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Chengdu wows at global innovation, business fair

THE 2017 Chengdu Global Innovation and Entrepreneurship Fair, the biggest innovation fair held annually in west China, opened today in Chengdu to display the latest technologies and products, boost cross-border trade and attract more talents to the capital of Sichuan Province.

More than 600 exhibitors, including giants such as Huawei, GE, Siemens and Tencent, investment and trade arms such as IDG and start-ups attended the fair, displaying more than 1,000 devices in an exhibition space of more than 40,000 square meters.

About 600 people, including four Nobel prize winners, Chinese and foreign government officials, venture capital and private equity investors and business executives attended the fair’s related conferences and forums.

“Innovation and entrepreneurship are in the genes of the city of Chengdu, which aims to become a center of innovation, science and transportation in west China and globally,” Fan Ruiping, Party secretary of Chengdu, said during the opening ceremony in the fair.

Located in southwestern China, Chengdu has become a hub of cross-border transport and trade under the national “One Belt, One Road” strategy, Fan added.

European Union ambassador to China Hans Dietmar Schweizgut said EU and China had a shared vision of science innovation and sustainable development, which brings both sides close together.

The newly-built Business and Innovation Center for China-Europe Cooperation also opened today in Chengdu, with an investment of 3 billion yuan (US$435 million), covering 210,000 square meters.

The center, regarded as a “flagship window” on China-Europe trade and cooperation, features a trade center, technology center, start-up incubator, European firms’ regional headquarters and service platforms.

Latest technologies and trends in artificial intelligence, big data, wearable computing and quantum computing were discussed at the fair’s sub-forums, such as the Silicon Valley Innovation Entrepreneurship Forum (Chengdu) and the US-China Innovation and Investment Summit 2017 (Chengdu).




 

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