In the first half of 2020, Yantai has held a total of 69 promotional online investment activities in an effort to attract more capital and investment projects.

From January to June, Yantai has utilized 401.92 billion yuan ($57.42 billion) in external capital, an increase of 56 percent.

Zhang Shuping, Party secretary of Yantai, and Chen Fei, the city's mayor, attended a promotional meeting for key investment projects in Shandong pprovince and provided guidance on how to further expand areas of cooperation.

Thousands of executives from Toyota, SK, Linde Group, General Motors, and many other top enterprises have been invited to the event, which is expected to have a huge influence on investment.

A signing ceremony is held for the first projects entering the Yantai International Investment Industrial Park. [Photo/WeChat account: gh_5ec6eb206937]