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Wuhan speeds up internationalization: Mayor

By Yang Yang | | Updated: 2019-03-24 16:34
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Wuhan in Central China's Hubei province is to make every effort in becoming an international hub. [Photo/VCG]

Wuhan, Central China's Hubei province, will promote high-quality development and accelerate its internationalization, said mayor Zhou Xianwang at a China Development Forum sub-forum in Beijing on Saturday.

Wuhan is prioritizing the construction of a new highland for the development of world-class industrial clusters in optoelectronic information, automobiles and parts, biomedicine and medical equipment, and environmental protection, Zhou said.

In its latest chapter of scientific and technological revolution and industrial transformation, the city will spare no effort in creating a platform for international technological innovation in optoelectronic information, digital design and manufacturing, and biosafety and technology, said Zhou.

Zhou Xianwang, mayor of Wuhan in Central China's Hubei province, delivers a speech at a sub-forum of the China Development Forum in Beijing on March 23, 2019. [Photo by Wang Zhuangfei/]

To make Wuhan Central China's gateway for international businesses, the city is building a global logistics hub, the mayor said, adding that Wuhan would like to strengthen supply chain cooperation to promote the construction of international and interconnected infrastructure in the city.

The city is also making every effort to create a globalized and convenient business climate, fully compliant with international laws, for international investors, said the mayor.

Zhou outlined how Wuhan will fully implement the Foreign Investment Law, deepen reform to facilitate investment and trade, and apply the pre-access "national treatment plus negative list" management system.

Foreign companies not on the negative list will be treated as equals with Chinese companies, Zhou said.

Themed Greater Wuhan: Embracing the World, the event attracted over 100 business leaders from 30 international companies, professors from world-famous universities, and government officials.

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