News and Policies
Qingdao FTZ fosters innovation and development
Updated: Dec 8, 2023
chinadaily.com.cn
Print
Share - WeChat
A US cargo ship docks at the Qingdao Port, Shandong province. [Photo by Yu Shaoyue/For China Daily]
The Qingdao Area of the China (Shandong) Pilot Free Trade Zone (Qingdao FTZ) has emerged as a hub of institutional innovation and nurtured competitive industrial clusters after implementing several groundbreaking reform measures.
The number of the zone's innovative practices in institutional reform this year is expected to reach 127, including five that will be promoted by the State Council and national ministries.
Qingdao FTZ's foreign trade is expected to increase by 9.9 percent year-on-year, while fixed asset investment is expected to increase by 20.4 percent year-on-year. Moreover, it has attracted 12 new investment projects from Fortune 500 companies that have significantly contributed to Qingdao's high-quality development.
MOST POPULAR
- 1 China to give visa-free treatment to another 9 countries
- 2 China fully opens manufacturing sector to foreign investors in landmark opening up move
- 3 China's import expo attracts record-breaking participating countries, exhibitors
- 4 China's door opening even wider to foreign visitors, businesses
- 5 China revises rules to ease foreign strategic investment in listed firms
Editors' Picks
Video:
Peru sees new port open
Infographic:
China's public holidays for 2025
Infographic:
Basic facts of APEC
Infographic:
Wrapping up the 7th CIIE: Data recap
