Qingdao Port of SPG was ranked as a world-class port.
The Sino-German Ecopark is China's first bilateral demonstration park focusing on ecology.
The Qingdao area of the China (Shandong) Pilot Free Trade Zone has built China's first "green free trade" development index system under a low-carbon concept, marking a breakthrough in institutional innovation based on green development and strengthening its role in responding to the global climate change and carbon neutrality.
Shandong province in eastern China is promoting strategic upgrading of the China (Shandong) Pilot Free Trade Zone (FTZ) through a plan issued in January aimed at reform and innovation.
The China (Shandong) Pilot Free Trade Zone Qingdao Area, or Qingdao FTZ, which serves as a pilot area for reform and innovation, launched 125 new innovative practices in 2022, according to official statistics.
The finance lab of the China (Shandong) Pilot Free Trade Zone Qingdao Area, or Qingdao FTZ, now yields an average of two financial system innovation achievements per month, which has greatly improved the area's financial services.
Since its establishment in 2019, the Qingdao Area of the China (Shandong) Pilot Free Trade Zone has taken institutional innovation as its core to boost the opening-up and high-quality development of the region, said local officials.
Qingdao FTZ has made 176 institutional innovation achievements and 132 of them have been replicated and promoted in Qingdao West Coast New Area.
China (Shandong) Pilot Free Trade Zone Qingdao Area
