Qingdao promotes cooperation at Shandong business event

Qingdao has joined other cities in Shandong province to facilitate business and cooperation at a mega investment promotion event.

The Second Conference of Great Business Partners and International Summit on Innovation and Development of Youth Entrepreneurs, Shandong's first high-level event focused on opening-up and investment this year, opened on June 30 via online channels across Shandong.

As an important sub-venue of the event, Qingdao hosted a series of online promotional and matchmaking activities featuring the coastal city's preferential policies, business environment and strategic industries as part of the efforts to attract investment and collaborations with Hong Kong and Macao.

Qingdao's strategy to building the world's industrial Internet capital was highlighted at the event, while the city's 18 key projects with total investment of 15 billion yuan ($2.12 billion) were signed.

Qingdao Mayor Meng Fanli attended the event and delivered a speech, extending his welcome to the participants and thanking them for supporting Qingdao's economic and social development over the years.

Meng said that the event will serve as an important platform for Shandong to accelerate the replacement of old growth drivers with new ones, promote high-quality investment, stabilize foreign trade and improve high-level opening-up. He also noted that Qingdao has deepened exchanges and cooperation with partners at home and abroad because of this platform.

Qingdao has been deeply integrated into national strategies and is transforming itself into a fashionable and modern metropolis, and this will in turn generate more opportunities for everyone, he added.

Meng welcomed more entrepreneurs to invest or start businesses in Qingdao, share in the development opportunities and create a better future together.