2nd Qingdao Multinationals Summit slated for July

27 May, 2021 12:00 AM printer

BEIJING: The second Qingdao Multinationals Summit scheduled from July 15 to 16 in Qingdao, east China's Shandong Province, will seek to promote high-quality opening-up and boost the development of multinational corporations in the country.

The summit will discuss the role of multinational companies in reshaping the global industrial chain, Vice Commerce Minister Qian Keming told a press conference on Wednesday, reports Xinhua.

He added that a report to elaborate the role of multinationals in China's new development paradigm of "dual circulation" and new opportunities for their development under this paradigm will also be published.

So far, 330 representatives of 310 multinational companies from 26 countries and regions have signed up for offline events, together with 182 representatives from 169 multinational companies based in China, said Ji Binchang, vice governor of the province.