The USA session of the "Connecting Shandong with the Fortune Global 500" serial events is held in Jinan, Shandong province on Sept 29. [Photo provided to chinadaily.com.cn]

The USA session of the "Connecting Shandong with the Fortune Global 500" serial events was held in Jinan, Shandong province on Sept 29.

The event, hosted by the CPC Shandong Provincial Committee and the Shandong Provincial People's Government, aims to deepen business ties between Shandong and transnational corporations from the United States.

Liu Jiayi, Party secretary of Shandong, participated in online dialogues with Craig Allen, president of the US-China Business Council, and William Cohen, chairman and CEO of Cohen Group.

Liu delivered a speech at the conference, saying that Shandong government has rolled out a series of policies this year to improve the environment for foreign investment and help foreign-funded enterprises to cope with difficulties caused by the epidemic. American-funded enterprises in Shandong have already resumed operations and are running smoothly.

Liu Jiayi (L), Party secretary of Shandong, has an online discussion with Craig Allen, president of the US-China Business Council. [Photo provided to chinadaily.com.cn]

When talking online with William Cohen, chairman and CEO of Cohen Group, Liu stressed Shandong's strong desire to deepen cooperation with multinational companies.

He expressed hope that Cohen could use his influence in US political and business circles to contribute to the healthy development of China-US economic and trade relations.

Shandong will strive to create a world-class business environment and provide business opportunities for global companies, including the US, to invest in the province, said Governor Li Ganjie.

Discussions are held on how to further promote Shandong's opening up at the online conference on Sept 29. [Photo provided to chinadaily.com.cn]

Jack Chan, chairman of EY China and EY Greater China Regional Managing Partner; Gregory Gilligan, Chairman of Amcham China; and Bogdan Bereanda, AP Managing Director of the Fuel Injection System Delphi Technologies, discussed how to maintain the stability of the global industrial and supply chains, stabilize foreign trade and further promote Shandong's opening up. 

With a total of $160 million in investment, seven key projects were signed at the sub-venues in Qingdao, Zibo, Zaozhuang, Yantai, Weihai, Tai'an, and Heze. The projects focused on healthcare, financial services, business services, petrochemicals, environmental protection and the exhibition industries.