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QIECZ named the Most Valuable Park for Investment in China 2019
2019-12-30

The 2019 Global Cooperation and Investment Attraction Summit & the 9th Global Times General Review was held in Beijing Dec 28, 2019. Qingdao International Economic Cooperation Zone (Sino-German Ecopark) was named the Most Valuable Park for Investment in China 2019.


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The 9th Global Times General Review takes a global perspective in seeking the cities, key conurbations and industrial leaders that offer new ideas and opportunities for the internationalized development of the new economy in the new era. The ranking agency believes that Qingdao International Economic Cooperation Zone (Sino-German Ecopark) has scored remarkable achievements in upgrading city functions and quality, deepening opening up and cooperation and fostering high-quality development which enables the growth of the new economy. According to the survey carried out by Global Times’Global Poll Center and also based on the opinions of domestic and foreign specialists in various fields and the annual data collected in 2019, Qingdao International Economic Cooperation Zone (Sino-German Ecopark) was named the Most Valuable Park for Investment in China 2019.


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There are in total ten recipients of the title the Most Valuable Park for Investment in China 2019. They are China (Shanghai) Pilot Free Trade Zone Lingang New Area, Kunshan Economic and Technological Development Zone, Sino-German Ecopark, Beijing Economic and Technological Development Zone, Wangcheng Economic and Technological Development Zone, Xi’an Economic and Technological Development Zone, Chengdu Sino-French Ecopark, Nanjing Pukou Economic and Technological Development Zone, Huizhou Dayawan Economic and Technological Development Zone and Daqing High-Tech Industrial Development Zone.   


Sino-German Ecopark was signed in July 2010 under the witness of the Chinese premier and the German Chancellor. Its construction began in July 2013. Over the past six years, with a vision to pursue an idyllic environment, green development and a beautiful life, the park has invested over 57 billion yuan in fixed assets. Its paid-in FDI and paid-in domestic investment have reached USD 680 million and over 12 billion yuan respectively. Tax revenue has registered 1.55 billion yuan. Index of contribution to the real economy has doubled every year for consecutive years. Six of the Global 500 companies, more than 30 industrial leaders, over 500 companies have established presence in the park, forming four industrial systems of intelligent manufacturing, life and health, new energy and new materials and high-end equipment manufacturing. It is praised by the Chinese Ministry of Commerce and the German Federal Ministry for Economy as “a beacon project in the ecological field between the Chinese and German governments and a prime example of Sino-German bilateral cooperation.”


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