#China #Shanghai #IBLAC #Shanghai Port #Yangshan Deep-Water Port

IBLAC: Three Decades of Global Insight Shaping Shanghai's Future

The International Business Leaders' Advisory Council (IBLAC) for the Mayor of Shanghai will hold its 37th meeting on October 12, 2025. IBLAC has played a crucial role in transforming Shanghai into a global economic powerhouse over the past three decades. Established in 1989, this advisory council aims to provide valuable perspectives to local leaders, facilitating Shanghai's integration into the global economy.

A Legacy of Change and Development

The origins of Shanghai's modern ports, including the world's busiest Shanghai Port, trace back to key discussions at IBLAC meetings. In 1991, during its third meeting, a pivotal challenge was highlighted by Huub Crijns, then chairman of Dutch company Pakhoed. Crijns pointed out that the shallow waters at Shanghai Port could inhibit access for larger container ships, potentially stunting growth in trade.

This foresight was instrumental in catalyzing the development of the Yangshan Deep-Water Port, which is now known as the world's largest automated container terminal. Its establishment reinforced Shanghai's position as a central hub for global shipping.

Growth in Influence and Membership

IBLAC has evolved from an initial group of 12 members from eight countries to include 46 members from 15 countries today. Notable is the fact that 24 of these members are significant corporations listed among the Fortune Global 500. This broad representation underscores the growing influence of IBLAC in international business, with its members contributing approximately 35 billion yuan (roughly $4.9 billion) in annual tax revenue to Shanghai.

The council's members now come from not only traditional economic superpowers like the United States, Germany, and France but also dynamic emerging markets such as Thailand, Singapore, and South Korea. This diversity reflects Shanghai's transformation from a manufacturing hub to a global center of finance, trade, and technological innovation.

Evolving Themes and Strategic Focus

The issues discussed during IBLAC meetings have also shifted to match Shanghai's changing landscape. Initially focused on the enhancement of manufacturing value and barriers to foreign investments, the agenda evolved alongside Shanghai's integration into the wider world economy. In the early 2000s, conversations began shifting towards innovation, environmental sustainability, and amplifying the city's service industry.

Entering the 2010s, the focus included establishing a resilient, low-carbon city while enhancing Shanghai's soft power and its status as an international science and technology innovation center. This progression illustrates Shanghai's aspirations not only to maintain economic growth but also to become a leader in sustainability and innovation.

A Culture of Open Dialogue

IBLAC has helped cultivate a culture of open dialogue, with afternoon closed-door sessions introduced in 2009 allowing for candid discussions between business leaders and governmental officials. This has fostered trust and accountability between the council's members and local leadership. According to Severin Schwan, chairman of the Roche Group and current IBLAC chair, this open exchange is essential for building commitment and confidence in Shanghai's future.

The upcoming meeting promises to continue this legacy, with 40 members confirming attendance, bringing together a wealth of insights from global leaders as Shanghai moves towards its next chapter in economic development. As different industries evolve and adapt, the influence of IBLAC can be felt strongly in the decisions that will shape the city's future for years to come.

With the support of a diverse group of international business leaders, Shanghai has laid the groundwork for sustainable growth and innovation, ensuring its position on the global stage remains strong as we move into the future.