Aerial photograph taken on July 29, 2022 exhibits a Maersk container vessel departing from the Qianwan Container Terminal in Qingdao Port, east China’s Shandong Province. (Xinhua/Li Ziheng)
China is now a “manufacturing powerhouse” and produces high-quality, well-engineered, cheap merchandise for the world, says Daniel Gardner, including that logistically, on port operations and automation, “there’s a lot to admire and be taught from China.”
LOS ANGELES, Nov. 20 (Xinhua) — U.S. port officers and Chinese language representatives met Friday in Lengthy Seashore, California, to debate bilateral cooperation amid ongoing international provide chain challenges.
The assembly was hosted by the Lengthy Seashore-Qingdao Affiliation (LBQA), which was established in 1985 with an goal to advertise alternate and commerce between Lengthy Seashore and Qingdao.
Zhang Ping, Chinese language consul common in Los Angeles, underlined that with many years of growth, the worldwide provide chain has grow to be an indicator of financial globalization and a primary function of world financial system, taking part in an essential position in selling financial connectivity, integration and development.
Talking extremely of the pleasant relations between the 2 cities, Lengthy Seashore and Qingdao, and the 2 ports, Port of Lengthy Seashore and Port of Qingdao, he mentioned, “We stay up for seeing extra sensible cooperation carried out, and extra cultural alternate actions carried out.”
Based on Bonnie Lowenthal, a commissioner from the Lengthy Seashore Harbor Board, Lengthy Seashore’s container throughput rose from 3.5 million containers in 1997 to a document 9.4 million in 2021.
“As we have grown, we have each benefited from mutual exchanges of data and cooperation,” she mentioned. “Clearly the important industrial hyperlink between our ports has certainly been an awesome wellspring of prosperity for our nations.”
A container ship of China’s COSCO Transport docks at a brand new container terminal of the Port of Lengthy Seashore in California, the USA, Aug. 20, 2021. (Xinhua/Gao Shan)
“I’m all the time amazed by the manufacturing capability of China,” mentioned Daniel Gardner, president of Commerce Facilitators, Inc., a Los Angeles-based provide chain consulting and coaching agency.
China is now a “manufacturing powerhouse” and produces high-quality, well-engineered, cheap merchandise for the world, mentioned Gardner, including that logistically, on port operations and automation, “there’s a lot to admire and be taught from China.”
The panelists agreed that because the U.S.-China cooperation on provide chain sustainability is a paramount concern, way more must be carried out.
Noel Hacegaba, deputy govt director on the Port of Lengthy Seashore famous that since 70 p.c of the port’s import containers come from China, any transfer to decouple the U.S. and Chinese language economies — the 2 largest economies on the earth — would trigger extra international disruptions.
Zhang warned towards politicizing the worldwide provide chain, mentioning that in the USA, some individuals are nonetheless preaching for U.S.-China financial decoupling — although that might additional disrupt the worldwide provide chain.
“The 2 nations share a variety of widespread pursuits and there exists an awesome potential for nearer commerce and financial ties,” he mentioned, including that the 2 nations ought to make joint efforts to stabilize the worldwide provide chain and promote the regular restoration of the world financial system. ■