Business
2019.10.20 21:51 GMT+8

Global CEOs gather in Shanghai to advise city mayor

Updated 2019.10.21 14:55 GMT+8
Wu Lei

Dozens of global CEOs gathered in Shanghai on Sunday for the 31st annual meeting of the International Business Leaders Advisory (IBLA) Council. The meeting was focused on enhancing the city's capacity and core competitiveness, as heads of global enterprises offered their valuable advice and suggestions. 

Enhance the city's capacity and core competitiveness

After decades of rapid expansion, Shanghai is now home to thousands of global companies and institutions. Since 1989, global CEOs have annually gathered in Shanghai to offer their expertise to the city's mayor.  

Robert E. Moritz is the Global Chairman of PwC. He said the city should take more measures to introduce the right talents. 

Shanghai is one of the most dynamic and international mega cities in China. /CGTN Photo

Jean-Pierre Clamadieu, the Chairman of the Board of Engie, told CGTN that the core competitiveness of Shanghai relies on its environmental protection. He suggested Shanghai turn itself into a zero-carbon city, adding it will be a great achievement for the city to follow such a roadmap.

IBLAC witnessed great changes over the past decades

How to introduce more talents has become a key issue for international cities. /CGTN Photo

Around 33 global CEOs attended the meeting. Free Trade Zones, IP protection and technology innovation were some of the buzzwords that many mentioned. As a first-time attendee, Johnson Controls' Chairman George Oliver felt excited about offering his suggestions on developing Shanghai into a smarter city.  

George Oliver of Johnson Controls told CGTN that Shanghai should know how to better use the data, using new platforms of data in particular, to really enhance experiences in accommodation, work, learning or recreation. He thinks it is an opportunity to reinvent this incredible city by utilizing technology and data.  

At its founding, the council had only 12 members from seven countries. Today, it has grown into a true international think tank. While the early councils were dominated by business leaders from manufacturing industries, today's panels have been expanded to include finance, pharmaceuticals, and technology among other sectors. 

The 2019 IBLAC Chairman Michael Diekmann said suggestions proposed by the members address some very specific issues and could make life easier for businesses.   

Shanghai's experience of building an international city can be references for other cities to follow. /CGTN Photo

The 32nd IBLAC to be held on October 25

Shanghai Mayor Ying Yong announced that the 32nd IBLAC meeting is scheduled for October 25 next year. And the theme will be "Shanghai to its greater opening up and high quality development." 

From the business environment to innovative technology and connectivity, these global heads offered various suggestions on how to improve the city as a whole. Many say Shanghai's experience of pooling together global excellence and wisdom can be references for other cities to follow.

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