Panasonic Holdings Corp is set to participate in the third China International Supply Chain Expo (CISCE), Executive Vice President Tetsuro Homma recently told China.org.cn.

The Japanese electronics giant will return after its debut at last year's event, where it showcased technologies for smart living spaces and products targeting elderly consumers, said Homma, who oversees the company's operations in China and Northeast Asia.

Homma said Panasonic's continued participation aligns with the expo's goals of promoting open trade. "Amid the complex international landscape, the expo advocates for a free, fair and just global trade system, as well as an open and inclusive international cooperation environment," he said. "This will foster international consensus and promote stable global industrial and supply chains."

The expo provides businesses with opportunities for regional cooperation and insights into emerging supply chain configurations. Last year, Panasonic signed a strategic cooperation framework agreement with the Beijing Institute of Architectural Design to develop smart building technologies aimed at creating safer, more comfortable living spaces.

Panasonic's supply chain and business network extends worldwide, and Homma said the company is looking to forge new partnerships with suppliers, manufacturers and business partners at the upcoming expo to better serve global demand.

"China boasts comprehensive coverage, scalability, stability, reliability and flexibility in supply chains," Homma said. "It is one of Panasonic's most important supply chain bases, with over 6,000 suppliers providing components, raw materials and even automated production equipment to our 64 Chinese enterprises and overseas operations."

The company has improved its competitiveness by deepening supply chain localization and implementing a visualization platform, allowing it to deliver higher-quality products and services to both the Chinese and global markets, Homma said.