July 8, 2026 — Qingdao held its venture-capital conference and launched the
Qingdao Fund Industry Development Alliance, which has attracted over 100 members
including state-owned enterprises, leading investment firms, financial
institutions, intermediaries and research institutes. The alliance will provide
a government–enterprise, multi-party platform for industry–finance matching and
aims to cultivate long-term and patient capital. Qingdao city also signed
strategic cooperation agreements with Shanghai Pudong Development Bank, Guotai
Haitong Securities and Zhongtai Securities.