Over 400 delegates attended Euromoney’s Chengdu Global Investment Summit, held at the Shangri-La Hotel on 19 and 20 April. Investors from more than 20 countries joined Chengdu policymakers, officials and businessmen to discuss the opportunities on offer in one of China’s fast-growing cities.
Bai Gang, member of the Standing Committee of the Chengdu Municipal Committee of the Communist Party of China and Vice Mayor of the Chengdu Municipal People’s Government opened the conference. He outlined the city’s policy on attracting business, framing that policy with particular regard to the need to ensure that investment was sustainable and generated benefits for all of the city’s inhabitants.
British Consul-General Simon Lever spoke on the importance of his country’s links with the West of China. Other speakers, including Chen Fu, deputy director of the Chengdu Investment Promotion Commission, highlighted the city’s efforts in fostering e-commerce and financial services.
Richard Mast, the Headmaster of Leman International School said that he had taught in many places around the world but rarely had found such enthusiasm for learning and embracing new ideas as he had in his time in Chengdu.
Asked what made Chengdu different when so many Chinese cities were competing for investment, Mark Johnson, Editor of Euromoney Conferences replied: “It is not just that this city has a flexible and cost-effective workforce – though that is a distinct advantage – it is also that the city government has a ‘can do’ attitude towards investment.” He added that Chengdu had a very liveable atmosphere and that the people were welcoming and open.
“Western China is definitely on the radar screen for international business,” concluded Mr Johnson, “and Chengdu is very much at the top of the list.”