Ford made suggestions to strengthen the flexibility of the supply chain and build a smooth and stable global industrial chain.

Recently, the International Forum on Elasticity and Stability of Industrial Chain and Supply Chain was held in Hangzhou. Jim Farley, President and CEO of Ford Motor Company, delivered a keynote speech via video, and Chen Anning, President and CEO of Ford China, attended the forum.

The theme of the International Forum on the Resilience and Stability of Industrial Chain Supply Chain is "Help each other in the same boat, overcome difficulties together, and pragmatically promote the construction of resilient global industrial chain supply chain", focusing on the new changes in the world development pattern, focusing on the important role of multinational companies in maintaining the stability of global industrial chain supply chain, and conducting in-depth discussions on a series of hot topics such as chip shortage, supply chain challenges, and reshaping industrial chain supply chain, aiming at restoring the safety and smoothness of global industrial chain supply chain, boosting development confidence and promoting China's economy.

At the meeting, Chen Anning, President and CEO of Ford China, said: "At present, the global automobile industry is undergoing great changes in electrification and intelligence, and the supply chain system is also undergoing adjustment. Since 2020, the shortage of automobile chips has caused the reduction of production in the entire automobile industry, and the difficulties, pressures and challenges faced by China automobile industry in the chip crisis are increasing day by day. " He proposed: "As a global automobile company rooted in China, Ford is actively seeking vertical cooperation with suppliers to ensure the stability of chip supply. At the same time, we are also willing to see and expect China's independent chip enterprises to be better promoted, and look forward to promoting the development of the domestic chip industry with a more global pattern, an open and inclusive attitude and a cooperative and innovative thinking mode. "

Jim Farley, President and CEO of Ford Motor Company, said: "In the wave of electrification transformation, the new era of automobile industry is reshaping the global supply chain on a large scale, and China plays a vital role in it."

Ford Motor Company believes that in the iterative transformation and upgrading of the automobile industry, only by creating innovative cooperation modes and platforms suitable for industrial development and deepening international cooperation can the mutual benefit and sustainable development of China's automobile industry be truly realized.

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