Chengdu hosts Fortune Global Forum 2013
The Fortune Global Forum has come and gone in Chengdu, but the city has never looked more beautiful. Sunny blue skies above, a cool breeze in the air… the city’s hoping fortune will continue to smile upon its residents long after their esteemed guests leave. For the past weekend, Chengdu has played host to some of the most influential people in international business, in hopes of attracting further investment interests in the burgeoning western city. The centre of China’s “Go West” initiative, Chengdu has been an economic hub for western China for the past few years; the Forum was seen by many as the city’s coming out party for the world, allowing businesses to become familiar with the country beyond the usual Beijing/Shanghai mix.
The effects of the Forum’s arrival were visible, with many beautification projects coming to fruition in the days leading up to the big event. Flowers were replanted, fountains were constructed, and rules were enforced to put the city’s best face forward.
With already 200 of the Fortune 500 companies located in Chengdu and a growing automobile industry (Volvo has recently opened up a plant, adding to Toyota, Volkswagen, and numerous other car manufacturers in the region), the city is clearly vying to add to its already extensive list of multinationals. Attempting to attract companies by enforcing stricter IP regulations than other areas, Chengdu is clearly a city on the rise filled with opportunities waiting to blossom!