Ren Hongbin: China, U.S. need to build a resilient supply chain

On November 16 in Lima, Peru, Chinese President Xi Jinping met with U.S. President Joe Biden. President Xi stressed that neither decoupling nor supply-chain disruption is a solution; common development can only be achieved through mutually beneficial cooperation. CGTN host Tian Wei interviewed Ren Hongbin, chairman of the China Council for the Promotion of International Trade. Ren emphasized that in an era of globalization, the resilience and sustainable development of supply chains are crucial. He reiterated China's unwavering commitment to maintaining an open and fair international trade environment and stressed that China and the United States should work together to face challenges and seize opportunities for mutual benefit.