Eight institutions, including Itochu and Mitsubishi, are awarded the title of "Yantai-Japan Investment Promotion Partners". [Photo/WeChat account: gh_5ec6eb206937]

More than 150 representatives from Japan's Fortune Global 500 companies, Japan Science and Technology Agency, New Energy and Industrial Technology Development Organization, and Chinese enterprises and research institutions in the fields of hydrogen energy, regenerative medicine, and biopharmaceuticals participated in the Japanese Business Yantai Tour from May 20 to 22.

Hosted by the Yantai Municipal People's Government, the event included an opening ceremony, a China-Japan hydrogen energy industry cooperation meeting, a China-Japan regenerative medicine symposium, and a biopharmaceutical industry cooperation meeting between Yantai and multinationals.

Japanese business delegates also explored Yantai's administrative regions, emphasizing partnerships in green, low-carbon ventures and biopharmaceuticals sectors.

This event facilitated collaboration between Yantai and Japan in hydrogen equipment manufacturing, bulk commodity bonded trade, and the biopharmaceutical industry. It established cooperation mechanisms such as the hydrogen industry consortium and the China-Japan elderly health and medical exchange platform, advancing several key projects currently under negotiation, and gave Japanese businesses further insight into Yantai.