Orix Corporation, a Fortune Global 500 company, recently set up another company in Qingdao, Shandong province with 200 million yuan ($29.03 million) in registered capital.
Japanese Ebara Environmental Plant, one of the world's top 500 manufacturing companies, started constructing its China headquarters Ebara Environmental Plant (China) in Qingdao on March 21 with a total investment of $120 million and a registered capital of $37 million.
On March 1, the Qingdao Maritime Court in Shandong province opened a space specifically to deal with maritime affairs in the Qingdao pilot free trade zone.
Qingdao FTZ recently held a special job fair for college graduates in order to boost employment and bolster local industrial development during the spring recruitment season.
The 2023 Chinese Football Association (CFA) Youth Football Championship (Key Cities Group) officially kicked off on March 4 in the Qingdao Division at the Sino-German Ecopark's German Football Asia Base.
The construction of 97 key projects is being accelerated in the Qingdao Area of the China (Shandong) Pilot Free Trade Zone (Qingdao FTZ), Dazhong Daily reported.
As nation sharpens focus on growth, foreign firms ramp up investments, expand operations.
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.