In the first quarter, the Qingdao Area of the China (Shandong) Pilot Free Trade Zone, known as Qingdao FTZ, has driven the development of business entities, marking a promising start to the year.
Starting April 1, enterprises registered in the Qingdao Area of the China (Shandong) Pilot Free Trade Zone, Qingdao FTZ, has been able to engage in offshore trade without paying stamp duty.
On Feb 6, the Qingdao Free Trade Zone welcomed its first foreign-invested enterprise after the 2025 Spring Festival, successfully issuing its business license.
Since January this year, the Qingdao FTZ has been actively attracting talent by launching the Qingdao FTZ Talents Service Card, holding talent symposiums, and establishing the Overseas Talent Entrepreneurial Park.
The Qingdao Area of the China (Shandong) Pilot Free Trade Zone, also known as the Qingdao FTZ, made the 2022 list of China's most attractive industrial parks for investment.
As the key component in the construction of Shandong's marine economy, this year, Qingdao is accelerating its efforts to build itself into an international shipping center, in a bid to better serve the marine industry of the province.
The 2024 Qingdao International Talent Innovation and Entrepreneurship Week and the 24th "Blue Fair" opened in Qingdao West Coast New Area on Oct 18.
Since its establishment five years ago, the Qingdao FTZ has significantly enhanced its international hub capabilities through coordinated land and sea strategies and internal-external linkages.