The fifth Qingdao Multinationals Summit took place in Qingdao, Shandong province, from Aug 27 to 29, underscoring China's commitment to advancing its high-level opening-up.

Themed "Multinationals and China", the summit attracted leaders from 451 multinational companies across 37 countries and regions. These numbers included 140 Fortune Global 500 companies, 311 industry leaders, and notably, 99 new participants. During the summit, 163 investment and trade agreements were confirmed, comprising 121 investment projects totaling $12.9 billion and 42 trade contracts amounting to $40.4 billion.

As a platform for resource integration and a gateway for dialogue between Shandong and the world, the Qingdao summit has built a bridge for higher-level openness. Moving forward, Shandong will continuously amplify the summit's impact, bolstering multinational corporations' confidence in investing in China and deepening their engagement in Shandong, while collaboratively creating a mutually beneficial and prosperous future.