On March 20, the event for “Common Development Between Central SOEs and Local Governments” was held in Qingdao. Co-sponsored by the Shandong Provincial State-owned Assets Supervision and Administration Commission and the Qingdao Municipal Government and under the theme of “Co-creation, Sharing, Win-win Cooperation”, the event is designed to deepen cooperation between Qingdao and central SOEs or provincial SOES, and facilitate high-quality development with high-quality projects.

In the event, 22 projects collectively signed agreements, involving a total investment of RMB 46.7 billion and multiple fields including marine equipment, intelligent manufacturing, biological pharmaceuticals, new energy, new materials, etc.

Both central and local SOEs have long stretched their unique strengths to facilitate the implementation of significant national strategies and deeply involve in the urban construction of Qingdao, and played important roles in driving high-quality social and economic development in Qingdao.  (Liu Lanxing)