A conference focusing on financial and project cooperation between Qingdao and Yantai was held in the coastal city of Yantai on June 23.

The conference is a part of the efforts to promote the integrated development of the Jiaodong Economic Circle, namely the cities of Qingdao, Yantai, Weihai, Weifang, and Rizhao.

The conference combined online and offline sessions.

A total of 10 Yantai enterprises conducted onsite roadshows and introduced several key projects covering equipment manufacturing, healthcare, information technology and modern agriculture.

More than 2,200 people participated in the event online.

Hosted by Yantai municipal government and Qingdao municipal government, the conference accelerated the integrated development - in both capital and industry - between the two cities.

The event also created more opportunities for industrial and financial cooperation in Yantai, Qingdao and the Jiaodong Economic Circle.

Yantai and Qingdao enjoy a close relationship in terms of economy, culture and investment, which is a major boon to the development of the Jiaodong Economic Circle.

More efforts are being made to promote transportation between the two cities. The Laixi-Rongcheng Railway project will connect Qingdao, Yantai and Weihai cities. Qingdao metro line 11 will extend to Laiyang and Haiyang in Yantai.