zhaoqizheng

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Fortune Forum Well Prepared

Zhao Qizheng, director of the State Council Information Office, said in September 21's People's Daily that the Fortune Forum to be held in Shanghai from September 27 to 29 has been well prepared.
Zhao said that the decision by Time Warner to chose Shanghai as the host for the forum indicates that international financial circles are paying great attention to China's economic development.
"It's was decision following careful consideration by Time Warner, rather than prompted by a sudden impulse, "said Zhao.
Since China adopted its reform and opening up policy in 1978, the country has used foreign funds totaling 280 billion US dollars, and become an important partner for many of the world's multinational corporations.
Statistics show that some 80 to 90 firms of the first 100 in this year's Fortune top 500 list have invested in Shanghai.
More than 800 participants, including presidents and representatives from multinational corporations from overseas as well as Chinese companies will attend the Forum whose theme is " China: The Next 50 Years." So far, more than 600 journalists have registered to cover the conference.
The meeting will focus on business opportunities and challenges, economic issues, and practical realities related to conducting business in China today and in the 21st century.
Zhao noted that China has made every effort to ensure the success of the forum.
The Shanghai International Convention Center and the Pudong International Airport are both now operational. The new Shanghai International Convention Center, after trial operations, is fully capable of meeting all the needs of the conference, said Zhao.

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