Shandong sets up research center for multinationals

The Shandong Research Center for Multinational Corporations has been registered as a government-sponsored institution upon the approval of the Shandong Provincial Administration of Public institutions.

It is meant to carry out the decisions of the CPC Shandong Provincial Committee and the Shandong Provincial Government related to building a new platform for opening-up and hold events such as the Qingdao Multinationals Summit to promote China's opening-up and Shandong's high-quality development.

The center is responsible for the coordination, organization, and implementation of important activities such as the Qingdao Multinationals Summit and the Conference of Great Business Partners, daily contact with multinational corporations and their leaders, research and analysis of the investment trends of multinational corporations, promotion of Shandong's key projects and industries, and providing relevant information, policy consultations, and other services.

Zhang Qingwei was appointed full-time deputy director of the center.

It is located in the Qingdao Fuxin Mansion.

The first Qingdao Multinationals Summit was held in the eastern coastal city of Qingdao, Shandong province last October, and this year's edition will be held in the coastal city as well. The summit is the first in the world to focus on issues related to multinational companies and is meant to serve as a platform for such companies to share their experiences.