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.
In 2021, Qindao WCNA's gross domestic product (GDP) reached 436.85 billion yuan, up 10.3 percent year-on-year. It ranked third among the 19 State-level new areas in terms of comprehensive strength.
Qingdao West Coast New Area (Qingdao WCNA) recently issued a plan for the development of its high-end manufacturing industry during the 14th Five-Year Plan period (2021-25).
Qingdao West Coast New Area (WCNA) recently issued a development plan for its financial industry during the 14th Five-Year Plan period (2021-25).
Qingdao in East China's Shandong province is striving to build itself into a leading city in the development of top industries and a modern maritime economy.
In the first quarter of 2022, the operating revenue of 31 enterprises above designated size in the film and television industry in Qingdao West Coast New Area (WCNA) totaled 151 million yuan ($23.72 million), registering a year-on-year growth of 168.74 percent, indicating that the industry is off to a good start this year.