The city is a crucial component of the national western development strategy.

Statistics show that from 2005 to 2010, China's average annual economic growth rate was 11.2 percent. The rate was 13.6 percent in western China and 13.7 percent in Sichuan.

To a great extent, the future of China's western region largely relies on Chengdu.

The resilience of the city despite challenges it has faced throughout history is a characteristic shared with Volvo, which has also withstood the test of time.

Some 86 years after it was established, Volvo's brand has become synonymous with quality and safety worldwide.

While navigating the ups and downs of its development, Volvo's leadership has vowed to become a greater and more highly respected luxury brand.

Again, the notion is found in the forum's commitment to monitoring trends while envisioning the future.

Delwyn Gray, one of the organizers of the Chengdu forum, said development potential and trends are important factors for the forum when choosing a partner.

Volvo chose to partner with the forum not only because of its fame. The cooperation shows the carmaker's commitment to making China one of its most important markets.

Through this forum, Volvo will let the world see how it is placing faith in the Chinese market and growing stronger since its acquisition by Geely two years ago, the company's executives said.