On the afternoon of April 11, the 2019 Promotion Conference for Chengdu 
Shuangliu Japanese-funded Enterprises (Shanghai), themed on "The Hub of 
Aviation Economy, The Premier Portal of Chengdu", was held in Shanghai by the 
People's Government of Shuangliu District, Chengdu Municipality. 
Representatives from over 70 enterprises such as Okura Garden Hotel Shanghai, 
BTG-Nikko International Hotel Management Co., Ltd., and SC Construction 
Machinery (Shanghai) Corporation, and the responsible persons of the Business 
Bureau of Shuangliu District and the Investment Promotion Bureau of Shuangliu 
District attended the conference.

China and Japan are close neighbors. Since the Han Dynasty, exchanges and 
cooperation between the two countries have lasted for more than two thousand 
years. Since the formal establishment of diplomatic relations between China and 
Japan in 1972, economic and trade exchanges has become an important form of 
cooperation between the two countries, and a multi-level, multi-field and 
multi-form mutually beneficial cooperation pattern has been established. In 
order to consolidate and deepen the fruitful exchanges and cooperation between 
the two countries, on January 12 this year in Chengdu, Sichuan Province of 
China engaged a dialogue with Shikoku of Japan covering Hiroshima-ken, 
Okayama-ken, Ehime-ken, and Kagawa ken. The two parties jointly released the 
Declaration of China-Japan Friendship in Sichuan, opening a new chapter in 
friendly exchanges and cooperation between Sichuan and Japan. As the capital 
city of Sichuan Province, Chengdu is one of the nine central cities in China 
and the preferred place in the middle west of China for investment by Japanese 
investors. In recent years, 397 Japanese-funded enterprises including 38 of the 
Fortune 500 companies have settled in Chengdu, with the Japanese investment 
totaling over 2 billion US dollars. A large number of well-known Japanese 
companies such as Toyota, Kobe Steel, Sumitomo Electric Industries, and Seven & 
i Holdings have entered Chengdu in succession. They have not only been deeply 
integrated into the development of Chengdu, but also have yielded fruitful 
results.

At the promotion conference, Mr. Ito Chiyuki, director of the Japan-China 
Economic Association Shanghai Office, delivered a speech, and Zhang Ruiqin, 
Deputy District Head of the Shuangliu District Government, introduced the 
Chengdu Shuangliu China-Japan Economic Cooperation Corridor. Representatives of 
Chengdu CEC Panda LCD Technology, SCCM, and Fujian Jiade Investment Development 
Co., Ltd. respectively introduced the development of their company in Shuangliu.

It is reported that in order to promote the spirit of the Declaration of 
China-Japan Friendship in Sichuan to be implemented in Shuangliu, and to help 
deepen China-Japan economic and trade cooperation, Shuangliu is now fully 
planning to build the "China-Japan Economic Cooperation Demonstration Zone" 
that includes "China-Japan Industrial Cooperation Corridor" and the Shuangliu 
International Airport Business District. The Corridor and the Business District 
will be the core of which Shuangliu is making great efforts to construct. 
Shuangliu strives to build itself into a preferred place for Japanese-funded 
enterprises to invest in Sichuan and Chengdu.

At the promotion conference, Xian Rongsheng, Vice Secretary of Party Committee 
of Shuangliu District and Head of the District, issued Investment Promotion 
Ambassador Certificate for Mr. Ito Chiyuki, director of the Japan-China 
Economic Association Shanghai Office and Jin Nakamura, director of the Shanghai 
Japanese Commerce & Industry Club. Xian also issued Certificate of Chief 
Planning Officer for Daimatsu Town, executive director of Nikken Sekkei Ltd and 
the president of Urban division, and Takagi Yiyu, design minister of Urban 
division of Nikken Sekkei Ltd and Chief Planning Officer of TOD. Chen Jianlin, 
Deputy Director of Shuangliu District, on behalf of the People's Government of 
Shuangliu District, signed investment cooperation agreements with BTG-Nikko 
International Hotel Management Co., Ltd. and Komatsu.

BTG-Nikko International Hotel Management Co., Ltd. and the People's Government 
of Shuangliu District has lined up a partnership proposing to build a Nikko 
hotel in Shuangliu District to be operated by Okura Nikko Hotels Management 
Co., Ltd.; Komatsu and the People's Government of Shuangliu District reached an 
agreement on cooperation on building Komatsu's headquarters in Shuangliu.

Source: The Business Bureau of Shuangliu District