In a vibrant display of cross-border collaboration, the sixth Qingdao Multinationals Summit convened on Wednesday in Qingdao, Shandong Province on the Chinese mainland. Over 570 representatives from 43 countries and regions gathered under the theme "Multinationals and China: Connecting the World for Win-Win Cooperation" to explore opportunities in advanced agriculture, green energy and artificial intelligence.
Data from the Qingdao Municipal Publicity Department highlights that 131 companies—23% of attendees—participated for the first time, including firms from Vietnam and Egypt. More than half of the multinationals hailed from emerging markets, signaling a shift in global investment patterns toward new growth hubs.
Osama Kokandy, executive director of the Saudi-Southeast Asia Business Council, marked his summit debut and praised the event's collaborative atmosphere. "Saudi Arabia's five economic zones are eager to team up with the Chinese mainland on AI and high-end manufacturing," he noted, echoing a common sentiment that innovation is the bridge to deeper partnerships.
For young entrepreneurs and tech enthusiasts, the summit offered a real-time look at how data-driven insights and sustainable solutions are shaping the future of global business. From smart farming pilots to green hydrogen roadmaps, the discussions underscored the power of diversity in driving growth.
As multinational players deepen their ties with China, the Qingdao gathering reinforced the Chinese mainland's role as a dynamic hub for global collaboration—one that thrives on fresh perspectives and shared ambitions.
Reference(s):
Global companies invest in China during Qingdao Multinationals Summit
cgtn.com
