Qingdao West Coast New Area is the ninth State-level new area approved by the State Council on June 3, 2014.
Due to its solid industrial foundation and years of development, Qingdao West Coast New Area is a leading area for high-quality development, a new highland for reform and opening up, a new model for urban construction, and a new paradigm of livability and happiness.
The economic indicators of Qingdao WCNA reached new highs in 2022. Its GDP increased by 4.8 percent year-on-year to 469.19 billion yuan ($64.69 billion), accounting for 31.4 percent of the city's total.
In order to encourage Shanghai companies to invest in Qingdao's marine industry, a promotion and negotiation meeting was hosted in Shanghai by the Qingdao municipal government on Aug 30.
The 2023 China Netcasting Creation Summit was held in the Qingdao WCNA from Aug 24 to 25.
A delegation of 15 foreign experts from 14 countries paid a visit to Qingdao, Shandong province, from Sept 22 to 25.
Qingdao, Shandong province, is committed to elevating its innovation efforts in the services trade and actively engaging in the global services trade network.