Development

INTRODUCTION TO QINGDAO

Qingdao City has five county-level cities and seven districts, covering 10,654 square kilometers with a population of 7.06 million. Lying in the temperate monsoon climate zone, Qingdao has an annual average temperature of 12.2°C and annual precipitation of 775.6 mm.

Situated on the western coast of Jiaozhou Bay, Qingdao Development Area is endowed with an advantageous location, with the national-level Qingdao Development Area, Qingdao Free Trade Zone, Qingdao Hi-tech Industrial Experiment Area and the provincial-level Xuejiadao Holiday Resort scattered around. QDA has convenient access to Qingdao City proper both from land and on the sea. It has a oil dock, an ore dock, a bulk cargo dock and two container docks, which constitute Qianwan Port. As a key development and opening spot of Qingdao , QDA boasts eye-catching scenery, pleasant climate and tremendous development potentials.

Qingdao , located at the southwestern end of Shandong Peninsula , is a famous opening coastal city characterized by port trade, light chemical industry, financial service, tourism and oceanographic research. It is a state-designated national economic central city, opening coastal city, self-planning city and Vice-provincial-level City . Qingdao , as one of the top five foreign trades ports in China , is also a famous historical and cultural city as well as a famous summer resort.

INTRODUCTION TO QDA

Qingdao Development Area (QDA) was approved by the State Council in October 1984 and March 28,1985 saw the official laying the foundation stone. Since then, it has been Qingdao 's key development area benefiting from a series of government preferential policies for open coastal cities.

Qingdao Free Trade Zone, Qingdao Hi-tech Industrial Experiment Area and Xuejiadao Holiday Resort have been established within the Area.

Situated on the western coast of Jiaozhou Bay and facing Qingdao City proper across the sea, QDA is only 2.26 nautical miles from Qingdao at the narrowest points. In 1992, QDA and Huangdao District of Qingdao combined into one administrative body, administering an area of 220 square kilometers and 300,000 people. Backed by mountains and bordering on the sea, it has become a new hot spot for investment economic development.

The QDA Administrative Committee is an extension of Qingdao Municipal Government, responsible for the administrative and investment affairs within the Area. The committee has autonomy to authorize provincial-level foreign investment projects as well as registration of industrial customs, commodity inspection, and other related activities. QDA provides round-the-clock services for domestics and foreign investors.

With regard to the strategic planning, QDA is divided into 6 major sectors:

(1) Petrochemical industrial area
It mainly covers the northern part of the Area, which will utilize Huangdao Oil Port to develop a petrochemical and chemical fiber industry. The intention is to develop the largest petrochemical base in northern China .

(2) International trade, storage and processing industrial area
By fully utilizing policies for the Free Trade Zone and taking advantage of proximity to the port, the scope for bonded goods will be enlarged. Free trade expertise will be employed to enlarge the trading center's import, export and transit trade. Development will also take place in the distribution center through storage and transport and in the processing center. The high & new technology center will see further industrialization and the communication center will mount more home and overseas information exhibitions to display imported commodities. These developments will fully integrated the Free Trade Zone with international markets and maximize its functions, services and benefits.

(3) Port area industrial area
By taking fully advantage of proximity to the ports, the construction of the industrial park and the introduction and development of large industrial projects will be accelerated. Emphasis will be placed on projects for biomedicine, household appliance, electronic information and new building materials. Expansion in the area will lead to the development of a large port-dependent advanced technology industrial base.

(4) High-efficient agricultural area
The area mainly in the west of the Area in intended for the development of ecological agriculture, forestry, fruit and vegetable cultivation and animal husbandry.

(5) Administration and commerce area
Based on the new administrative center, the south of the Area will become the cultural, financial and commercial center, which will constitute the symbolic central area in the second ten-year plan.

(6) Comprehensive tourism area
Drawing on the plentiful resources of the natural landscape, a modern comprehensive area will be established where one can enjoy mountain-sea scenery, entertainment, holidays, leisure activities and recuperation and sea sports.