Qingdao West Coast New Area

Qingdao West Coast New Area was approved by the State Council to be the country's ninth national-level new area on June 3, 2014.

Covering a land area of 2,096 square kilometers and a sea area of 5,000 sq km with a 282-km-long coastline, the new area governs 26 towns and 1,221 villages and has a permanent resident population of 1.8 million.

The GDP of the new area in 2015 was 260 billion yuan ($37.68 billion), up 12 percent year-on-year. The public budget revenue totaled 19.8 billion yuan, a year-on-year increase of 12.8 percent while surpassing six prefecture-level cities in Shandong province. The actual received foreign investment amounted to 1.74 billion US dollars and the total export-import volume was 21.6 billion dollars, both surpassing 14 prefecture-level cities in the province.

Due to its solid industrial foundation and years of development, the new area has formed six 100-billion-yuan industrial clusters, including shipping, petrochemical, household electronics, marine engineering, automobile and parts, as well as machinery.

Meanwhile, its modern service system, which covers industries of information technology, tourism, financial insurance, port logistics and headquarters economy, has been initially formed.