Ishibashi Tadashi, executive officer of ITOCHU, CEO for the ITOCHU East Asia Bloc, highlighted the significant advantages that Shandong province provides for multinational companies at the fifth Qingdao Multinationals Summit.

He said that the Confucian values of "benevolence, righteousness, propriety, wisdom, and trustworthiness", combined with the province's hospitality, create a favorable environment for business operations.

He added that ITOCHU has been present at every Qingdao Multinationals Summit so far, aiming to gain a deeper understanding of Shandong's economic landscape and the region's policies regarding foreign investment.