. 30, 2023
LENGTH: 00:00:51
LOCATION: Beijing
CATEGORY: ECONOMY
SHOTLIST:
1. various of the China International Supply Chain Expo (CISIE)
2. SOUNDBITE (Chinese): XU XIAOCHUN, Executive Vice Chairman, Nanjing Iron and Steel Co., Ltd.
3. various of the China International Supply Chain Expo (CISIE)
STORYLINE:
China International Supply Chain Expo (CISIE) is held in Beijing from Nov. 28 to Dec. 2.
The expo is the first of its kind in the world devoted to promoting industrial and supply chain collaboration.
Digital technology is one of the highlights at the expo, where companies gather to showcase the latest industrial trends.
SOUNDBITE (Chinese): XU XIAOCHUN, Executive Vice Chairman, Nanjing Iron and Steel Co., Ltd.
"Through digitalization, we have connected our production plan, from steelmaking, rolling, heat treatment, to warehousing and delivery, with the production plans of our customers. What's achieved through this is that the supply chain cycle time on our industrial chain has decreased by 1/3, and our (common) inventory has decreased by 50 pct. This is a new advantage brought about by the digitalized industrial chain."
Xinhua News Agency correspondents reporting from Beijing.
(XHTV)
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