Tianjin enjoys benefits of hosting Summer Davos

While the city has used the event to attract foreign investors, local companies have used it as a way to reach out overseas, Zhu Wenqian reports in Tianjin.

The 2014 Summer Davos Forum is being held in Tianjin from Wednesday to Friday. It is the fourth time Tianjin has hosted the event, and the city hopes to once again leverage economic opportunities from it, said event organizers.

"Tianjin aims to advance trade with foreign countries, and invite foreign investments into the city," said Wang Hezhen, deputy director of the Tianjin Event and Conference Office.