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Shawn Whitman: The Qingdao Multinationals Summit shows that China is further opening up to the outside world.
China Report | Updated:2019-06-30 15:13:05    

Shawn Whitman: The Qingdao Multinationals Summit shows that China is further opening up to the outside world.

A high-quality opening up absolutely relies on a high-level platform. In October, the Qingdao Multinationals Summit will be held.

This year, Resources will be gathered on a larger scale by Shandong Province who has actively proposed to build the China (Shandong) Pilot Free Trade Zone. At the same time, taking the construction of the China-Japan-Korea Local Economic Cooperation Demonstration Zone as a carrier, Shandong Province will strengthen its cooperation in the fields of trade and investment between Shandong and Japan, consolidate and enhance the China-Korea (Yantai) Industrial Park and the China-South Korea Free Trade Zone Local Economic Cooperation Demonstration Zone in Weihai. Shandong Province will also hold the Global Health Forum of Boao Forum for Asia and the International Friendship Cities Cooperation and Development Conference. Shandong Province will continue to build a high-level platform for the high-quality opening up.

“My name is Shawn Whitman. I’m a vice president of Government and Industry Affairs for FMC corporation for a global multinational agrochemical manufacture. I have been working in China for around thirty to forty years.” Shawn Whitman told the reporter.

Talking about the expectations of this Qingdao summit, Shawn Whitman said, “I think there’s probably lots of opportunities, even if we don’t have actual manufacturing in those locations. Often we sell products to those areas. So you know, we’re always interested in learning and exploring with a lot of the Chinese officials, as they try to grow and better not only the Chinese economy, but the environment here for the people.”

Shawn Whitman also believes that holding the Qingdao Multinationals Summit is also a manifestation of China's further opening up. “I think generally any time that you can open up and have more clear understanding around policies and regulation is a good thing. That’s what tends to unlock investment, whether that’s foreign or domestic, so we would welcome any of those kinds of opening up policies.”