Qingdao– Info

		View of Qingdao

Qingdao has an international reputation as a cosmopolitan trade center and port city, being one of the five biggest foreign trade ports in China . The city has a population of 7 millions of inhabitants. It is located in the east coast of China, in the Province of Shandong, in an economic belt of 600 millions of population. The city of Qingdao enjoys a healthy economy, a growing business sector and excellent infrastructures. Besides, it is a famous and beautiful city with a great charm.

It is a interesting city for the investors because of the following additional information:

• In Qingdao are located some of the most important expositions and events of China.
• It is one of the most important industrial cities in China.
• It is one of the five biggest free trade zones in China.
• Qingdao has the biggest electric appliances manufacturing base in China.
• It has the biggest beer producing base in china.
• It has established business relation with over 140 countries and regions and over 450 ports.
• It has an excellent public transport system and connections with the most relevant cities in China: international airport, one of the biggest ports (the most important in the P.R. of China after Shanghai), and good railway and road networks.

All together make Qingdao a very attractive location for business and trade in China and a very pleasant place to live in.

Automobile industry

The recent booming automobile industry and increasing demand from the local market presents great potential to foreign companies to invest in the wide Chinese market. In 2003, were carried out the following Joint Ventures in this sector:

• Qingdao Coach Company, in cooperation with VOLVO. It produces passenger cars.
• Qingdao Public Communication Group, in cooperation with MAN Germany. It produces buses.

In Qingdao are established 100 supplier enterprises, which wish to cooperate with European enterprises as a Joint Venture or other cooperation agreements form.

We have the best contacts in the automobile sector in the Shandong Province!

Other interesting information

• In Qingdao there are several educational centers with a good reputation: a wide variety of technical universities, language centers, and international schools. This fact guarantees the cover of the demand of qualified labour force.
• Qingdao has a strategic geographic position, next to Shanghai and Peking. Besides, it is one of the three biggest exhibition cities in China: "International Home Electric Appliances Exhibition", "Qingdao Beer Festival" and "China Oceanic Exposition" are held every year in Qingdao City.

Qingdao offers mild nature conditions and high qualified living conditions:

• It is interesting also to emphasise the 12° C annual average temperature, fact that makes possible to spend a great time on the beautiful and endless beaches during all the year, as well as walking in the streets and visiting commercial centers.
• Each year are coming to visit cosmopolitan city tourists from all over the world.
• Qingdao will be the host city for sailing races during Olympic Games 2008.