ChaoGlobal, an online and offline platform designed to support foreign companies in their international business endeavors, was launched on Monday during the annual CBD forum in Beijing.
The initiative, prepared by Beijing's Chaoyang district and its Central Business District, aims to leverage the economic strength of the area to assist businesses in expanding globally, rather than focusing solely on domestic firms.
As the first platform of its kind developed by a district-level government and its thriving business area, ChaoGlobal will provide a comprehensive suite of services.
They will encompass guidance on overseas investment filings, policy consultation, risk management, professional resource connections and the development of international collaboration networks.
Wu Xiaojie, Party chief of Chaoyang, said: "The district's CBD hosts the headquarters of most multinationals in Beijing, international organizations, and a growing number of international science and technology organizations. We are eager to provide more support in finance, science and technology, intellectual property rights, personnel, technological links and AI-empowered scenarios."
