Vale(US:VALE) Jie Fang Ri Bao·2025-10-11 01:41Core Insights - The Shanghai Mayor, Gong Zheng, welcomed the participation of Vale S.A., Mizuho Financial Group, and Sumitomo Mitsui Trust Holdings in the 37th Shanghai Mayor's International Entrepreneurs Consultation Meeting, emphasizing the importance of international enterprises in Shanghai's development goals [1][2] - The meeting serves as a platform for enhancing cooperation, sharing advanced ideas, and promoting international collaboration, particularly in the context of the complex global landscape [2] Group 1 - Shanghai is accelerating its development towards becoming a world-class socialist modern metropolis, guided by the "Five Centers" strategy as per President Xi Jinping's directives [1] - The city aims to create a market-oriented, law-based, and international business environment to support the growth of various enterprises, including international ones [1] - The annual consultation meeting is viewed as a significant event for fostering friendship and collaboration among international business leaders [1] Group 2 - Vale's Chairman, Stone Shi, Mizuho's Chairman, Seiji Imai, and Sumitomo Mitsui's CEO, Takashi Nakajima, expressed optimism about the opportunities in China's market and Shanghai's bright development prospects [2] - They emphasized the need for international enterprises to find the right direction and develop smarter strategies amidst the complex global situation [2] - The leaders expressed a desire to deepen cooperation, implement more collaborative projects, and support both foreign enterprises entering China and Chinese enterprises expanding abroad [2]