Haitian−Qingdao railway

Shandong stages welcoming event for Europe's Fortune 500 companies

Retrieved on: 
Monday, August 31, 2020

JINAN, China, Aug. 30, 2020 /PRNewswire/ -- The "Connecting Shandong with Fortune Global 500" series of events, hosted by the CPC Shandong Provincial Committee and Shandong ProvincialPeople's Government, organized by the Department of Commerce of Shandong Province, and sponsored by FORTUNE CHINA, were held in Shandong province's capital of Jinan, on August 27.

Key Points: 
  • JINAN, China, Aug. 30, 2020 /PRNewswire/ -- The "Connecting Shandong with Fortune Global 500" series of events, hosted by the CPC Shandong Provincial Committee and Shandong ProvincialPeople's Government, organized by the Department of Commerce of Shandong Province, and sponsored by FORTUNE CHINA, were held in Shandong province's capital of Jinan, on August 27.
  • He welcomed Glencore to deepen its cooperation with Shandong Energy, Shandong Weiqiao Pioneering Group, Xinfa Group and Shandong Iron and Steel in terms of bulk commodity trade, and invited other strategic partners such as international oil producers and traders to invest in the China Shandong Pilot Free Trade Zone.
  • On the day of the event, forums for discussions and exchanges took place in Jinan, Qingdao, Yantai, Weifang and Jining, providing venues for businesses across the province to contact and engage in talks withEuropean-based Fortune Global 500 companies.
  • On the one hand, European multinationals, led by Fortune Global 500 companies, have been expanding their presence in Shandong, empowering innovation in terms of technology enhancements and transformation across industries.