Country for PR: China
Contributor: Xinhua News Agency
Thursday, October 24 2019 - 15:56
AsiaNet
The First Qingdao Multinationals Summit Closed
QINGDAO, China, Oct. 24, 2019 /Xinhua-AsiaNet/--

The two-day Qingdao summit for leaders of multinational corporations concluded 
on October 20. The summit provides a new platform for dialogue and exchanges 
with multinational corporations, and a new stage for exchanges and cooperation 
between multinational corporations, according to a representative of the 
Shandong provincial government at a press conference in the afternoon.

According to China Council for the Promotion of International Trade Shandong 
Sub-council, the Qingdao Multinationals Summit at 2019 "New Growth Drivers" 
Qingdao Fair was approved by the State Council and co-hosted by the Ministry of 
Commerce, and the Shandong Province. It is the world's first high-level meeting 
established for multinational corporations. The summit focuses on promoting the 
China (Shandong) Pilot Free Trade Zone and arranged 7 industrial road shows and 
7 city road shows for new growth drivers in the top 10 industries. The 261 
participating enterprises included leading enterprises from Germany, the United 
States, France and other countries. They exhibited advanced technologies and 
products including autonomous vehicles, smart homes, robots, new energy 
vehicles, VR, AR and 5G applications. As of 12:00 on the 20th, a total of 
nearly 38,000 business visitors from more than 20 countries and regions 
attended the exhibition.

The Key Projects Release of New Growth Drivers for Shandong Province & 
Matchmaking for International Partners also promoted the 120 key projects 
featuring new growth drivers in Shandong Province, and more than 600 
"one-on-one" matchmaking meetings of more than 400 investment and financing 
institutions and enterprises from over 10 countries.

SOURCE: China Council for the Promotion of International Trade Shandong 
Sub-council

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