Business Daily Media

The Times Real Estate

.

The Second Qingdao Multinationals Summit opens

  • Written by PR Newswire
The Second Qingdao Multinationals Summit opens

QINGDAO, China, July 17, 2021 /PRNewswire/ -- The Second Qingdao Multinationals Summit was opened in Qingdao on July 15th. 306 overseas companies of the Fortune Global 500 companies and 517 global industry leading companies attended the summit online; Among the Fortune Global 500 companies, 125 overseas companies attended it offline, with a total number of 378 people, including 24 global vice presidents, 70 presidents of China and 100 vice presidents of China; 33 domestic companies attended it offline, including 14 global presidents; Among the global industry leading companies, 142 overseas companies attended it offline, and 120 domestic companies attended it offline, including 198 guests with positions not lower than vice president. Five international organizations and 20 domestic and foreign business associations attended the summit. Ambassadors from four countries and envoys from 14 countries attended it offline. This summit followed the theme of the first summit- "Multinationals and China", discussing the roles and opportunities of multinationals in China's new development pattern and looking forward to the reform and development of global industrial, supply and value chains in the post-epidemic era.

The Second Qingdao Multinationals Summit opens The successful holding of the Second Qingdao Multinationals Summit in Qingdao, China.

At the opening ceremony, Enrique Lores, HP CEO of the United States, Sohn Kyung Shik, CJ Group President of South Korea, Fabrice Fourcade, EDF Corporate Vice President, President of China and other leaders of Fortune Global 500 companies reviewed and summarized the origin and cooperation results between their companies and China through "online and offline" ways, with expectation to further integrate into the development paradigm featuring dual circulation, in which domestic and overseas markets reinforce each other through deepening cooperation.

As China's leading cloud computing and big data service provider, Xiao Xue, senior vice president of Inspur Group Co., Ltd., said at the summit that China's economic development needs deep participation of multinationals, including not only their investments but also their advanced management concepts, technical capabilities and services. The relations between multinationals and Chinese local companies are not alternative or purely competitive, but competitive and also cooperative, which can be complementary to each other.

Zhang Qingwei, full-time deputy secretary-general of the Secretariat of the Qingdao Multinationals Summit, said that multinationals are an important carrier connecting China's building of an overseas and domestic dual circulation in the new development pattern. This summit will deepen exchanges and cooperation between China and multinationals, and promote China's opening up to the outside world in a wider scope, a wider field and at a deeper level.

It was reported that this summit was sponsored by the Ministry of Commerce of the People's Republic of China and the Shandong Provincial People's Government and lasted for two days. It aimed to build a platform for in-depth exchanges and cooperation between multinationals and China, involved eight topics such as China's carbon peak and the development opportunities of multinationals, and released a research report entitled "Multinationals in China: A New Pattern Brings New Opportunities".

As the first batch of coastal open cities in China, Qingdao is at the forefront of reform and opening up, boasts a large number of national famous brands such as Haier, Hisense and Tsingtao Brewery and has long been a hot spot for multinationals to invest. 166 Fortune Global 500 companies including Panasonic, Samsung and Airbus have invested and settled in Qingdao.

Contact: Zhu YilingTel: +86-532-85911619

Official web: http://www.qingdaochina.org[1]  Facebook web: https://www.facebook.com/qingdaocity[2]  Twitter web: https://twitter.com/loveqingdao[3] 

 

The Second Qingdao Multinationals Summit opens The venues of the Second Qingdao Multinationals Summit.

 

 

References

  1. ^ http://www.qingdaochina.org (www.qingdaochina.org)
  2. ^ https://www.facebook.com/qingdaocity (www.facebook.com)
  3. ^ https://twitter.com/loveqingdao (twitter.com)

Read more https://www.prnasia.com/story/archive/3446180_AE46180_0

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Launchd Takes Off: Former AFL Stars Lead Tech-Powered Platform Set to Disrupt Talent and Influencer Marketing

Backed by Institutional Capital, Launchd Combines Five Leading Agencies and Smart Technology to Deliver Measurable Results Influencer marketing i...

Meet the Australian fintech unlocking rewards for small businesses

Small businesses make up 98 per cent of all businesses in Australia, yet they continue to bear the brunt of economic uncertainty. According to Credi...

Teleperformance (TP) Business Insights Report Reveals Key Shifts in Consumer Behaviour

TP’s Business Insights report  into consumer behaviors and preferences, taking in more than 57,000 respondents across 19 sectors, is shedding new li...

HubSpot launches platform-wide AI tools to help businesses close the adoption gap

HubSpot today unveiled more than 200 updates across its customer platform to help businesses grow better. The release introduces smarter tools, new AI...

Sell by LayBy