On April 10, the US-China Business Council (USCBC) and China Investment Promotion Agency (CIPA) of Ministry of Commerce (MOFCOM) jointly held roundtables with representatives of USCBC member companies and municipal leadership of Jinan, Ningbo, and Taicang. The USCBC member delegation was led by USCBC Shanghai Office Chief Representative Owen Haacke and consisted of 13 senior executives from US companies. MOFCOM CIPA Deputy Director-General Li Yong led the discussion between USCBC members and municipal leadership.
The Jinan delegation was chaired by Vice Mayor Li Zijun and was composed of 8 officials from different government agencies including the Investment Promotion Bureau, Industry and Information Technology Bureau, and Science and Technology Bureau. The Ningbo delegation, led by vice Secretary-General Yan Weiguo consisted of 10 bureau chiefs and directors from the Investment Promotion Bureau, Financial Affairs Office, Bureau of Commerce, and Science and Technology Bureau, among others. The Taicang delegation was headed by Vice Mayor Gao Bin and included officials from the Environment Protection Bureau, Investment Promotion Bureau, and Economic and Technological Development Zone.
The five-hour discussion included three separate roundtable discussions between company representatives and leadership of the three cities, where the group had straightforward and constructive conversations. Discussion covered a range of topics, such as cities’ opening up policies, foreign investment promotion, high-end and intelligent manufacturing, environmental enforcement and compliance, IPR protection, and business opportunities in certain industries.
The Jinan vice mayor mentioned Shandong is promoting several key industries such as big data, intelligent manufacturing, advanced equipment, and biotech. He also emphasized Jinan’s effort in IPR protection, noting that the city is one of the five trademark review centers nationwide and has set up a local IPR court. The Ningbo leadership highlighted city’s port and location advantage, and unveiled its plan to foster industrial clusters in new materials, high-end manufacturing, and in the IT industry. The Taicang vice mayor welcomed more investment, and offered detailed information about Yangtze River environmental policy and enforcement.
After each representative from US companies gave their remarks, municipal officials were able to provide direct feedback.