On the afternoon of May 25, 2020 Business Promotion Conference on Inclusive Financial Support for Market Entities of Qingdao Japan International Business Club was held. Nearly 20 financial institutions from the city had face-to-face communication with representatives of Chinese and Japanese companies on such topics as equity-insured loans and big data credit financing, aimed at helping enterprises cope with the impact of COVID 19 and solve financing difficulties.

The conference is jointly sponsored by Qingdao International Economic Cooperation Zone and Qingdao Productivity Promotion Center. Qingdao Productivity Promotion Center, 3GOLDEN, Shanghai Pudong Development Bank Qingdao Pilot Free Trade Zone Branch explained their policies concerning services such as integrated equity-insured loans, small and micro businesses big data credit financing, sci-tech loans, etc. Companies such as HENOTEC had in-depth communication with financial experts about their financing issues and needs. Ten companies including Qingdao Qingtai Construction Technology Co., Ltd., and Qingdao Haizhichen Industrial Equipment Co., Ltd. reached cooperation intent worth 30 million yuan with financial institutions at the conference.    

It is learnt that this conference is the first major financial activity after the Business Club was inaugurated on May 19. The conference fully leveraged the advantage of the Business Club to promote interaction and integration of domestic and international capital and information to generate value in an exponential manner, so as to promote common development and prosperity of the companies in the zone and the financial sector.