QINGDAO introduced 69 key projects with a total investment of 93.3 billion yuan from State-owned companies and the country’s top companies this year. About 16.28 billion yuan has been paid into the account.

    Among these, 53 projects were by State-owned companies under the administration of the Central Government and the country’s top 500 companies, accounting for 76.8 percent in total.

    About 14 projects had investments of more than 2 billion yuan in place and the total investment was about 68.53 billion yuan, accounting for 73.5 percent of the total. These included a technological finance center and a five-star hotel in the high-tech zone by the Yurun Group with total investment of about 6 billion yuan. The project will open in 2012, offering more than 1,000 jobs.

    A Qingdao creative cultural industrial park project costing 4.8 billion yuan by the Yangguangxinye Real Estate Co. Ltd. will feature a film, TV and animation park, a creative professional incubator and service outsourcing park to promote the creative cultural industry.

    Forty-four projects costing 80.1 billion yuan were in the service industry.

    They were mainly in areas such as commercial venues, logistics and real estate. Other industries include 11 manufacturing projects with about 4.44 billion yuan in investment and 14 new energy and high technology projects.

    (Wang Yuanyuan, Zhou Jianliang, Chai Jinghong)