Qingdao is planning a region that will act as a springboard for trilateral economic cooperation.
The coastal city Qingdao in Shandong province aims to develop a new economic zone on its west coast, pledging to build it into an economic engine that could rival the city as a whole in terms of economic output in the next five years.
The West Coast Economic New Zone in Qingdao, Shandong province, will achieve a GDP of 500 billion yuan ($79.3 billion) by the end of the 12th Five-Year-Plan period (2011-2015), accounting for around 76 percent of the GDP of the whole city in 2011, according to the local government.
Qingdao is planning a region that will act as a springboard for trilateral economic cooperation, paving the way for formal negotiations on a free trade agreement among China, Japan and South Korea, which the three countries agreed to launch by the end of the year.
Polar icebreaker Snow Dragon arrives in Antarctic
Xi's vision on shared future for humanity
UN's top environmental honors go to three in China
German trains collide near Duesseldorf, several people injured
China beats Germany 7-4 in men's curling Olympic qualification
Bayern beat Paris Saint-Germain 3-1 in UEFA Champions League
Copyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
