Open Investment Environment

Source: 01-07-2023 10:34:59

Develop a high-level open platform. In the past three years since the approval of the China (Shandong) Pilot Free Trade Zone, a total of 189 institutional innovation achievements at or above the provincial level have been formed, ranking among the top in the same batch of PFTZs.

The China-SCO Local Economic and Trade Cooperation Demonstration Zone has made solid progress in the construction of "four centers" such as regional logistics centers and modern trade centers by making efforts to "be practical, good, beautiful and popular".

With the Qingdao Multinationals Summit, Shandong's "circle of friends" is getting bigger and bigger. This year, 99 foreign-funded projects were signed with a total investment of USD 15.6 billion.

The "Connecting Shandong with Fortune Global 500" event realizes the precise matchmaking of many industries such as high-end equipment manufacturing, modern marine, and new energy and materials.

Under the innovative institutional mechanism of development zones, 58.7% of the internal agencies were streamlined and 50.7% of the townships were kept in trust.

Various platforms such as comprehensive bonded zones, provincial new areas and international investment promotion industrial parks have accelerated the release of power and vitality.


Build interconnected international corridors. It promotes free navigation with important ports in Japan and South Korea, deepens the "multi-port linkage" with South Korean ports, and encrypts and optimizes the routes of "Qilu" China-Europe freight train, which can directly reach 54 cities in 23 countries along the Belt and Road. Many quality Shandong products and transit goods from Japan and South Korea enter Central Asia and European markets.

Shandong has deeply integrated into the high-quality development of the Belt and Road Initiative, expanded emerging markets such as RCEP member countries, promoted a higher level of institutional opening-up, implemented the 2.0 version of China (Shandong) Pilot Free Trade Zone, and promoted high-quality investment and talent attraction, to make Shandong's opening-up more open and practical.

Shape new advantages of an open economic system and mechanism.

It has made every effort to build hubs in eight aspects: institutional innovation, high-end industrial integration and development, scientific and technological innovation and cooperation, international local economic and trade cooperation, talent gathering and development, regional synergy and opening, world civilization exchange and mutual appreciation, and world first-class business environment.