Shandong and the world's top 500 connected to Japan special session of 14 projects signed

On November 10, sponsored by shandong Provincial Party Committee and Shandong Provincial People's government, and organized by Shandong Department of Commerce, the Special event of "Connecting Shandong with the World top 500" was held in Jinan, Shandong province and Tokyo, Japan at the same time. At the site, 14 foreign investment projects, including high-end equipment manufacturing and new materials, were signed, with a total investment of 910 million US dollars.

The event is "shandong and world 500 strong attachment" in the finale of a series of activities, and got the support of the Ministry of Commerce, the Ministry of Foreign Affairs, Japan association for the promotion of international trade, japan-china economic association, the Japan external trade organization, China investment promotion agency, mitsubishi ufj financial group, mizuho bank institutions such as assist, "fortune" (Chinese version) as a partner.

As a promoter and practitioner of China-Japan friendship, Yohei Kono, President of the Japan Association for the Promotion of International Trade, said in his speech that the coVID-19 is still not fully under control and it is extremely difficult to exchange people and trade in goods. Today's event has overcome all difficulties and set the stage for exchanges between the two sides. It is of great significance and gives us great courage. Many Japanese enterprises and people in Shandong province share the same wish to continue to expand exchanges, enhance mutual understanding and cooperation, thus promoting economic development and making contributions to the development of Shandong and Japan.

Chinese Ambassador to Japan Kong Xuanyou agreed that since the beginning of this year, the COVID-19 epidemic has disrupted the normal development of economic and trade activities and personnel exchanges between the two countries. Shandong has taken the initiative to explore new paths and held a number of online dialogues with local governments and economic circles in Japan, creating a new mode for the two sides to discuss people-to-people and cultural exchanges and mutually beneficial cooperation in the face of the epidemic, injecting new impetus into the expansion and deepening of bilateral exchanges and cooperation.

Sumitomo Corporation is one of Japan's five largest trading companies and has maintained a good cooperative relationship with Shandong Province for a long time. Sumitomo corporation, having fine said in the connection dialog, dominated by and between the two countries partners in shandong "city traffic", "city development" "medical pension" "environmental protection", and other fields to carry out the business, hoping to contribute to solve social and environmental problems, such as, for the further development of shandong province do little of their own power.

Japan signed 14 projects with total investment of US $910 million and contracted foreign investment of US $230 million, covering high-end equipment manufacturing, new materials, ecological and environmental protection, high-end chemical industry, transportation, education and training, etc. It is located in Jinan, Qingdao, Zibo, Zaozhuang, Yantai, Weifang, Jining, Weihai, Dezhou, Liaocheng, Binzhou and other cities.

At the same time, also held a special "shandong and world 500 strong attachment" Japan industrial investment promotion seminar, focusing on Japan's advanced technology, export scale, investment in China intend to health care, intelligent manufacturing and information technology, modern, efficient agriculture industry cluster, invited 100 Japanese companies online forum, jinan, Qingdao, yantai, weifang in shandong province to promote the demand for carrier and industrial cooperation, cooperation.

Shandong and Japan, facing each other across the sea, enjoy geographical proximity, affinity and a long history of exchanges and exchanges. Shandong and Japan have great potential for deepening cooperation. Shandong and Japan are highly complementary to each other in industry, with a high degree of integration of industrial chain and supply chain. In the first three quarters of this year, Shandong approved new Japanese-funded projects and actually used foreign capital, with year-on-year growth of 32.8% and 42.6% respectively. Japan is shandong's third largest trading partner. In the first three quarters of this year, imports and exports between the two sides reached 1113.49 billion yuan, up 2.9 percent. Up to now, 51 Japanese top 500 companies have invested in Shandong with 157 enterprises, with a total investment of 5.72 billion US dollars and actual use of foreign capital of 2.07 billion US dollars.