Insights丨Ride the Peak and Climb Up
2024-08-26
한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina
Let’s work together and move forward hand in hand.
From August 27 to 29, the 5th Qingdao Summit of Multinational Corporation Leaders (hereinafter referred to as the "Summit") will be held in Qingdao. So far, 473 guests from multinational corporations have confirmed their attendance, including 370 overseas guests and 103 domestic guests. It is reported that among them, 95 "new partners" who have not participated in the previous four summits account for 20% of the total. There are 18 global presidents and 58 vice presidents, 142 China presidents and 152 vice presidents, and the number of global presidents is the highest in history.
As globalization deepens, the status of multinational corporations in the world economy becomes increasingly prominent. As an important window for opening up to the outside world, the Qingdao Summit of Multinational Corporation Leaders has helped China and multinational corporations communicate. It has been successfully held for four sessions and has become an important platform for multinational corporations to understand China, invest in China, and deepen their roots in China.
Compared with the previous four sessions, this summit set up a guest interview channel for the first time to further enhance transparency and openness.This scene design creates new opportunities for multinational corporate leaders to communicate smoothly with the media and share their feelings, expectations and gains from attending the summit, while also showing the world an open and confident new image of China.
Such innovative design enhances the international influence of the summit and demonstrates China's openness and magnanimity on the international stage and its vision of sharing development opportunities with the world and creating a better future.
Not only that,The "four firsts" scene design in the summit made the novelty and sincerity resonate with each other, and innovation led to the expansion of new areas of cooperation. Because of the "novelty", company leaders from all over the world came to the summit; because of the "sincerity", the summit became a veritable "heartfelt event".
The first multinational corporation investment exchange and cooperation meeting was designed to build a platform for direct dialogue between multinational corporations and Chinese enterprises, promoting in-depth investment cooperation;
The first thematic promotion of the SCO Demonstration Zone and other functional areas was organized, which further enhanced the international visibility of these areas and attracted more attention from multinational companies;
The forum on new productivity empowering high-quality development was arranged for the first time, focusing on emerging industries such as new-generation information technology, biomedicine, and new energy, providing new growth points for cooperation between multinational companies and China;
The first special promotion event for innovative talents in the marine field highlighted Qingdao’s advantages in marine resources and injected new vitality into the development of the marine industry.
The "four firsts" cleverly combine the advantages and characteristics of Shandong, further refine and integrate them, build more communication scenarios and dialogue platforms, highlight the characteristics of Qilu and strengthen Shandong's advantages.For example, the first special promotion of innovative talents in the marine field was held. Shandong, as a major marine province, has an adjacent sea area of nearly 160,000 square kilometers and ranks first in the country in terms of marine resource abundance index. This first special promotion of innovative talents in the marine field showcases the advantages and potential of Haidai, Qilu and Shandong in managing the ocean. Such innovative designs have also opened up new areas and provided new opportunities for cooperation between multinational companies and Shandong and China.
Innovation in cooperation areas and boundaries, and deepening of cooperation depth and levels have allowed this event to continue to move forward.
From the first to the fifth session, the "circle of friends" of the Qingdao Summit of Multinational Corporation Leaders has continued to expand, and the number of multinational corporate guests participating in the summit has continued to increase.This trend not only reflects the increasing international influence of the summit, but also reflects the confidence and expectations of multinational companies in the Shandong market.Take AstraZeneca as an example. From a former "spectator" to today's "investor", this Fortune 500 multinational pharmaceutical company has not only increased its investment in China, but also established a regional headquarters and an international innovation research center for rare diseases in Qingdao High-tech Zone. It has invested US$700 million in Shandong in two years, forming an overall layout of multi-faceted cooperation among industry, academia and research.
AstraZeneca's choice is the best interpretation of Shandong's superior business environment and huge market potential.When talking about their impressions of Shandong, many leaders of multinational companies investing in Shandong all acted as Shandong's "promoters".
As a support and guarantee, opening up is inseparable from the creation of a high-standard business environment. In recent years, Shandong has focused on creating a world-class business environment and has been selected as the province with the best business environment for four consecutive years. It has actively carried out a self-revolution of "turning the blade inward" and has successively issued a series of extremely valuable policy measures, providing strong institutional support for open development.
Experience the openness of Shandong through a set of data. At present, there are more than 19,000 foreign-funded enterprises in operation in the province, and a total of 236 Fortune 500 companies have invested in and established 934 enterprises. More than 2,700 industrial foreign-funded enterprises above designated size in the province account for 7.7% of the province's industrial enterprises above designated size, contributing about 14% of operating income, 16% of employment and 24% of profits.
Whether it is AstraZeneca's choice or the precise data presentation, it is showing the world a more open and confident Shandong.
Shandong, located at the intersection of the Belt and Road Initiative and the center of regional economic cooperation in Northeast Asia, plays an important role in the overall national opening-up. In May this year, General Secretary Xi Jinping made a clear request to Shandong to "build a new highland of high-level opening-up" during his inspection tour of Shandong. From August 23 to 24, the Seventh Plenary Session of the 12th CPC Shandong Provincial Committee made a series of arrangements around building an important economic growth pole in the northern region and building a new highland of high-level opening-up.
At the provincial party committee press conference held on August 26, Shandong will focus on building a good institutional opening-up demonstration zone, continue to deepen foreign trade system reform, and optimize and improve the foreign investment environment to improve the high-level opening-up system and mechanism. This is not only an important measure to implement the decisions and arrangements of the CPC Central Committee, but also an inevitable requirement for Shandong to expand the space for high-quality development.This summit is also a concrete measure to implement the instructions of the CPC Central Committee and the State Council on attracting and utilizing foreign investment with greater efforts.
Deep integration, mutual benefit and win-win results.
Today, the capacity of the SCO Demonstration Zone is increasing, the role of the international hub port is becoming more prominent, and international freighters, China-Europe trains and other modes of transportation have opened up smooth paths for international freight and economic and cultural exchanges. With a more distinct "main theme", a wider "circle of friends", more abundant "innovation points" and more prominent "guidance", this summit will attract more and more multinational companies to enter Shandong, deepen their roots in Shandong, and work together for win-win results in pragmatic cooperation.
Sharing new development opportunities, building new advantages of high-quality development, and jointly exploring new space for future cooperation, this province with a GDP of 9 trillion yuan is taking advantage of the momentum, climbing to the "peak", and using win-win cooperation to jointly create this "common rush".
Text/Jing Xiaohong
Produced by Zhuoyan Studio
