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Industries related to its neighboring ocean continue to play a crucial role in Qingdao, a coastal city of Shandong province, where fisheries, other marine products and shipbuilding are pivotal to the city's economy.
Qingdao plans to develop eight marine fishery projects in the next five to six years, according to Qingdao marine fishery bureau.
China's largest salt logistics center was established in Qingdao on July 8, 2009. The planned area of this center is 200mu, with an investment of 400 million yuan.
The Qingdao Ocean Spring Resort, under construction with an investment of 4.6 billion yuan in Jimo, is scheduled to open in 2011.
A Qingdao center for gathering atmospheric data over oceans is set to open in June.
A desalination plant will be built in Kiaochow Bay, according to the Shandong Science Meeting.
The forum, emphasizing the theme “Ocean economy leads the future,” centers on ocean development strategies.
During his inspection tour of Shandong province earlier this year, President Hu Jintao underlined the commitment to the economic development of the region.