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multinational companies take center stage: presenting a “certain china” in a true and objective manner

2024-08-31

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on august 28, the 5th qingdao summit of multinational corporation leaders, co-hosted by the ministry of commerce and the shandong provincial government, opened at the qingdao international conference center. more than 800 guests from all walks of life gathered in qingdao to build a cooperation platform, promote development, and plan a new chapter for the future.

the qingdao summit of multinational corporation leaders, which has been held for four sessions, has carried out a series of innovative measures this year under the careful planning of the organizers. among them is the setting up of a guest interview channel for the first time, inviting leaders of multinational corporations from different fields to face chinese and foreign media directly and answer reporters' questions.

nine heavyweight guests stood in front of the camera, including wang jun, president of swiss oerlikon group china, geng ming, president of alstom china, zhang qi, president of shengyu group china, hu kaicheng, global vice president and president of china of conocophillips, pu aijun, global senior vice president and president of greater china of reckitt benckiser group, xu renqing, vice president of dun & bradstreet china business, wang lei, global executive vice president, chairman of international business and president of china of astrazeneca, and van kerkhove, winner of the chinese government friendship award and former senior china advisor to the minister of foreign trade of the kingdom of belgium.

on the surface, the guest interview channel has created a new way of publicity and reporting, but more deeply, it is a true and objective presentation of the "definite china". through the personal experience of multinational companies, the chinese story can be told more convincingly and it is easier to gain recognition and resonance from countries around the world.

the qingdao summit of multinational corporation leaders is not only a high-level international event, but also a high-level open platform that brings together high-end global resources. it gives more respect and enthusiasm to participating multinational companies, allowing more multinational companies to play the leading role and take the center stage, showing a more open, more confident and more rational image of china, and also conveying a more resolute, more distinct and warmer chinese attitude: china continues to expand its high-level opening up to the outside world, allowing countries around the world to share the opportunities and dividends of china's development.

over the past four decades, multinational companies have witnessed, participated in, and benefited from the rapid rise of the chinese market. with the world economy recovering slowly and global trade and investment growth under pressure, what are the future investment opportunities for multinational companies? multinational companies have cast a "vote of confidence" for the chinese economy with their actions, and have represented china and shandong to the world - investing in china is investing in the future, and choosing shandong has great potential!

win-win cooperation, two-way progress - this is our common voice and expectation.

for multinational companies, china is and will remain one of the world's largest single markets. china plays an irreplaceable role both in terms of supply and market.

as for china, it also needs to engage in more active dialogue with the world, and chinese companies also need to do business globally, especially in some high-tech areas. multinational corporations have inherent technological and market advantages. allowing multinational corporate leaders to step into the spotlight, face china's vast market, and showcase new technologies and new products will not only demonstrate china's openness and sincerity in cooperation, but will also help us better carry out international exchanges and cooperation and accelerate our own development through exchanges and mutual learning.

the great spirit of reform and opening up has become a distinctive spiritual symbol of contemporary china. the third plenary session of the 20th cpc central committee emphasized that we must consciously place reform in a more prominent position and further deepen reform around the promotion of chinese-style modernization. it can be said that in the context of the accelerated evolution of the great changes in the world that have not been seen in a century, chinese-style modernization will inject great certainty into the world.

open shandong is the trump card played by "china's certainty". as the venue for the event, shandong is hospitable, full of strength and sincerity. shandong is a province with a large economy, a large population and a large culture, with a complete range of industries, a huge market scale and a profound cultural heritage. in the first half of this year, shandong achieved a total gdp of 466.77 billion yuan, ranking third in the country, demonstrating the strong endogenous driving force and resilience of shandong's economy.

shandong is a window to showcase china's strength and a bridge to integrate into china's development. according to statistics, since the first qingdao summit of multinational corporation leaders was held in october 2019, a total of 471 projects with a total investment of us$56.9 billion have been signed at the first four summits. so far, a total of 236 fortune 500 companies have invested in 934 projects in shandong.

in answering the question of promoting chinese-style modernization, shandong has a heavy responsibility and duty to shoulder the responsibility of "walking in the front and taking the lead" in the present and the future. facing new missions and tasks, shandong will further enrich new forms and expand new connotations at this qingdao summit of multinational corporation leaders, and will surely achieve new breakthroughs and bear new fruits, so as to build momentum and empower shandong to be a pioneer in the new journey and build an important economic growth pole in the northern region.

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