European firms eye opportunities in Hubei

Central Chinese province vital growth driver for Yangtze River Economic Belt

WUHAN — "2024 Cherry Blossom Viewing: Business Cooperation & Fortune Global 500 Dialogue with Hubei" hosted a series of activities in late March in Wuhan, Hubei province, with an eye on international cooperation between European enterprises and the central Chinese province.

More than 600 attendees, including diplomatic envoys, representatives of domestic and overseas governmental agencies and international economic organizations — as well as executives of Fortune Global 500 enterprises and well-known firms — took part in discussions on deepening investment in the Chinese market, promoting green and open development, and enhancing supply chain efficiency.

Hubei is a vital growth driver for the development of the Yangtze River Economic Belt. It has great market vitality and serves as the financial and technological center of Central China. Over the years, the province has been working closely with European countries to facilitate the expansion and enhancement of bilateral trade and investment.