PHOENIX – Mayor Greg Stanton said Monday that his recent visit to China gave him an opportunity to tout Phoenix as a place for international companies to do business.
“Our economy is going to in many ways sink or swim based upon whether we can fully participate in this international economy,” Stanton said at a news conference discussing the trip.
Accompanied by Barry Broome, president and CEO of Greater Phoenix Economic Council, Stanton attended the World Economic Forum from Sept. 11-13. Held in Dalian, China, the event brought together business, political and academic leaders.
Stanton served as a panelist, focusing on sustainability, in a session titled “Strategic Shifts in Urban Ecosystems.”
He said the conference allowed him to meet privately with international companies, more than two dozen, like Henkel, an international manufacturing concern that is based in Germany and has an office in Scottsdale.
Stanton said that as one of the nation’s largest cities it’s important for Phoenix to see itself as global.
“Our economy is going to in many ways sink or swim based upon whether we can fully participate in this international economy,” he said.
Broome and Stanton said they focused on building relationships with companies specializing in renewable energy and advanced technologies.
Broome said the trip resulted in three leads with international companies interested in expanding into or relocating to the Valley.
Meanwhile, Broome said, getting Chinese companies interested in investing in Phoenix has a lot to do with being one of the first markets to promote itself in that country.
“If you look at where international investments are made today, it’s made in the markets that were there first,” he said.
Stanton said the visit led to an invitation for him to attend the World Economic Forum next year in Tianjin, China, offering another opportunity to promote Phoenix not just as a place to do business but a place with companies ready to do business abroad.
“The more we can help our local companies go global, the stronger our economy will be,” he said.
- Telecommuting: 5 tips to make it work for employers and employees
- See how top CFOs feel about economic growth in the Valley
- Migraine myths that keep patients from effective treatments
- Here’s why Gaydos went tankless with his water heater
- 12 things to watch before the Oscars
- Bocce ball and basketball: How you can help Arizona's Special Olympics athletes
- Tips on building the best wine room in Arizona
- Avoid the nightmare: 6 tips to choose a great contractor
- Breast cancer: Improved testing and treatments means more survivors
- Best and worst of Super Bowl commercials
- Failed back surgery: New hope for patients living in pain
- Ticking time bombs: Telltale signs your water heater is about to explode
- Reading glasses could be a thing of the past
- 6 cool ways teachers are using technology in the classroom
- Emerging tech jobs in Phoenix and how to get one in 2017
- 4 top treatments athletes use for pain
- Emergency! What to do when bathrooms flood
- Operation Santa Claus needs holiday help
- This college bowl season is likely to be epic
- Arizona kids in crisis: How you can help
- 11 holiday classics for the ultimate movie marathon
- New treatment offers hope for migraine sufferers
- 11 stadiums to watch your favorite football team
- Shopping for a TV? Best models for 2016
- The new beer pairing guide for holiday foods
- Avoid this holiday plumbing disaster in your home
- 7 tips to avoid holiday weight gain
- New treatments mean better prostate cancer survival rates
- 5 of the scariest things found in drains
- 6 tips to create the best family movie night