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Hopes high for Qingdao free trade area
As of the end of 2019, the Qingdao area of the Shandong FTZ had 1,851 newly registered market entities, 64 of which were foreign-funded. There were also 78 industrial projects either already under construction or still in the preparation stage, with a total investment of 86.9 billion yuan ($12.55 billion).
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Shandong FTZ unveiled in Qingdao
The Qingdao Area of China (Shandong) Pilot Free Trade Zone (FTZ) was officially unveiled in the coastal city of Qingdao, Shandong province on Saturday.
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Shandong FTZ seen as beacon for growth, prosperity
The new Shandong free trade zone, widely seen as providing an engine for growth and innovation that will add to the nations economic advancement, was inaugurated on Friday.