(Mr. Greenberg was interviews by the media while attending the 23rd IBLAC in 2011.)

Consisting of 500 people, 60% of whom are foreigners, IBLAC is like a think tank. It has been chaired by many entrepreneurs from Mr. Greenberg to Mark Weinberger (Chairman and CEO of EY), and many of its members are managers from the world’s top 500 companies. All of them have come to Shanghai to contribute wisdom to the city’s development.

The changes in IBLAC’s topics over the years are the epitome of Shanghai’s development. 30 years and 36 topics: from Pudong’s development and opening up to the entry into WTO; from urban planning to the reform of state-owned enterprises; from addressing the challenges of the international financial crisis to Shanghai’s all-round reform and opening up in the new era. They reflect Shanghai's trajectory of transformation, from a traditional industrial and commercial city to a multi-function city.

(Business executives from all over the world at the 25th IBLAC)

The change in the form of the council also proves Shanghai’s open attitude while communicating with the world. In the past, IBLAC was mainly presented through the speeches of experts. Starting from the 15th IBLAC, group discussion was adopted and carried out, when the mayor, deputy mayor and business executives sat together to offer insights.