Continental AG, a member of the Fortune 500, held a management meeting of the Greater China on Nov 23 in Chengdu, the Sichuan provincial capital, and investigated the investment environment of the city.

Liu Chao, member of the standing committee of the Chengdu municipal CPC committee met with Jiang Kongke, president of the Asia-Pacific Continental AG to address the meeting.

Liu introduced Chengdu's history, culture, transportation, logistics, living environment, industrial development layout and human resources advantages. He said Chengdu would promote the development of the automobile industry and the related parts industry. The automobile industry is one of the most important industries in the city's Tianfu new area, with the general automobile industrial zone being the essential part of the new area. The city's automobile industry will come to a new development stage as the new area is being constructed.

The construction of the Chengdu-Chongqing economic zone and Tianfu new area brought an opportunity for the Continental AG to cooperate with Chengdu. Liu Chao said Continental AG is a world leading automobile parts supplier, and Chengdu has great development potential and development prospects for better cooperation on both sides. Chengdu will also provide high-quality and efficient services for the Continental AG and create a favorable investment environment.