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2020 Forbes China Innovation Summit Sees Bright Future For Chengdu, Technology Advancement

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2020 Forbes China Innovation Summit Sees Bright Future For Chengdu, Technology Advancement

November 18
23:20 2020

The 2020 Forbes China Innovation Summit (“the Summit”) was held on October 29-30 in historic Chengdu in southwest China. Attendees hailed the gathering of 300 entrepreneurs, government officials and business experts as a success. The event was held alongside the 2020 Chengdu Global Innovation and Entrepreneurship Fair, also known this year as the First International Blockchain Industry Expo. Under the theme “New Breakthroughs in Global Innovation,” participants explored the possibilities of innovation-driven development from a global perspective.

The event was particularly timely. In early 2020, China’s State Council elevated the development of the “Chengdu-Chongqing Twin-City Economic Circle” connecting Chengdu and the nearby city of Chongqing to the status of a national goal. Chengdu, already ranked Beta+ by the Globalization and World Cities (GaWC) Research Network as early as 2018, topped other new tier-one cities in China.

This year’s Forbes China Innovation Summit was the third of its kind, following successful gatherings in 2018 and 2019. The event aims to promote exchanges and integration across industries, advance international business development, and introduce China’s innovations to the world.

Among the speakers were: Sherman Lee, executive director of Forbes Global Media Holding and CEO of Forbes China; Mike Perlis, vice president of Forbes Global Media Holding; Russell Flannery, chief China advisor of Forbes Global Media Holding and editor-in-chief of Forbes China; Tiffany Yam, executive director of Forbes Global Alliance; Moira Forbes, executive vice president of Forbes Media; Chen Fu, chairman of the Chengdu Municipal Bureau of Exposition and China Council for the Promotion of International Trade Chengdu Sub-council; Zhang Ping, vice director of Chengdu Investment Promotion Bureau; and Huo Jianguo, former president of the Chinese Academy of International Trade and Economic Cooperation and vice president of China Society for World Trade Organization Studies.

Other speakers included: Cao Xinchi, vice president of Sangfor Technologies and CTO for the company’s cloud business; He Yuliang, vice general manager of Guangdong Aofei Data Technology; Chen Yongli, vice general manager of the 5G solution center at Inspur Group; Zhou Hongcheng, general manager of information technology of West China Institute of China Information Consulting & Designing Institute and board member of Sichuan Communications Administration Association; Zhang Shuai, vice president of Hangzhou Qulian Technology; Fan Ruibin, blockchain head and vice general manager of the distributed business technology department at WeBank; Zhang Yibo, head of the blockchain product line at Hundsun; Deng Ke, board member of China Blockchain Application Research Center; He Xiaopeng, chairman of Xpeng; and Xu Xiang, executive general manager and Southwest Regional Principal of Shenzhen Capital Group.

Additional speakers were: Yu Lifeng, managing partner of VStar Capital; Xu Qiyuan, vice president of Neolix; Wu Jian, head of the smart sensor business at Hesai Technology; Lou Yuqiang, partner and vice president of Suzhou Plusgo Auto Technology; Li Feng, vice president of the new energy business at LONGi Green Energy Technology; Dong Xiangguo, CIO of Advanced Micro-Fabrication Equipment Inc. China and general manager of We-Linkin; Han Yu, board secretary of AK Medical Holdings; Guan Zhisheng, vice general manager of Hybribio Biotech; and He Fang, general manager of Sinoseal Holding.

The event also celebrated members of the 2020 Forbes China Up-and-Comers List of publicly traded companies. Five listees among the group of 50 members come from Chengdu: Sichuan Haite High-tech, Tianli Education International Holdings, Sinoseal Holding, Chengdu Jiafaantai Education Technology and Chengdu ALD Aviation Manufacturing Corporation. Their success allowed Chengdu to boast the second-largest number of listees among Chinese cities. Chengdu is well on track to advance in innovation, speakers noted. With a unique charm, it is increasingly serving as a gateway for China and international businesses. 

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