City remains a magnet for business
By Wang Yanlin |
October 30, 2011, Sunday
|
Print Edition
Print Edition
Shanghai remains a competitive city full of growth potential, even after the World Expo, members of the International Business Leaders' Advisory Council for the Mayor of Shanghai said yesterday after visiting a commemorative exhibition of last year's grand event.
Today, these global business leaders will gather at the Expo Center to brainstorm on the future of Shanghai with a theme of "bolstering the market system."
Jacob Wallenberg, chairman of Investor AB who will chair this year's council, said Shanghai should continue on the same path it is on now.
"Be part of the world, further open up the market and let companies compete on the same ground," Wallenberg said.
Yesterday, Shanghai Mayor Han Zheng and IBLAC members reviewed some historic moments from last year's World Expo, looked at some exhibits left as gifts to the city and were introduced to the plan to redevelop the Expo site.
After the visit, Wallenberg wrote: "To the great city of Shanghai on its so successful development of the 2010 Expo site" in a signing book for honorable guests.
Harvey McGrath, president of Prudential Plc, said: "Shanghai is increasingly important among Asian cities as a financial center, while Asia has become a key market for us."
Joseph M. Hogan, chief executive officer of ABB Ltd, said his company will continue to invest in Shanghai aggressively in the next two to three years.
"The Shanghai government is very creative ... we trust they will make it possible to sustain the city's rapid development."
Today, more than 500 Chinese and overseas delegates including members of IBLAC, consul generals, senior government officials, heads of state-owned companies and top private firms will take part in the 23rd IBLAC forum at the Expo Center.
At the forum, Han will report on the latest economic and social progress in Shanghai and Carlos Gutierrez, former Secretary of the United States Department of Commerce, will give a keynote speech.
Participants will also give their views on topics including how to improve the market mechanism from the perspective of multinational companies and how to explore new technology.
The IBLAC forum was first held back in 1989.
Today, these global business leaders will gather at the Expo Center to brainstorm on the future of Shanghai with a theme of "bolstering the market system."
Jacob Wallenberg, chairman of Investor AB who will chair this year's council, said Shanghai should continue on the same path it is on now.
"Be part of the world, further open up the market and let companies compete on the same ground," Wallenberg said.
Yesterday, Shanghai Mayor Han Zheng and IBLAC members reviewed some historic moments from last year's World Expo, looked at some exhibits left as gifts to the city and were introduced to the plan to redevelop the Expo site.
After the visit, Wallenberg wrote: "To the great city of Shanghai on its so successful development of the 2010 Expo site" in a signing book for honorable guests.
Harvey McGrath, president of Prudential Plc, said: "Shanghai is increasingly important among Asian cities as a financial center, while Asia has become a key market for us."
Joseph M. Hogan, chief executive officer of ABB Ltd, said his company will continue to invest in Shanghai aggressively in the next two to three years.
"The Shanghai government is very creative ... we trust they will make it possible to sustain the city's rapid development."
Today, more than 500 Chinese and overseas delegates including members of IBLAC, consul generals, senior government officials, heads of state-owned companies and top private firms will take part in the 23rd IBLAC forum at the Expo Center.
At the forum, Han will report on the latest economic and social progress in Shanghai and Carlos Gutierrez, former Secretary of the United States Department of Commerce, will give a keynote speech.
Participants will also give their views on topics including how to improve the market mechanism from the perspective of multinational companies and how to explore new technology.
The IBLAC forum was first held back in 1989.
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