Chongqing- The Fourth Western China International Fair for Investment and Trade (WCIFIT) Opening Ceremony and the 2022 CCI-ILSTC International Cooperation Forum kicked off on July 22 in Southwest China's Chongqing Municipality. 

The Fourth Western China International Fair for Investment and Trade (WCIFIT) Opening Ceremony and the 2022 CCI-ILSTC International Cooperation Forum kicked off on July 22 in Chongqing. (iChongqing/ Wang Yiling)

"Interconnectivity is the core of supply chain resilience, in which visualization is one of the key aspects," said Josephine Teo, Minister for Communications and Information and Second Minister for Home Affairs of Singapore.

"PSA and Chongqing Port and Logistics Office have started to work together to verify the feasibility of the China-Singapore (Chongqing) International Dedicated Connectivity," she said. "Once successful, shippers and cargo owners can check the status of their goods more efficiently and achieve more flexible supply chain management." 

She continued, "I look forward to the continued expansion of the CCI-ILSTC network and encourage more stakeholders to come on board the trade corridor."

Elites and experts from all industries discussed how to improve the supporting role of the regional industrial chain and supply chain and provided new ideas to deepen international cooperation through the New International Land-sea Trade Corridor (ILSTC) at the forum.