US economist David Blair highlighted what sets Shanghai apart from cities like New York City at the "CEO: Grow with China" roundtable themed "Innovation, Inclusiveness, and Openness: Shanghai's Approach to Nurturing New Quality Productive Forces" on Oct 20.
While New York is dominated by finance—driving up costs and stifling innovation—Shanghai has built strong links with neighboring manufacturing hubs in Zhejiang and Jiangsu, blending technology, finance, and real industry into one ecosystem. Blair said new technologies linking with real production is the key for China's growth. #growwithchina