Shanghai will step up efforts to woo foreign enterprises into the city and build a global platform to facilitate imports, Mayor Ying Yong said at the 30th IBLAC meeting.
IBLAC stands for International Business Leaders’ Advisory Council. The IBLAC forum was initiated in 1989 by then Shanghai Mayor Zhu Rongji, who later became China’s premier. It has grown into an international think-tank for Shanghai mayors. Starting with 12 members from seven countries, its membership has since expanded to nearly 50 from 16 nations.
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