HUANGDAO inspection and quarantine bureau examined imported 1.2342 million tons of naphtha, accounting for more than 50 percent of naphtha imports in the country. Huangdao is now the country’s biggest port for importing the product. (Wang Yuanyuan, Shen Junlin) Economic zone attracts foreign investment QINGDAO Economic Zone has attracted an increasing amount of foreign investment over recent years. According to statistics, the amount of contracted foreign investment and paid foreign investment accounted for more than 50 percent of investment in the whole city. Ninety-five new foreign-invested projects were introduced to the zone last year and paid capital reached US$763 billion, increasing by 36 percent. At present, there are three national home appliances, an industrial area, ship and ocean engineering base and ship exports base. Meanwhile, a new harbor city, a Phoenix Island international tourism island, an ecological intellectual city, a petrochemical zone and a north industrial zone are now under planning. The construction of a Sino-German ecological park will become a new platform for the city’s opening up and international collaboration. Contracted investment of the city’s bonded harbor area reached US$ 165 million, increasing by 322 percent, and it will expand with the opening of the second phase. (Wang Yuanyuan Shen Junlin) | 