The annual meeting of the Qingdao & Shenzhen Entrepreneurs Association is held on Nov 17 in Shenzhen, Guangdong province. [Photo/dailyqd.com]

The annual meeting of the Qingdao & Shenzhen Entrepreneurs Association was held on Nov 17 in Shenzhen, Guangdong province.

More than 380 senior managers of enterprises, business associations, funds, and other organizations from both sides, as well as government officials, took part in the event.

Wang Qingxian, Party secretary of Qingdao, delivered a speech via video link. He heralded the opening of the annual meeting and thanked all the entrepreneurs who had supported the development of Qingdao.

"As the first business organization encompassing two Chinese cities, the Qingdao & Shenzhen Entrepreneurs Association has been working to promote the integration and sharing of information, technology, capital, talent, and other resources between the two cities, bringing forward advanced ideas, experiences, and practices related to the marketization and legalization of Shenzhen and Qingdao," said Wang.

Wang said that Qingdao has launched a campaign to learn advanced concepts from Shenzhen, among which innovation and entrepreneurship have always been an important part.

"Qingdao has always attached great importance to science, technology, and innovation and is promoting an innovation-driven development strategy and mass entrepreneurship and innovation to foster sustained economic development," he said, adding that Qingdao will work to develop a more welcoming climate for starting businesses.

He expressed hope that the Qingdao & Shenzhen Entrepreneurs Association will continue to facilitate cooperation between the two cities.

Established on Nov 7, 2019, the association is meant to serve as a platform for exchanges, innovation, and win-win cooperation between entrepreneurs from Shenzhen and Qingdao.