The Port of Qingdao, a subsidiary of Shandong Port Group, is the world's sixth-largest comprehensive port. It features the largest ore wharf, the largest oil terminal and the most advanced fully automated container terminal in the world. Volume of rail-sea transit services, measured in containers, has ranked first in the country for six consecutive years.
"Great efforts will be made to boost rail-sea transit services and the shipping industry, making the city a gateway to the Yellow River Basin, which is expected to boost economic development and trade between China's eastern and the western regions by connecting land and river areas," Zhao said.
As for the marine industry within the city, Zhao said the industrial system is complete, with revenue in each of five major sectors surpassing 100 billion yuan.
Manufacturing of marine-related equipment, products and materials, as well as coastal tourism, also play important roles in the economy.
"The city is also joining hands with neighboring cities within the province to build a demonstration zone for the marine economy," Zhao added.