CDRF Holds Multinational Corporations’ Hebei Tour
From 20 to 22 September 2023, China Development Research Foundation (CDRF)
organized the Discovering Opportunities - Multinational Corporations’ Hebei
Tour, inviting senior executives of companies who participated in the China
Development Forum to Hebei, helping multinational corporations gain a deeper
understanding of Hebei's business environment and development opportunities, and
promote further cooperation.
During the three-day event, more than 50 executives from nearly 40
multinational corporations at home and abroad went to Shijiazhuang, Xingtai,
Xiongan New Area and Cangzhou to see firsthand the investment environment of
Hebei Province and discuss opportunities for cooperation.
The event was cohosted by China Development Research Foundation and the
Department of Commerce of Hebei Province, and organized by Hebei Investment
Promotion Service Centre, Shijiazhuang Investment Promotion Bureau, Cangzhou
Municipal Bureau of Commerce, Xingtai Municipal Bureau of Commerce, and Xiongan
New Area Administrative Committee.
On the evening of 20th, leaders of Hebei Province exchanged views with
delegates of the tour. On behalf of the provincial party committee and the
provincial government, Jin Hui, Vice Governor of Hebei province, warmly welcomed
the arrival of Fang Jin, Vice Chairman and Secretary-General of the CDRF and the
delegates, and hoped that multinational corporations would strengthen
cooperation and exchange with Hebei, and work hand in hand to create a better
future.
Fang Jin said he looked forward to corporations taking the opportunity to
scope the development of Hebei Province, seek win-win cooperation, so as to
jointly promote the development of Beijing-Tianjin-Hebei area.
On the morning of the 21st, the delegation and Shijiazhuang Municipal
Government held a meeting for investment cooperation, Fang Jin, An Jing,
inspector of Hebei Provincial Department of Commerce, and Li Weijun, deputy
mayor of Shijiazhuang, delivered speeches. Officials from Shijiazhuang Bureau of
Investment Promotion, Shijiazhuang Hi-Tech Zone Bureau of Investment Services
and delegates of the tour joined the discussion.
After the meeting, the delegation inspected the International Biomedical Park
Display in Shijiazhuang High-tech Zone, and visited WuXi Biologics, Parr
Biotechnology and other key biomedical projects.
In the afternoon of the 21st, the delegation went to Xingtai to visit Dongyu
Industrial Park, Huawei (Xingtai) Big Data Industrial Park, Xingtai
International Convention and Exhibition Center, Xianghu Business Park, Xingtai
Financial Center, Garden Expo Park and Taihang Ecology Civilization Hall, etc.,
to gain a deeper understanding of the advantages of Xingtai and its Hi-tech
Industrial Development Zone.
Song Huaying, Deputy Secretary of Xingtai Municipal Party Committee and Mayor
of Xingtai, attended the meeting and delivered a speech, and the delegation said
that the event had broadened the communication platform between enterprises and
the government.
Wang Yinghua, VP of the Cohen Group, said that he is heartened by the
impressive achievements of Hebei. Hebei's resource advantages and industrial
endowments, coupled with coordinated development of Beijing-Tianjin-Hebei, have
given full play to the advantages it has accumulated over the years. He believes
that the Chinese market will continue to attract more foreign investment in the
future owing to market potential and supply chain advantages.
On the morning of 22nd, the delegation went into Xiongan New Area, visited
and inspected the planning hall, the service center, the International Trade
Centre and other key projects, and exchanged views with the management committee
of Xiongan New Area.
At the meeting, Yu Guoyi, Deputy Director of Xiongan Management Committee,
delivered a speech, Song Lifeng, Director of the Investment Promotion Service
Centre, introduced the investment environment of the new area, and the
delegation had free exchanges with relevant local officials, expressing interest
in future investments.
Zhu Hailuan, VP of Sanofi Greater China, said that the future-oriented
planning of Xiongan is very imaginative. The technology and innovation center in
Xiongan is attractive to biopharmaceutical companies. She noted that Xiong'an
has emphasized the construction of a policy system that protects and encourages
innovation, which will provide a good foundation for companies.
In the afternoon of 22nd, the delegation came to Cangzhou to inspect Huanghua
Port and held exchange with the local government. Yao Xingfu, Deputy Secretary
of Cangzhou Municipal Government, delivered a speech, and the delegation
enterprises exchanged freely with local officials.
During the event, Fang Jin said that Multinational Corporations’ Hebei Tour
is committed to building a platform for communication, exchange and cooperation
between multinational corporations and local governments. Over the past few
years, CDRF has organized tours to Hainan, Hubei, Shandong and the
Guangdong-Hong Kong-Macao Greater Bay Area, which have achieved very good
results.
Fang said that Xi Jinping's visit to Hebei in May this year has attracted
attention from domestic and international enterprises. They are interested in
knowing what kind of investment opportunities Hebei will provide. CDRF organizes
these tours to help local governments attract investment; and help multinational
corporations to gain a comprehensive and in-depth understanding of local
economic development and investment promotion policies, as well as potential
investment opportunities.
In the future, CDRF will continue to organize various forms of exchanges, so
that foreign enterprises can understand China’s development, the direction of
Chinese policies, and the new investment opportunities brought about by China's
high-quality development.
