Jinan, capital of Shandong province, signed a total of 19 projects with a combined investment of $1.83 billion at a city promotion event in the coastal city of Qingdao in East China's Shandong province on June 20.

The promotion event, running under the theme of "Choose to invest in Jinan for a win-win future," is part of the Third Qingdao Multinationals Summit, which is getting underway in Qingdao from June 20 to 21. Nearly 150 enterprise representatives from Global Fortune 500 companies, multinational corporations, and well-known enterprises took part in the event.

The event is part of Jinan's efforts to fully implement the national development strategy for environmental protection and high-quality development of the Yellow River basin, as well as to fully utilize the platform provided by the Qingdao Multinationals Summit to present Jinan's development opportunities and new industrial advantages, which will provide the city with an important platform to enhance cooperation with global leading enterprises and achieve win-win cooperation.

Jinan's mayor, Yu Haitian, said that the city is open and inclusive, and that the city will continue to work to integrate into the country's new development pattern, with the goal of transforming it into a strategic hub of "dual circulation" development.

Yu added that Jinan now has an abundance of development advantages such as a complete transportation network, strength in scientific and technological innovation, a sound business environment, and a vibrant consumer market. He expressed his hope that more enterprises will choose Jinan as their investment destination to achieve win-win cooperation.

Jinan, capital of Shandong province, signs a total of 19 projects with a combined investment of $1.83 billion at a city promotion event in Qingdao on June 20. [Photo/Jinan Daily]