In order to implement the spirit of General Secretary Xi Jinping's important instructions on amplifying the effect of multinational naval activities at the Shanghai Cooperation Organization (SCO) Qingdao summit and the 70th anniversary of the founding of the PLA Navy, and creating a new highland for Shandong to open up to the outside world, the Ministry of Commerce and Shandong province, authorized by the state council, will jointly hold the Qingdao Multinationals Summit. The summit is positioned as a high-end platform dedicated to the issues of multinational corporations, disseminating the voices of multinational corporations, sharing the experience of multinational corporations, and linking the resources of multinational corporations. The summit will give full play to the advantages of co-hosting by provinces and ministry, and create a home court for leaders of multinational corporations. At the same time, it will highlight the practical cooperation of the policy of "Investment and Talent Attracting", and embody the value and characteristics of the summit in the combination of serving the overall interests of China's opening up and promoting high-quality local development.