Chengdu, capital of Sichuan province, is trying to make it easier for foreign-funded enterprises to do business by simplifying administrative procedures and increasing transparency.
Chengdu, capital of Southwest China's Sichuan province, has seen a boom in tourism since it adopted a 72-hour visa-free policy last September.
Fortune magazine Managing Editor Andy Serwer found Chengdu "a dynamic magnet for multinational companies", but the capital of Sichuan province has also had a strong pull on foreign political leaders recently.
Chengdu, a city in southwestern China traditionally known for its pandas and cuisine, plans to open more international air routes and attract 20 leading global companies this year to make itself more international.
CPC Chengdu Municipal Committee approved deepening the city’s reform in an all-round way and laid out its plan for economic and social reform during the third plenary session of the twelfth municipal committee held on Feb 24 to 25.
Sichuan's provincial capital Chengdu is expecting robust growth in its service industry this year now that local authorities have announced a new round of policies designed to stimulate the sector.
Chengdu will develop 8 high-end service industries, including financial service industry, science and technology service industry and information service industry.
Sichuan capital Chengdu had opened 70 passenger and cargo flights to foreign countries and regions by the end of last month, including 32 scheduled direct routes.
Chengdu, capital of Southwest China's Sichuan province, will start offering international transit passengers 72-hour visa-free stays from Sunday.
Three-day visa-free entry seen as fillip to tourism industry
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