{"id":37518,"date":"2025-06-20T15:49:00","date_gmt":"2025-06-20T15:49:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4715065_CN15065_0"},"modified":"2025-06-20T15:49:00","modified_gmt":"2025-06-20T15:49:00","slug":"the-6th-qingdao-multinationals-summit-closes-with-5-93b-deals-for-40-agreements-signed","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=37518","title":{"rendered":"The 6th Qingdao Multinationals Summit closes, with $5.93b deals for 40 agreements signed"},"content":{"rendered":"

QINGDAO, China<\/span><\/span>, June 20, 2025<\/span><\/span> \/PRNewswire\/ — At the Sixth Qingdao Multinationals Summit (QMS) held in Qingdao<\/span>, a coastal city in east China’s<\/span> Shandong Province<\/span> from June 18th to 20th<\/span>, a <\/span>total of 40 key foreign-funded and trade projects were signed at the summit, amounting to $5.93 billion<\/span> in total investment. These projects span the fields of high-end manufacturing, new energy and new materials, as well as next-generation information technology.<\/p>\n

This year’s Summit introduced “Three Firsts” new features.<\/p>\n

New sectors: <\/span>Aligning with the new trend of opening up the service industry, over 20% of participants from multinational companies specialized in modern finance and AI.<\/p>\n

New Markets:<\/span> In addition to traditional markets, the summit saw increased participating countries from emerging economies such as ASEAN, the Middle East<\/span>, and Africa<\/span>. Enterprises from 9 countries including Vietnam<\/span> and Egypt<\/span> attended the summit for the first time. A delegation of 35 executives from 22 Middle Eastern multinationals attended the summit, exploring collaborations in fund investments, new energy, modern agriculture, and seawater desalination.<\/p>\n

New Faces: <\/span>Among the 570 new and old friends<\/span>, 131 are new faces<\/span> attending for the first time, accounting for 23% of the total. These new friends come from industries such as high-end equipment, new energy and new materials, medical care and health, and modern marine.<\/p>\n

During the summit,  2,142 key investment projects from Chinese provinces and Shandong’s<\/span> 16 cities were presented, helping multinational companies embrace development opportunities in China’s<\/span> increasingly open market.<\/p>\n

The “Market Access and Quality Enhancement for Multinationals ” forum was held during the summit. Shandong<\/span> will keep its commitment to standardization as the foundation and quality as the cornerstone. The strategy includes:<\/p>\n