The Qingdao Multinationals Summit (QMS), China's first major event tailored for multinationals, has facilitated a substantial number of high-quality foreign-invested projects in Shandong since its launch in 2019. To date, Shandong has secured 947 projects with 236 Fortune Global 500 companies.

Foreign-invested firms are now vital to Shandong's economy. As of last May, among all industrial enterprises above designated size, the province's 2,769 foreign-invested firms accounted for just 7 percent of the total number, yet they contributed 14.2 percent of operating revenue, 22.6 percent of profits, and 14.9 percent of employment.

This June, the 7th QMS will link its agenda with Shandong's investment promotion to guide foreign capital into key sectors. For traditional industries, matchmaking will focus on smart agriculture and high-end chemicals. For emerging sectors, the summit will spotlight new energy vehicles, energy storage, and the marine economy. Themed sessions on future industries aim to attract R&D centers and regional headquarters, helping Shandong secure early-mover advantages during the 15th Five-Year Plan period (2026–30).