Yantai sets sights on deep sea, marine economy

Emerging industries such as marine equipment manufacturing, marine biopharmaceuticals, and seawater desalination achieved an average annual growth rate of nearly 13 percent, serving as important growth poles for the high-quality development of the marine economy. The nation's first offshore economic development zone was also established in the Changdao Comprehensive Experimental Zone, and the province's first marine high-tech industrial development zone was established in Longkou.

Last year, the nation's first offshore economic development zone, the Changdao "Blue Granary" Marine Economic Development Zone, was established in Yantai. In order to promote the rapid development and construction of the development zone, Yantai introduced a package of support policies.

Offshore development zones are a novel concept, with limited available experience to draw from, requiring continual exploration and advancement through trial and error.

Changdao Island lies between the Bohai Sea and the Yellow Sea, and is known for its clean sandy beaches and limestone cliffs. [Photo/WeChat account: yantaifabu]