In looking back at the success of the city’s investment promotion in 2011, Chen pointed proudly to the quick capital entry, large amount of investment, increased direct investment, investment quality, and concentration of projects.

The Intel West China Allocation Center meant a major capital increase for one of the Global 500 for 2012. In 2011, the capital increase show was lead by Dell, Lenovo and Hitachi. And, France’s Groupama set up its first global headquarters in Chengdu. Chengdu is second to none among western Chinese cities in the scale and level of new enterprises, from electronic information and automobile manufacturing to new energies and materials, finance, insurance, logistics, and aviation.

The electronic information industry is just one example. The Compal Group’s manufacturing base, which officially started construction work on January 19, 2011, has an estimated investment of more than $500 million dollars.

Its first “made in Chengdu” notebook left the production line on Dec 19 of the same year. Projects with more than $100 million in backing include that of the Wistron Group. Lenovo. Compal, Wistron, and earlier arrivals Foxconn, Lenovo, and Intel are a powerful force in Chengdu’s electronic information chain.

At the Global 500 Symposium, Ge Jun, executive director of Intel China, said that, “If it was a bold prediction when I told the media in Chengdu four years ago that the city would soon be an ICT city on a par with the coastal parts of eastern and southern China, then today I can say with great confidence that these quantitative changes will inevitably bring about a qualitative change and, in the near future, Chengdu will be a key base for China’s and the world’s high-tech industries.”