Key Areas for Foreign Investment
Location of the Peninsula (Qingdao, Yantai and Weihai):
(The peninsula manufacturing base covers an area of 29,835.74 square
kilometers with a total population of 16,099,900 and economic aggregate (GDP) of
33.367 million yuan.)
Qingdao: Qingdao is the partner city to host sailing events of the 2008
Beijing Olympic Games. The GDP of Qingdao was 151.82 billion yuan in 2002. It is
expediting the construction of "four large manufacturing bases" of electronic
home appliance, automobile, train and ship as well as petrochemicals and new
materials. Qingdao Beer, Haier, Hisense, Double Star, Aucma and Etsong are
well-known corporations of Qingdao.
Yantai: In 2002, the GDP of Yantai was 111.5 billion yuan. Its industrial
sector kinds mainly covers fields of light industry, foodstuff, textiles,
machineries, electronics, and chemistry. In its new developed industries, famous
and high quality products are automobiles, vehicular air conditioners,
electronic screens, electronic components, freezers, construction machineries,
power equipments, conductive glass, polyamide fiber, ammonia fiber and
computers. Yantai Zhangyu Group, Yantai Dongfang Electronic Information Industry
Group Co. Ltd., Yantai Synthetic Fiber Group Co. Ltd., Shandong Longda Co.,and
Shandong Nanshan Group are representatives of Yantai's famous enterprises.
Weihai: In 2002, the GDP of Weihai was 70.35 billion yuan. With powerful
industrial restructuring, its traditional industries such as machinery,
chemistry, construction material have been improved greatly and some hi-tech
industries including electronic information, new material and bioengineering
have been developed prosperously, accounting for 14.7% of the gross value of
Weihai's industrial output. Large enterprises are playing their powerful
supporting and promoting function in Weihai's industrial development. Some
famous enterprises of Yantai are Gold Monkey, Triangle Tyre, Chengshan Tyre, and
Yunlong Embroidery.Enditem will
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