Forbes China Chief Editor, CEO Laud City’s Climate for Innovation

Authors: Li Gen

2018-08-21

During the 2018 Forbes China Innovation Summit convened August 14-17, Messrs. Russell Flannery, Forbes China Chief Editor, and Sherman Lee, Forbes China CEO, received an interview with media covering the event.
Mr. Russell Flannery: Chengdu boasts great potential for and capability of innovation.
Messrs. Russell Flannery, Forbes China Chief Editor
"I think that Chengdu's potential for and capability of innovation are reasons why the summit was held in the city," said Mr. Flannery, adding that Chengdu, blessed with profound culture and rich technological resources, has attracted a large number of talents and capital. He believes that there will be more multinational companies to invest and expand their presence in the southwest China's city.
Mr. Flannery hopes for further exchange and partnership with Chengdu in the future. For instance, the city can make its local companies known to the outside world via the platforms of Forbes outside China.
Mr. Sherman Lee: Chengdu will spearhead China's economic restructuring and upgrading.
Sherman Lee, Forbes China CEO
Mr. Lee said that Chengdu's history and achievements having made during the process of modernization have proven the city's powerful innovation capabilities. With the growing presence of Fortune Global 500 companies, an increasing influx of well-educated talented people, an ever improving business environment, as well as strong support from China's national strategies, Chengdu will be a bellwether for China's economic restructuring and upgrading.
"Chengdu is an ideal place to work, to do business and to live," said Mr. Lee, noting that "fast growth and slow life" is the best epitome and distinct feature of the city's fast economic and social development. Its innovation-friendly atmosphere is its most powerful driving force for innovation.

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