China Daily

Jiaozhou speeds up build of key destinatio­ns for investment, business

- By CAO YINGYING

Jiaozhou, a county-level city in Qingdao, has accelerate­d the constructi­on of five strategic developmen­t platforms — to promote their quality, scale, profitabil­ity and competitiv­eness, so as to contribute more to the economy of Shandong province.

The five developmen­t platforms are the national-level Jiaozhou Economic and Technologi­cal Developmen­t Zone, the Jiaodong Airport Demonstrat­ion Economic Zone, the Eurasian Economic and Trade Cooperatio­n Industrial Park, Qingdao Dagu River Holiday Resort, and Qingdao Jiaozhou Bay Logistics Park.

Sun Yonghong, Party secretary of Jiaozhou, said: “The five platforms are the main destinatio­ns of investment and business in the city, and strongly support the economic developmen­t of Jiaozhou and Qingdao.”

Jiaozhou Economic and Technologi­cal Developmen­t Zone has signed agreements for 132 projects, involving total investment of 151 billion yuan ($23.54 billion), as it pursues its aim to become a high-end, intelligen­t and ecological center.

The zone is pursuing defined economic directions: intelligen­t manufactur­ing, intelligen­t cold chain covering household refrigerat­ors, industrial freezers, cryogenics, and air conditioni­ng, the intelligen­t home, and the bio-medical, e-commerce, scientific innovation center and supply chain logistics sectors.

The Jiaodong Airport Demonstrat­ion Economic Zone will rely on the new Qingdao Jiaodong Airport to advance its plans to develop into a modern, ecological­ly friendly airport city.

The zone has enhanced the infrastruc­ture of the aerodrome and support transporta­tion — including expressway­s, railways and subways. An airport comprehens­ive bonded area is designed to build up the zone as one of the most influentia­l free trade ports in northeaste­rn Asia.

The Eurasian Economic and Trade Cooperatio­n Industrial Park, supported by the Ministry of Commerce, is focusing on internatio­nal exchanges with Europe and the AsiaPacifi­c region. It aims to become a model of business cooperatio­n among the countries and regions involved in the Belt and Road Initiative.

Elsewhere, the Dagu River Holiday Resort is focusing on the developmen­t of a modern services industry, as well as ecological protection. Highend hotels, an art center, a film and television base and a cultural park in the resort have attracted many tourists.

The resort has improved its environmen­t, building a 15 kilometer landscape corridor around the lake. As a result it was selected as one of the first beautiful wetland parks in Shandong.

Meanwhile, Qingdao Jiaozhou Bay Logistics Park has accelerate­d its transforma­tion to become a new platform for internatio­nal commerce, expanding its service and transporta­tion volumes.

Jiaozhou Bay has launched 12 freight lines for domestic and overseas destinatio­ns, including the China-Europe railway to Russia and a special line to connect with South Korea and Vietnam.

Zhang Youyu, mayor of Jiaozhou, presented a government work report to the second session of the 17th People’s Congress of Jiaozhou city on Jan 16.

According to the report, Jiaozhou’s GDP reached 112.9 billion yuan in 2017, an increase of 9 percent yearon-year. Per capita disposable income reached 31,230 yuan, growing by 8.5 percent compared with 2016.

In a developmen­t report on county-level cities, released by China’s first County Economy Developmen­t Forum, Jiaozhou ranked 11th in the comprehens­ive competitiv­eness section and fourth in the investment potential section.

Jiaozhou city ranked first among 50 county-level cities in the fifth National Civilized City list in November.

“These awards honor more than 800,000 local residents and showcases the comprehens­ive developmen­t level of Jiaozhou,” Zhang added.

 ?? PROVIDED TO CHINA DAILY ?? The first China-Europe freight train leaves Qingdao and heads to Moscow on June 24, carrying machinery equipment, tires and rubber, and home appliances from the city.
PROVIDED TO CHINA DAILY The first China-Europe freight train leaves Qingdao and heads to Moscow on June 24, carrying machinery equipment, tires and rubber, and home appliances from the city.

Newspapers in English

Newspapers from Hong Kong