The first Qingdao Multinationals Summit (hereinafter referred to as “the Summit"),approved by the State Council, jointly sponsored by the Ministry of Commerce and Shandong Provincial People's Government, was successfully held in Qingdao from October 19 to 20, 2019. President Xi Jinping sent a congratulatory letter to the Summit, pointed out that during the more than 40 years of China's reform and opening up, multinational corporations, as important participants,witnesses and beneficiaries,have played an active role. Hosting the Multinationals Summit and focusing on the cooperation between multinationals and China is not only an outlook of multinationals'development, but also a declaration for China to promote a higher level of opening-up. Xi stressed that the door of China's opening-up will only open wider and wider,the business environmentwill only get better and better,and opportunities for global multinationals will only be more and more. Global entrepreneurs are welcome to invest in China, strive for mutual benefit and win-win outcomes, and jointly create a better future. More than 5,000 representatives of multinational corporations, international organizations, business associations, experts and scholars from 81 countries and regions attended the Summit. Focusing on the annual theme of“Multinationals and China”,participants had in-depth exchanges on deepening mutually beneficial cooperation and reached broad consensus and a number of practical results during 33 activities rich in content and novel in form. The successful Summit fully demonstrated the great achievements of China's cooperation with multinational corporations over the past 40 years of reform and opening up, highlighted China's firm determination to further open to the world, vigorously signaled that we welcome multinational corporations to share the opportunities in China's market to rapidly develop, attracted great attention and positive response from the participants and the international community,and strengthened the confidence of multinational corporations in investing in China. Guest Speeches of the First Qingdao Multinationals Summit includes wonderful speeches of foreign dignitaries, representatives of international organizations, leaders of multinational corporations, representatives of well-known business associations, experts and scholars at the opening ceremony and opening forum, ready for our exchange and mutual learning.