Xi'an, capital of Northwest China's Shaanxi province, has become a hot spot for entrepreneurs to invest and start businesses -- and for entrepreneurship and innovation -- due to its favorable business environment.
On April 2, Xi'an was honored among the top 10 cities for investment attractiveness, the top 10 cities for foreign investor satisfaction and the top 10 best cities for investment and entrepreneurship at the 2021 Global Promotion Event for Business Investment Attraction held in Beijing.
Hosted by Global Times, the event carried out surveys and research focusing on several categories, including the new era, cluster industry chain, new infrastructure, new additions and investment attractiveness.
During the meeting, Xi'an promoted its investment environment in six areas, including its rich science and education talent resources, strong industrial foundation, obvious location and transportation advantages, optimized business environment and favorable living environment.
At present, the city has taken industrial investment as an important starting point for accelerating the construction of a strong advanced manufacturing city, leading the upgrading of the city's industrial structure and the transformation of economic development.
According to statistics, enterprises in 93 countries and regions worldwide have invested in Xi'an, and 242 of the Fortune Global 500 companies have established branches in Xi'an.
Nowadays, Xi'an is becoming a vibrant city led by technology, innovation and entrepreneurship, welcoming more enterprises to settle.