Qingdao attracts Fortune Global 500 enterprises
China Dailychinadaily.com.cn | Updated: September 25, 2024 Qingdao WCNA is at the forefront of serving national strategies, with a particular focus on marine development. A signing ceremony for 36 key projects, with a total investment of 33.2 billion yuan, was held in the Qingdao Area of the China Pilot Free Trade Zone, or Qingdao FTZ, on Sept 23. These projects, covering six areas including modern finance, modern marine industry, international trade, shipping logistics, advanced manufacturing, and integrated circuits, are expected to inject new vitality into the high-quality development of the zone, which is located in the Qingdao West Coast New Area. The total investment in projects focusing on the modern marine industry is 2.04 billion yuan, with China COSCO Shipping's marine equipment precision intelligent manufacturing project focusing on the new industry and logistics elements in the Qingdao FTZ, constructing a marine intelligent manufacturing industry base. The total investment in the signed integrated circuit industry projects is 2.7 billion yuan, which will further supplement the integrated circuit industrial chain, including design, materials, equipment manufacturing, testing, and module packaging.