Shanghai and New York Forge Deeper Ties as Subnational Cooperation Benchmarks

The launch of OUR WATER Season 3 in New York highlights Shanghai and New York as models for China-U.S. subnational cooperation, focusing on shared opportunities in finance, trade, and urban innovation.
Shanghai and New York Forge Deeper Ties as Subnational Cooperation Benchmarks

The launch ceremony and New York Forum for OUR WATER Season 3, held on June 30, 2026, at Bloomberg Headquarters in New York, marked a significant step in deepening ties between Shanghai and New York. Themed "Rivers of Opportunities," the event brought together over 200 guests from political, business, finance, and cultural sectors to explore commonalities between the two global hub cities. Co-hosted by Bloomberg L.P., the forum featured notable attendees including Michael R. Bloomberg, Founder of Bloomberg L.P. and Bloomberg Philanthropies; Tang Zhiwen, Minister of the Embassy of the People's Republic in the United States; and Chen Yiqun, Director-General of Information Office of Shanghai Municipality.

The forum underscored the distinct advantages Shanghai and New York share in finance and trade, while addressing common challenges in urban renewal, low-carbon development, and digital transformation. A panel titled "Investing in China, Winning the Future" discussed how global capital views the Chinese market, shifting from traditional growth narratives to AI, high-end manufacturing, and financial opening-up. Shanghai's role as a gateway for international capital was emphasized, linking global investors with opportunities in China.

Another panel, "Opportunities in Emerging Consumer Markets," moderated by Bloomberg Television host David Westin, highlighted consumer vitality in both cities, driven by their ability to create experiences and activate urban spaces. The event also included cultural exhibitions such as "West Meets East·Shanghai & New York 2026 - A Polaroid 20×24 Special Exhibition" and "Chinese Opera: A Century of Dreams," alongside a showcase of Shanghai's "One River, One Creek" and Jing'an CAZ China-U.S. Business Leaders Dialogue.

Tang Zhiwen noted in his address that Shanghai and New York are expected to become benchmarks for subnational cooperation between China and the United States, contributing to a "constructive China-U.S. relationship of strategic stability." The forum's focus on open dialogue and mutual learning aims to inject stability into bilateral relations, emphasizing shared certainties amid global uncertainties.

For more details, visit the full announcement at https://www.media-outreach.com/our-water-season-3.

Burstable New York Team

Burstable New York Team

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