Wang Qingxian: Pushing Reform through Opening-up and Making Qingdao a New Pillar of Deeper Opening-up in the North of the Yangtze River

Since May of 2019, Qingdao sent three groups of government officials to Shenzhen for visiting and practical training. A year later, 51 officials selected by the city, again embarked on a similar journey, what is different this time is that their destination is Shanghai, the most vibrant and pioneer city in the Yangtze River Delta Region.    

Ten days after that, Wang Qingxian, Member of Standing Committee of CPC Shandong Provincial Committee and Secretary of CPC Qingdao Municipal Committee, led a delegation consisted of senior party and government officials as well as leaders of various departments and districts of Qingdao to Shanghai, to observe and study the development of modern service industry of Shanghai. Whenever he went, Wang Qingxian sent out his sincere invitations.

On the afternoon of July 8, a matchmaking meeting on Qingdao-Shanghai exchanges and cooperation on the development of modern service industries was held. Wang Qingxian, Member of Standing Committee of CPC Shandong Provincial Committee and Secretary of CPC Qingdao Municipal Committee, attended the meeting and made a keynote speech. Over 500 leaders from more than 10 business associations including Shanghai Modern Service Industry Federation and directors of a variety of modern service enterprises including finance, shipping and exhibition sectors took participation in the meeting.
 
In his speech, Wang Qingxian called on Shanghai enterprises and entrepreneurs to come to Qingdao and join in the endeavor of building a new platform of BRI cooperation, shaping a pioneer of ecological protection of the Yellow River Region and high-quality development, and developing an important strategic pillar of deeper opening-up in the north of the Yangtze River.

After the promotional activities, Wang Qingxian accepted an interview on topics such as the industrial transformation, institutional construction and business environment improvement of Qingdao.

During the interview, he said that Qingdao had proposed the task of match with Shanghai’s modern service sector last year, which was a long-brewing plan.
 
Wang Qingxian also said, “The reason why Shanghai has become the pioneer in China’s development lies in that its modern service industries have been on the forefront in China and the whole world. We hope that Shanghai could consider Qingdao as an important transfer station in improving the influences of its modern service industries and pushing forward domestic circulation in China. By supporting Qingdao, Shanghai could exert greater influences on the Yellow River Region and North China. With the joint efforts of Shanghai and Qingdao, domestic circulation will be facilitated and we can carry out with more and more initiatives with greater practical effects and forge a link between Qingdao and Shanghai on modern service industries”.  

While answering questions about Qingdao’s future plans, Wang Qingxian indicated that Qingdao will learn more from other cities. Qingdao has the industrial basis and resource endowment to draw experiences from Shanghai. It is a critical step for Qingdao to learn from Shanghai and step up efforts in developing its own modern service industries in revitalizing its own industries.

With such a target in mind, Qingdao will focus on the following three areas:
First, promoting the integrated development of modern service industries. The city will give full play to its advantages in shipping, trade and finance and promote shipping by virtue of trade, and facilitate trade through financial endeavors. By doing so, the city aims to enlarge its global influences in areas of shipping, trade and finance and turn itself into an international innovation center of shipping, trade and finance.
 
Second, promoting the development of advanced manufacturing energized by modern service industries. In reviewing the history, Qingdao is one of the few cities in China that has always been passionate about real industries and dedicated to industrial manufacturing for over 100 years. Based on its realistic circumstances, the city will focus on "high-end manufacturing + artificial intelligence", improve the industrial ecology by virtue of Haier COSMOPlat, one of the world's three major industrial Internet platforms, speed up efforts to build itself into the International Capital of the Industrial Internet, and promote the integrated development of modern service industries and advanced manufacturing.
 
Third, improving the ecological environment for developing modern service industries. We will pool more high-quality resources and factors for developing modern service industries, improve the quality and effectiveness, and forge a rainforest for the development of the modern service sector.
 
In 2019, despite with the low level of domestic private investment, Qingdao stood as an opposite example with private investment growing by 20.9%, a year-on-year increase of 13.8 percent. From January to May this year, private investment in Qingdao increased by 12.8% against the situation impacted by COVID-19, which can be considered as the votes for the city’s business environment through practical actions by entrepreneurs.
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