Qingdao, a summer resort on the eastern coast of China, plays a significant role in the development of Chinese economy . Qingdao is also well known for its long cultural history. The sailing events of the 29th Olympic Games will be held here in 2008.

Qingdao's downtown areas are augmented by the inherited architectural styles from Europe and Japan as well as many Chinese classic designs.

The economy in Qingdao continues to prosper due to the well developed harbors , oceanographic research institutions , large competitive enterprises. The GDP in Qingdao in 2003 was 178.03 billion RMB, a 15.9% increase over that in 2001, and overseas investment amounted to 16.2 billion USD.

Qingdao is a modern international big port which has had a one-hundred millions tons handing capacity history for 110 years .Qingdao has one of the 520 key state-owned enterprise of China. It port production continuously stride across 7 big steps of ten million ton level .The port's handling capacity of 2001 year reach one hundred and four millions tons, become one-hundred millions tons of comprehensive international big port. It handling capacity for foreign trade reaches to 70,160,000 tons. It completes 2,640,000 standard container each year, becomes the world 19th standard container handling big-port. Port main business income and profit total quantum hold second position of China coast port.

With China's entry into WTO , emphasis has been laid on the development of port services , oceanographic research and tourism as well as the manufacturing of home appliances , ship , automobiles, locomotives and rolling stock , containers and new materials to accelerate the local economy in line with state economic strategies.

Qingdao's economic prosperity will create more business opportunities and the efficient reform will
accelerate the process of economic construction. We sincerely express our welcome to you and look forward to your coming to Qingdao for investment , trade or sight - seeing.