At the annual Boao Forum for Asia 2025 conference in China's Hainan province, experts highlighted China's growing role as a stabilising force in global supply chains. At a time of rising protectionism and trade barriers, China is investing in infrastructure, expanding openness and deepening regional cooperation.
Akylbek Zhaparov, former Prime Minister of Kyrgyzstan, described the stability of the chains as crucial and highlighted the railway project China-Kyrgyzstan-Uzbekistan as a key example of the Belt and Road Initiative, which will help landlocked countries gain access to the sea.
Yasiru Bandara Ranaraja from Sri Lanka commended the progress made by the countries under the initiative - decentralising trade routes and connecting major hubs in Asia.
According to a report posted on the forum Asia to account for over 41 % of world trade in intermediate goods in 2023, confirming its key role in global value chains. China remains at the centre of them.
At the same time, China has continued to open up its markets, completely removing restrictions on foreign investment in manufacturing, expanding access to areas such as healthcare and telecommunications, and signing 23 free trade agreements with 30 countries. RCEP, the world's largest trade agreement.
Foreign companies like AGC Inc. or Merck confirm that China remains an attractive place for manufacturing and innovation. According to Denise Depoux However, Roland Berger believes that China should move from a "Made in China" to a "Designed in China" model and become a full-fledged global player in investment and cooperation.
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