According to the official website of the Ministry of Commerce, on the morning of October 15, a processing trade innovation development and regional cooperation matchmaking event was held in Guangzhou. Assistant Minister of Commerce Zhang Li attended the event and delivered speeches. Zhang Guozhi, member of the Standing Committee of the Guangdong Provincial Committee and vice-governor, and Wang Yiming, former deputy director of the Development Research Center of the State Council, delivered speeches. Zhang Li said that processing trade is an important part of China's foreign trade and open economy. The innovative development of processing trade achieved remarkable results during the “14th Five-Year Plan” period. During the “15th Five-Year Plan” and the period ahead, processing trade will continue to play an important role in coping with the restructuring of global production and supply chains, promoting industrial upgrading, cultivating new momentum for foreign trade, promoting coordinated regional development, and improving employment and people's livelihood. The Ministry of Commerce will continue to promote the innovative development of processing trade and enhance value chain status, production and supply chain resilience, level of regional cooperation, policy management capabilities, and overall enterprise competitiveness. At the matchmaking event, relevant regions shared experiences and practices such as innovative development of processing trade and regional cooperation. All regions carried out one-on-one matchmaking negotiations on further innovating industrial cooperation mechanisms to promote the flow and sharing of projects, talents, capital, technology, and information. More than 200 representatives from various provinces, autonomous regions, municipalities directly under the Central Government and the Xinjiang Production and Construction Corps, pilot cities for the transformation and upgrading of processing trade, key undertakers, industrial parks, counterpart support counties of the Ministry of Commerce, relevant research institutes, business associations and key enterprises participated.

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