This October has yielded fruitful results. The Fifth China (Caofeidian) Logistics and Supply Chain Finance Summit & 2020 China Logistics and Supply Chain Finance Annual Conference was held in Caofeidian, attracting experts and business representatives in financial sectors of the logistics supply chain around the country who exchanged on the theme of “Building a Financial Ecology for a Better Future of Supply Chain”.

　　Liu Jingfu, Vice President of China Federation of Logistics and Purchasing and Chairman of China Commerce & Logistics Group Co., Ltd., was invited to attend the conference and chaired the sessions of “Trend · Outlook – Macro Interpretation” and “Empowering · Upgrading – Keynote Speech”. He also took part in the session of “Innovation · Openness – Dialogue” to exchange ideas on opportunities and challenges along with the development of the supply chain finance in the context of dual circulation, in which two main solutions to problems in the development of supply chain finance have been pointed out. Firstly, the role and status of private enterprises must be put high priority. Secondly, great importance must be attached to entity enterprises, as they are the foundation of supply chain finance, while strengthening the exchange of various sectors to establish an omni-channel risk control system so as to realize the “sharing and win-win” of the supply chain.

　　The organizing committee awarded the 2020 China CSR Award of the Logistics and Supply Chain Finance to China Commerce & Logistics Group Co., Ltd.