China Daily Global Edition (USA)

Entreprene­urs reach out for global cooperatio­n

- By YIN RUOWEI yinruowei@chinadaily.com.cn

Cities in Shandong province, including Weihai, Dongying and Binzhou, have long been considered rich in culture and maritime resources, and they are looking to expand in these areas and more by collaborat­ing with businesses worldwide.

On Tuesday, 16 branch venues of the second Conference of Great Business Partners and Internatio­nal Summit on Innovation and Developmen­t for Youth Entreprene­urs will be held across Shandong province.

In Weihai, which sits on the shoreline of northeaste­rn Shandong, a virtual meeting platform will be in place that day. It will connect the venue, nine negotiatin­g rooms and hundreds of guests across the world.

“Echoing the theme ‘Seizing New Opportunit­ies and Sharing New Developmen­t’, Weihai aims to hold many cloud-based activities. From communicat­ion, promotion, release, signing to negotiatio­n, all can be done on the cloud,” said a local official.

More than 160 guests from 12 countries and regions including Japan, Germany and Canada will attend the event. Among them, there will be a handful of big names: Chinese dairy giant New Hope Group’s Chairman Liu Yonghao, major Chinese corn oil producer

Xiwang Group’s President Wang Di, and Chinese-leading property developer Greenland’s Chairman Zhang Yuliang.

“We have also invited executives of Fortune Global 500 companies, leaders of the top 500 Chinese companies, corporate representa­tives, business associatio­n presidents, young entreprene­urs and social media influencer­s.

“They are from more than 20 industries, such as medical equipment, informatio­n technology, healthcare and tourism, high-end equipment and cultural exchanges. They have a strong willingnes­s to invest in Weihai and Shandong,” a local official said.

Moreover, Weihai plans to introduce more than 50 key projects covering major infrastruc­ture; new infrastruc­ture; key industries and industrial technologi­cal transforma­tion to attendees via online and offline platforms.

Dongying, nestled in Shandong’s northern region, will host a forum on Tuesday where about 20 industry insiders will give online speeches on hot topics like the internet celebrity economy and Internet Plus.

Also on that day, local officials will go online, tailor plans for each project, and learn about and address pain points for enterprise­s.

An official in Binzhou, another city in northern Shandong, said: “This event will have a deep influence on the growth of Binzhou.

“There are four projects to be signed at the event. They are: a beerthemed town in Bincheng district with a total investment of 2 billion yuan ($280 million), a chemical industry park with an investment of 1.55 billion yuan, a biomedical industrial park with an investment of 1 billion yuan and an industrial base in Boxing county with an investment of 1 billion yuan.”

 ?? PHOTOS PROVIDED TO CHINA DAILY ?? From top: Rizhao Port is among the busiest in China. CRRC high-speed trains are manufactur­ed in Qingdao.
PHOTOS PROVIDED TO CHINA DAILY From top: Rizhao Port is among the busiest in China. CRRC high-speed trains are manufactur­ed in Qingdao.
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