Qingdao City, Shandong Province, east China - June 19, 2025 (CCTV - No access Chinese mainland)
1. Board showing meeting schedule
2. Various of sub-forum in progress; attendees
3. SOUNDBITE (Chinese) Torsten Oppel, partner, Detecon Consulting (partially overlaid with shot 4):
"There are actually lots of opportunities in China. Finding some (industrial) bases in China and then cooperating with some Chinese companies for joint innovation is definitely a very good opportunity."

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FILE: Hubei Province, central China - Date Unknown (CCTV - No access Chinese mainland)
4. Production line
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FILE: Shanghai, China - Date Unknown (CCTV - No access Chinese mainland)
5. Staff members working in factory
6. Machine operating
7. Robot moving in office
8. Various of staff working on laptop; screen showing procedure

Qingdao City, Shandong Province, east China - June 19, 2025 (CCTV - No access Chinese mainland)
9. Various of unmanned aerial vehicles on display, visitors
10. Man standing outside lounge
11. SOUNDBITE (Chinese) Chi Shaojie, partner, BlueFive Capital (partially overlaid with shots 12-13):
"Shandong has a complete industrial chain covering advanced manufacturing, new energy new materials, and more. We well meet the demands in the fields of infrastructure, local manufacturing, and energy transition. We hope to contribute as Middle Eastern capital in establishing industrial cooperation."

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FILE:Shandong Province, east China - Date Unknown (CCTV - No access Chinese mainland)
12. Aerial shot of construction site
13. New trucks for export in port
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14. Aerial shots of offshore solar power station

Many foreign-funded businesses in high-end manufacturing have showed interest in China's technological advantages and are seeking to make innovation together with Chinese enterprises at the sixth Qingdao Multinationals Summit (QMS) held in east China's Shandong Province.

Themed "Multinationals and China: Connecting the World for Win-Win Cooperation," the three-day summit opened Wednesday in Qingdao City. It gathered representatives from 465 multinational companies, featuring 135 Fortune Global 500 giants and 330 industry leaders spanning 43 countries and regions.

"There are actually lots of opportunities in China. Finding some (industrial) bases in China and then cooperating with some Chinese companies for joint innovation is definitely a very good opportunity," said Torsten Oppel, a partner of Detecon Consulting.

Since the beginning of this year, foreign investors have continued to accelerate the pace of setting up research and development centers in China. According to statistics, by May 2025, the cumulative number of foreign-funded research and development centers in Shanghai reached 603. In 2024, Beijing approved over 110 new foreign-funded research and development centers, and as of January 2025, the number of foreign-funded R and D centers in the city reached 221.

The summit also introduced a forum on overseas fund investment cooperation, preliminarily identifying over 90 billion yuan (about 12.52 billion U.S. dollars) in investment demands.

"Shandong has a complete industrial chain covering advanced manufacturing, new energy new materials, and more. We well meet the demands in the fields of infrastructure, local manufacturing, and energy transition. We hope to contribute as Middle Eastern capital in establishing industrial cooperation," said Chi Shaojie, a partner of Abu Dhabi-based asset management firm BlueFive Capital.

A research report titled "Multinationals in China", released by the Research Institute of the Chinese Ministry of Commerce, shows that in recent years, China has continuously lowered the thresholds for foreign investment to enter a dozen service sectors including science and technology, finance, healthcare, telecommunications, culture and professional services.

Data shows that in the field of telecommunications services, by the end of February 2025, there were over 2,400 foreign-invested telecommunications enterprises across the country, up 30 percent year on year. Among them, 13 globally renowned multinational companies such as Telekom and Siemens have been approved for value-added telecommunications business pilot programs.