Favorable business environment
The Fortune 500 executives gave high marks on Wuhan's business environment during the event.
Lin Chunmei, Vice President of Corning Inc. who is in charge ofEast Asian government relations, said that during the process oftheir project's settling in Wuhan, she was deeply aware ofWuhan's efforts in continuously optimizing the business environment, such as combining projects to reduce the necessary time and procedures for approval.
Yao Yao, ThoughtWorks's Director ofOperations in China, said, "The affinity for the city of Wuhan has improved a lot in recent years. It is much more convenient for us to introduce more foreign clients to our company, so we settled our headquarters for R&D in Wuhan."
William Zarit, President ofthe American Chamber ofCommerce in China, noted that more than 1,000 U.S. companies are investing in Hubei, and most ofthem are in Wuhan. From the feedback of the enterprises, they are quite satisfied with Wuhan's investment and business environment, and they are also pleased with their cooperation with local governments and the enterprises here as well.