The Second Conference of Great Business Partners and International Summit on Innovation and Development for Youth Entrepreneurs will open on June 30 via online channels in Shandong province.
Jointly hosted by the CPC Shandong Provincial Committee, the Shandong Provincial People's Government, the Department of Commerce of Shandong, the Shandong Provincial Committee of the Chinese Communist Youth League, and the Jinan municipal government, this is the first high-level event of the year aimed at attracting investment in Shandong, facilitating business and investment, promoting cooperation with Hong Kong and Macao, and expanding opening-up efforts.
Shandong's 16 cities will host a series of promotional activities to attract investment and talents.
The Jinan International Center for Medical Sciences, located in Huanyin district, Jinan, is a major health industry project of the local government.
With an investment of 260 billion yuan ($36.73 billion), the center covers an area of 35 square kilometers and will focus on the R&D of the world's cutting-edge medical health technologies.
Shandong Heavy Industry Group is China's leading automotive equipment and manufacturing group.
Its business covers seven major sectors, including power systems, automobiles, construction machinery, intelligent logistics, agricultural equipment, boats and a post-market service. Its total assets stand at around 367.3 billion yuan ($52 billion).
Shandong Harbour Construction Group has 33 qualifications, such as a qualification for port and waterway projects, first-class qualification for construction projects and more. At the end of 2019, its total assets were 10.1 billion yuan ($1.4 billion) and its total profits stood at 740 million yuan.
The Shandong Energy Heavy Equipment Manufacturing Group is a wholly-owned subsidiary of Shandong Energy Group and mainly deals with in high-end coal machine equipment manufacturing and remanufacturing as well as coal machine equipment accessories and maintenance.
Shandong Provincial Airport Management Group is a wholly state-owned company that mainly provides air transport services. Its subsidiary, Shandong Airport Jixiang Aviation Food Company, provides in-flight meal services for domestic and foreign airlines stopping at Jinan Airport.
The reformed company is Shandong Light Industry Supply and Marketing Co, which engages in the international trade of pulp and grease, property management, warehousing logistics, cultural media and other fields.
Shandong Marine Group is a large state-owned enterprise primarily involved in the marine industry. In 2019, its total assets were valued at 28.4 billion yuan ($4 billion).
Jinan Fuyuan Micro-credit Company, a professional loan firm, was established by Lushang Group, a State-owned enterprise with more than 100 billion yuan ($14.15 billion) in assets.
Laiwu high-tech industrial development zone, established in 2001, was recognized as a national high-tech industrial development zone in 2015. With an investment of 4 billion yuan ($566 million), the zone aims to attract industry leaders and Fortune 500 companies mainly engaged in auto manufacturing, rail transit, hydrogen fuel-cell car research and applications for hydrogen products.
The International Center for Fashion Ideas was built in Lixia district in Jinan, Shandong province, with a total investment of 3.5 billion yuan ($496.25 million). The center, with a planned construction area of 100,000 square meters, is being designed to boost the fashion and culture industry.
The Weihai International Animation-cartoon Base will be operated and constructed by Hong Kong-based Jangwon Investment Company Limited. The company will focus on direct investment, financial consulting for enterprises, restructuring and mergers, and acquisitions.