Why Will the Annual Meeting of IDB/IDB Invest Boards of Governors be Held in Chengdu?

Authors: 成都发布

2019-03-12

The 60th annual meeting of the Boards of Governors of the Inter-American Development Bank (IDB) and Inter-American Investment Corporation (IDB Invest) will take place on March 26-31 here in Chengdu, China.


Annual Meeting of IDB in Chengdu
Why Chengdu?
IDB favored Chengdu's software and hardware strength after making site investigations to several candidate cities in China. Chengdu scored the highest points among the candidates.
1 Chengdu is accelerating the construction of a national central city that fully embodies the new development concept, leading and driving the efficient development of the western urban agglomeration.
2 Chengdu is accelerating the construction of western China's financial center by continuously strengthening the five core functions and speeding up the formation of a new financial industry ecosystem. Here, the economic level of financial service entity is significantly improved. Chengdu will continue to deepen financial reforms and increase its international influence as the financial center in western China.
Annual Meeting of IDB to be Held in Chengdu
3 Chengdu is now developing itself to be a world famous cultural city, a famous tourist city, a famous sports city, an international city of gastronomy, a city of music, and a city of exhibitions and conferences.
4 Chengdu is now integrating into the country's overall plan of opening up to the outside world, to become a strategic frontier for China's Western Development strategy and an international hub city.
Annual Meeting of IDB in Chengdu
More about the event:
Sponsored by the People's Bank of China and Inter-American Development Bank, and hosted by Sichuan Provincial People's Government and Chengdu Municipal People's Government, the event will be convened in Chengdu on March 26-31.
Major Activities "1 + 4"
"1":Annual Meeting of IDB/IDB Invest
"4":Mayor's Forum, Innovation, Entrepreneurship and SME Development Forum, Business Forum, High-level Seminar on Green Finance

Total number of participants: thousands of participants


Annual Meeting of IDB in Chengdu
Significance of the event to be held in Chengdu:
1 It releases positive signals to further promote economic, trade, investment and financial cooperation between China and Latin America in the near future.
2 It is conducive to the docking of the "Belt and Road" Initiative with the development strategies of Latin American countries in order to promote Sino-Latin American economic, trade, investment and financial cooperation to a new level.
3 It is conducive to displaying the 40-year achievements made in Sichuan since the implementation of reform and opening up strategy and promoting the construction of economic corridors and the financial center in western China.
4 It is conducive to strengthening multilateral economic and trade exchanges and making Sichuan an engine fueling western China's economic growth.


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