Shanghai welcomes top global enterprises

Shanghai welcomes top global enterprises to invest and expand businesses in the city, said Ying Yong, mayor of Shanghai, during a meeting with William Cohen, chairman and CEO of US-based Cohen Group, on March 29.

Ying said that the Sino-US bilateral relationship is one of the most important in the world today. A healthy and steady relationship benefits the people of both countries; therefore mutual cooperation is the path to a better future.

Shanghai, China's largest economic center, is on the fast track to becoming an international economic, financial, trade, and shipping hub, with scientific and technologically innovative resources.

The city will build a modern industrial system, create a legal, international, and convenient business environment, and a better ecological and cultural environment, and open its arms to top-rated enterprises worldwide.

William Cohen said that Cohen Group is willing to use its advantages to further promote exchanges and cooperation between Chinese and American enterprises and push the development of bilateral trade and investment.

Ying Yong (R), mayor of Shanghai, meets William Cohen, chairman and CEO of US-based Cohen Group, on March 29. [Photo/sina.com.cn]