A sub-forum of the 2022 Qingdao China Wealth Forum opened in the China (Shandong) Pilot Free Trade Zone Qingdao Area, or Qingdao FTZ, on July 31.
The import and export volume of the China (Shandong) Pilot Free Trade Zone Qingdao Area, or Qingdao FTZ, rose by about 5 percent year-on-year to 91.25 billion yuan ($13.53 billion) in the first half of the year, accounting for about 22 percent of Qingdao city's total.
Top executives from Shandong Port Group and Port of Long Beach in California have promised more substantial cooperation to contribute to trade and cultural exchanges between China and the US.
Qingdao's imports and exports volume rose by 2.7 percent year-on-year to 410.06 billion yuan ($60.81 billion) from January to June, accounting for 26.1 percent of the province's total in the period, according to Qingdao Customs.
The China (Shandong) Pilot Free Trade Zone Qingdao Area, or Qingdao FTZ, welcomed the first China-Europe freight train on July 17.
The eastern coastal city of Qingdao, Shandong province is beefing up efforts to build into an international gateway hub city.
The Qingdao Area of the China (Shandong) Pilot Free Trade Zone plays a vital role in national strategies by integrating favorable policies and promoting investment facilitation to boost development.
Officials to the third Qingdao Multinationals Summit, which was held from June 19-21, shared their experience in achieving innovation-driven development and high-quality opening-up in the Qingdao Area of the China (Shandong) Pilot Free Trade Zone.
China (Shandong) Pilot Free Trade Zone Qingdao Area
