Representatives from foreign enterprises talk with Hangzhou officials at a roundtable on March 28. [Photo/WeChat account: hzstcj]

Hangzhou held a foreign enterprise roundtable on March 28, bringing together nine multinational companies, including Owens Corning and Morgan Stanley, and government officials from nine municipal departments.

The event aimed to enhance communication between companies and the government, address concerns from companies, and optimize Hangzhou's business environment.

Hangzhou is actively attracting investment in smart internet of things, biopharmaceuticals, high-end equipment, new materials, and green energy. One participating company announced plans to relocate its sales center to Hangzhou, integrating production and sales operations to tap into the city's growing market potential.

Ahead of the meeting, the Hangzhou investment promotion bureau collected key concerns from foreign enterprises and invited relevant departments for direct discussions. Topics ranged from talent policies and social security to intellectual property protection and R&D collaboration.

"This is my first time at such a roundtable, and I was impressed by the efficiency – our concerns were addressed on the spot," said Pan Feng, head of MegaRobo, a sci-tech company providing advanced production tools and digitalization capabilities for life sciences, applied chemistry, and advanced manufacturing, who received instant policy guidance from city officials.

Moving forward, Hangzhou will continue to facilitate direct engagement, improve its foreign investment complaint mechanism, and provide on-site services to ensure a business-friendly environment for global enterprises.