The total number of China-Europe freight train trips operated by a multimodal transport center in Qingdao, Shandong province, soared — up 36.3 percent year-on-year to 620 from January to October — playing a significant role in stabilizing supply chains and foreign trade.
In the first three quarters of 2022, Qingdao's total imports and exports value increased by 7.5 percent year-on-year to 665.41 billion yuan ($92.23 billion).
Shandong province's first XR virtual shooting laboratory and production team recently settled in the Oriental Movie Metropolis studio in Qingdao West Coast New Area (Qingdao WCNA).
With a total investment of 2.81 billion yuan ($384.7 million), 10 major projects recently started construction in Qingdao West Coast New Area.
Qingdao is striving to build a modern marine economy. It aims to become a hub for international marine science and technology innovation, international shipping, the marine industry, marine ecology and vigorously enhance its core competitiveness.
As of September 30, there were 13,965 foreign-funded enterprises in Qingdao, up 0.45 percent year-on-year and accounting for 0.69 percent of the total number of market entities of all kinds.
Local officials will maximize services for enterprises, expand the sales markets of products and strive to build Qingdao into a global leader in gene sequencing equipment production.
Qingdao city's home appliance and electronic information base, software and information services base, shipbuilding and marine engineering equipment base received five-star ratings, according to the national new industrialization demonstration base evaluation results recently released by the Ministry of Industry and Information Technology.
