By the end of 2002, the actual used foreign capital will increase 56% to hit 2.5 billion us dollars, and the export will reach 8.5 billion us dollars.

Qingdao Hisense Group has sent out 150 sales person and engineers to the middle east,the United States and other countries and regions t o hold overall on-the-spot investigations on consumption habits and economic growth in those places. The investigations are expected to help the group to set the market exploration strategy.

Vice General Manager Cheng Kaixun said the group also strengthened after- sale services for overseas customers while they are providing higher quality products to them.

Local GDP maintained two digit development in the last several years thanks to the continues development of the export oriented economy. Introducing foreign capital and cooperating with large overseas enterprises to upgrade local industry became the firm support of the local export. Haier Group cooperates with Sanyoo to share the partner's sales network. The group's products are selling well in Japan, Aucma group joins hands with GE and meets the international quality standard. The group has enjoyed a 3 digit increase in export for several months. During the first 10 mouths this year, 10 world top 500 enterprises have invested in Qingdao.

153 programs exceeding 10 million us dollars. 130 out of the 153 programs are new and high-tech ones.

(TOP86)