国内英语新闻:Fortune forum to highlight "China's New Future"

The region has attracted international enterprises by stepping quickly into subordinate markets. And Chengdu is the gate to China's vast inland, said Ge Honglin, mayor of Chengdu.

There are 24 international air routes shuttling from around the world to Chengdu Shuangliu International Airport, which is a national-level aviation hub on a par with Beijing, Shanghai and Guangzhou, according to Ge.

And nine countries have set up consular institutions in Chengdu, he added.

Multinational companies are setting their eyes on China, which is a huge market with incomparable advantages over other emerging markets, said Zhuang Jian, a senior economist with Asian Development Bank.

With its growing economy and stable social environment, China is now showing more concern for its continuous and harmonious development, which are also essential factors for multinational companies in making investment decisions, Zhuang believes.

Chengdu and some other regions in western China have performed very well in recent years, after failing to keep step with the fast-developing east of China in the past.

China is now experiencing a regional industry upgrading. Compared to the fast-moving east of China, the west has competitive advantages in essential production factors, including cost, strong government support and abundant human resources, said Zhuang.

The global industries' relocation is establishing a clear road map for other major players moving to newly emerging countries. As the most prestigious member of this group, China is witnessing the trend moving to its vast western regions, according to the Asian Development Bank economist.

China initiated a new round of western development policy support in 2011 to boost its less developed regions -- which include six provinces, five autonomous regions and Chongqing municipality, and account for more than 70 percent of the Chinese mainland's land space.

The central government prioritized its "Go West" strategy in the country's new five-year plan, offering preferential policies supporting continuous development in the western regions.