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Qingdao-Cancun business meeting held in Mexico

( chinadaily.com.cn )

Updated: 2016-12-07

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A Qingdao-Cancun business meeting was held on Dec 3 in Cancun, Mexico.

Qingdao-Cancun business meeting held in Mexico

A Qingdao-Cancun business meeting commences on Dec 3 in Cancun, Mexico. [Photo/qdbofcom.gov.cn]

A memorandum of understanding (MoU) on cooperation was signed by both sides. Enterprises from Qingdao and Cancun also reached a series of cooperation agreements at the meeting.

Some 50 distinguished participants from government departments, business communities and tourism authorities from Qingdao and Cancun took part in the meeting.

Qingdao-Cancun business meeting held in Mexico

Qingdao and Cancun sign amemorandum of understanding (MoU) on cooperation at the Qingdao-Cancun business meeting on Dec 3. [Photo/qdbofcom.gov.cn]

Ma Weigang, director general of the Commerce Bureau of Qingdao, said that both Qingdao and Cancun are coastal cities. Similar development paths lay a solid foundation for both sides to deepen mutually beneficial cooperation.

Ma said that Qingdao will learn from the best practices of Cancun, promoting international travelling and organizing international fairs.

Ma added that Qingdao, as one of the first of China's coastal cities open to the outside world, maintains a continuous flow of investment with Latin America. He hoped that Qingdao and Cancun will make joint efforts to elevate bilateral economic trade cooperation to a new level, and expand cooperation in the fields of coastal tourism and trade services.

Diaz, director of the financial sector and representative of the mayor of Cancun, said that through a series of reform measures and perfecting foreign capital policy, the city achieves rapid and healthy development. Qingdao businessmen are welcome to invest in Cancun.

Huang Jiebing, chairman of the China Chamber of Commerce & Technology Mexico, said that Cancun is an ideal investment destination. The chamber is dedicated to promote the mutual cooperation of tourism, trade, investments and other fields.

A promotional film of Qingdao was played at the meeting, which featured the city's economic diversification and promoted the latest investment environment of Qingdao and received a good response of the Cancun side.

Well-known Qingdao enterprises were promoted at the meeting, including Hisense, a Chinese multinational white goods and electronics manufacturer, CRRC Qingdao Sifang, China's leading high-speed train manufacturer, and AUCMA, a world famous refrigeration equipment supplier.