Butter officially entered Shandong International Bulk Commodity Trading Market in the China (Shandong) Pilot Free Trade Zone (FTZ) Qingdao Area on Feb 28, which filled the gap of online trading of butter in the domestic market.
A total of 101 projects valued at of 200 billion yuan ($31.69 billion) will be invested in Qingdao West Coast New Area (WCNA) during 2022, according to preliminary news.
Recently, the Sino-German Ecopark in Qingdao West Coast New Area (WCNA) signed an investment agreement with German Diehl Controls (Nanjing) Company to construct a production base.
The Qingdao West Coast New Area hosted a ceremony on Feb 8, announcing that the Weichai Marine Equipment Manufacturing Center as well as 124 key projects valued 88.97 billion yuan ($13.98 billion) have officially started construction.
China's first ultra-low temperature refrigerated transportation and processing ship, the"Ocean Star", was officially put into operation in the West Coast New Area in Qingdao.
Qingdao West Coast New Area recently received the title of "2020 Shandong's advanced district in high-quality development of private economy".
The world's first integrated liquefied natural gas (LNG) core process module, the A5EA process module recently set sail on the semi-submersible ship FORTE from the Qingdao West Coast New Area (WCNA) to Canada.
Qingdao West Coast New Area sees sound econimic growth.