Country for PR: United Kingdom
Contributor: PR Newswire Europe
Saturday, August 29 2020 - 01:59
Summer Summit of Yabuli China Entrepreneurs Forum kicks off in Qingdao
QINGDAO, China, Aug. 29, 2020 /PRNewswire-AsiaNet/--

The three-day Summer Summit of Yabuli China Entrepreneurs Forum 2020, themed 
"Chinese Enterprises under the Big Test," kicked off on August 28 in Qingdao, 
which is hailed as the "city of startups."

The event has gathered a host of Chinese entrepreneurs to brainstorm strategies 
for mutual development from such perspectives as support for small- and 
medium-sized enterprises, industrial Internet's role in driving industrial 
transformation and upgrading as well as digital infrastructure construction. 

Over the past 20 years, the Yabuli forum has developed into the country's most 
influential platform for exchange between entrepreneurs. Boasting 
thought-provoking topics and constructive ideas, it not only helps increase 
Chinese entrepreneurs' awareness of social responsibility, but also plays a 
unique and active role in propelling the country's economic and social 

As the forerunner for opening-up in Shandong province, a new strategic pivot in 
the regions north of the Yangtze River for national opening-up, and a new 
platform for international cooperation under the Belt and Road Initiative, 
Qingdao has set up a broad stage for entrepreneurs to seek further success. 

Qingdao has been focusing on carrying forward the entrepreneurial spirit. With 
great respect to entrepreneurs, the city government has been optimizing the 
local business and investment environment to bolster entrepreneurs' innovation, 
creation and pioneering development. 

The government of Qingdao has set up the Market Allocation Promotion Divisions 
in 17 departments in charge of economic development and adopted the public 
inquiry mechanism for public policy making and government-funded legal service 
mechanism to promote implementation of preferential policies for enterprises, 
aiming to develop into a market-oriented, law-based and open government capable 
of providing efficient professional services.

Qingdao's pioneering policies make entrepreneurs feel "comfortable" in the 
city. In the first half of 2020, the results of a city-wide survey on 
entrepreneurs' satisfaction with the city's administrative services show that, 
the general index of the respondents' satisfaction with local administrative 
services was 96.05, up 0.81 over the previous year. Despite of the hardship due 
to the global COVID-19 outbreak, Qingdao saw over 500 new projects launched in 
June, with total investment of about RMB100 billion, hitting a three-year high. 

Qingdao strives to become a new start for entrepreneurs' future voyages to the 
sea of business.

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Contact: Ms. Zhu Yiling 
Tel: +86-532-85911619 
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Source: Stadt Qingdao