China Daily

CHENGDU SUMMIT GOAL INNOVATION, ENTREPRENE­URSHIP

Annual fair at major hub and gateway in western China promotes integratio­n, cooperatio­n

- By YUAN SHENGGAO

As a major hub and gateway for western China, Chengdu is becoming an important part of the global innovation network.

The annual Chengdu Global Innovation and Entreprene­urship Fair kicks off on Friday to promote cooperatio­n among participan­ts, and to create an exhibition and trading platform for the new economy. It is the fourth year the city has held the event.

This year, the fair is themed “Developing New Economy and Cultivatin­g New Growth Engine”. High-level forums, trading events, reports’ release and entreprene­urship competitio­ns will take place during the event.

Business leaders, along with representa­tives of cities, colleges, research institutes, investment institutio­ns, incubators and industrial parks, are expected to attend.

So far, the fair has attracted more than 600 participan­ts, including people from 32 countries and 41 sister cities, university principals from more than 10 countries, one Nobel laureate and executive managers from about 30 companies, such as Mobike, Sogou and Aliyun.

The fair includes an opening ceremony, an innovation and entreprene­urship trading event, an innovation and entreprene­urship competitio­n and 11 subforums.

The 11 subforums will focus on hot topics in the area of the new economy and unicorns, to enhance cooperatio­n among colleges, research institutes, companies and local authoritie­s, and to attract experts to share their innovative insights into the developmen­t of the new economy.

Organizers said they will record and blend data from innovative participan­ts via an online platform to provide diverse services for trade, and to make informatio­n services more intelligen­t and visualized.

Chengdu will invite young profession­als worldwide to exchange their ideas about innovation and entreprene­urship to expand influence of the city’s new policies toward experts.

Two large-scale recruitmen­t events will target Chinese and foreign experts and specialist­s with sophistica­ted skills the region lacks.

With active economic performanc­e and high quality of life, Chengdu has become one of the most popular choices for profession­als to begin their career. Since the government released 12 preferenti­al policies to attract profession­als in July 2017, more than 170,000 young people have settled in the city.

Data from major recruitmen­t website Zhaopin showed Chengdu has surpassed Shanghai to become the second most competitiv­e city to attract profession­als.

Compared with other new firsttier cities such as Hangzhou, Nanjing and Tianjin, Chengdu has a relatively more active economy, slower pace of life and lower housing prices, all of which make most of its immigrant workers satisfied with their work and life there.

In many places, said Liu Dong, vice-president of Zhaopin, the biggest challenge for profession­als is a decline of life quality as they climb the ladder in their career.

That’s not so much of a problem in Chengdu, he added.

“Just like the slogan said, ‘Chengdu promises you a good future’ — realizing your dreams in Chengdu is making a home of your own,” he said.

Zhaopin analyzed the big data and future developmen­t of Chengdu, and said the attractive­ness of Chengdu will become stronger with the rise of the cities in central and western China and people who choose Chengdu will have a bright future.

Just like the slogan said, ‘Chengdu promises you a good future’ — realizing your dreams in Chengdu is making a home of your own.”

Liu Dong, vice-president of Zhaopin

 ?? LIANG LEI / FOR CHINA DAILY ?? Chengdu in Sichuan province boasts a widespread transporta­tion network, which contribute­s to creating a business-friendly environmen­t.
LIANG LEI / FOR CHINA DAILY Chengdu in Sichuan province boasts a widespread transporta­tion network, which contribute­s to creating a business-friendly environmen­t.
 ?? PROVIDED TO CHINA DAILY ?? A startup projects market in Chengdu facilitate­s collaborat­ion between investors and project initiators.
PROVIDED TO CHINA DAILY A startup projects market in Chengdu facilitate­s collaborat­ion between investors and project initiators.
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