Qingdao
Qingdao is known for: its lovely beaches, classic European architecture, and ample green landscape.
Economic Zones for Qingdao include:
- Qingdao Economic & Technological Zone
- Qingdao Free Trade Zone
- Qingdao High-Tech Industrial Park
Prioritized Industries: automobiles, consumer electronics, building materials, shipbuilding, cargo handling, petrochemicals, steel, alcohol, textiles & apparel, food processing equipment and chemical fertilizer.
Advantages: Qingdao is an open port city (one of 5 major ports in China), with 97 international routes. Qingdao was also honored as a World Bank “Golden cities” (measuring the investment climate, harmoniousness, governance and other metrics).
Trade Shows:
Statistics
- Average per capital income $3,812
- Population 7.3 million
- Imports from the U.S. $4.37 billion
From the book:
“Qingdao is another thriving port city on China’s eastern seaboard. In the past twenty years, Qingdao has attracted over $19 billion in foreign direct investment, with over 17,854 foreign-invested companies. Seventy-six Fortune 500 companies have established projects in Qingdao. Key industries include automobiles, consumer electronics, building materials, shipbuilding, petrochemicals, steel, beer and wine, textiles and apparel, food processing equipment, and chemical fertilizer. Qingdao’s Shandong Province is rich in mineral resources and crude oil (representing 15 percent of the country’s total). The soil contains sulphur, diamonds, graphite, coal, iron, and magnetite.”