The coastal city of Qingdao, East China's Shandong province held a business seminar themed Belt and Road Initiative in Tel Aviv, Israel on April 21.

The Belt and Road Initiative, namely the Silk Road Economic Belt and the 21st Century Maritime Silk Road, was put forward by Chinese President Xi Jinping in 2013.

There was also a documentary, Trade with Qingdao, shown at the gathering and an address by Liu Mingjun, Qingdao's deputy mayor, on Qingdao's urban development strategy and cooperation opportunities in accordance with the central government's Belt and Road Initiative.

Executives from six Qingdao-based companies had in-depth talks with leaders of more than 40 Israeli enterprises, some of which voiced their intents to cooperate with Qingdao enterprises.