PR89895

WEIHAI, China, June 3, 2021 /PRNewswire=KYODO JBN/ --

On May 29, the international economic advisory council of Weihai, operating

under the aegis of the city's mayor, held its fourth annual meeting, according

to a report published on the website of the State Internet Information Office

of the People's Republic of China. In a series of meetings that took place both

online and in person, the 19 members of the advisory council presented their

recommendations on how to understand and take advantage of the trends in both

the domestic and global economies in order to best execute on transforming

Weihai into an international city, and, once such transformation is achieved,

on how to best continue staying relevant in international markets as economic

trends evolve".

Mr. Zhang, the Municipal Committee secretary, explained that, during the course

of the first three annual meetings, the members of the advisory council had put

together a list of some 400 proposals outlining the steps that Weihai should

take to become an international city, as well as how to plan the next phases of

real estate development and what strategies to adopt to assure quality growth

as the city looks to the future. The proposals have been well received by the

various stakeholders, who have all said that they constitute very much the best

advice the city has received in terms of its future economic and social

development.

Mayor Yan said in his keynote speech that Weihai is striving to improve the

technical prowess and core competitiveness of its industrial chain while

continuing to promote innovation, bring together the best when it comes to

available resources, and inspire the companies that have set up shop in the

city to give full play to their role as forward-thinking, innovative

entrepreneurs. He further added that the city must continue to expand policies

that further open up the economy, while leveraging advantages in terms of its

location and in being a seaport, in addition to promoting international

cooperation across all sectors.

Mr. Simonnet said in his speech that in the past year, Weihai had overcome

multiple challenges brought about by the epidemic, through steps that the city

had taken to support the rapid recovery of the local industry, attract foreign

investment, promote the comprehensive integration of the surrounding region as

well as achieve positive results in the realm of economic and social

development. All members of the council affirmed and expressed their

appreciation of city's success in carrying out these actions.

The 19 members, who, collectively, originate from 10 countries and regions,

combined the research that they undertook and the expertise that they each have

in their respective industries to deliver informative speeches on intelligent

manufacturing, healthcare, marine fisheries, trade and investment, urban

planning and energy, as well as on other topics, to help Weihai achieve its

transformation into a truly international metropolis.

SOURCE: CRI Online

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