◇ Hiroki Nozoe (Japanese), General Manager of Mitsubishi Heavy Industries Haier (Qingdao) Air-Conditioners Co. Ltd.
　"Our company was co-established by the well-known Haier Group and 100-year-old Mitsubishi Heavy Industry. Now the company has entered its 9th year of operation. For the past 9 years, the Qingdao municipal government has been encouraging foreign investment and has formulated a variety of preferential policies, so that we have a favourable investment environment. Our company's profit is stable. Here, I'd just like to express my deep gratitude to the Qingdao municipal government. Qingdao is an attractive open coastal city. The economic activities, living conditions, and infrastructure construction, all develop vigorously and healthily here. I hope Qingdao will develop better than other cities in both fame and achievements. I, also, hope Qingdao will make further progress in its software environment so as to become an international metropolis."

　◇ L. Dennis Kozlowski (American), President and General Manager of TYCO Electronics AMP Qingdao Ltd.
　"Qingdao is a beautiful city. It has not only charming beaches and natural scenery, but also favourable conditions for enterprise development. The Qingdao municipal government has created a wonderful climate for foreign investment with its encouraging polices. What's more, their high working efficiency and practical attitudes give us confidence to invest in Qingdao. I believe that we have made a wise decision by establishing our TYCO Electronics AMP subsidiary in the Qingdao Huanhai Development Zone."

　◇ Mr. Ryu Kyun (Korean), General Manager of Kumho Foods (Qingdao) Co. Ltd.

　 "Not only is Qingdao beautiful for its natural environment, it also possesses an unparalleled investment environment. Geographically, Qingdao is located in China's eastern coast and is near Korea and Japan. It enjoys a pleasant climate, advanced transportation by air, land, and sea, and substantial labour resources. All these natural conditions are favourable to foreign investment. As to the investment climate, Qingdao always goes all out to provide foreign investors with convenient services by formulating relevant preferential policies and regulations to support enterprises. Kumho Foods (Qingdao) Co. Ltd. has achieved remarkable progress in a short time under the support of the Qingdao municipal government. We are very pleased at having chosen Qingdao as our investment place."

　◇ Mr. Terence Redfern (German), General Manager of Rhein Chemie (Qingdao) Ltd
　"In 1993, Rhein Chemie came to China to look for partners in Qingdao, Shanghai, Nanjing, and Tianjin. We received special support from the Qingdao municipal government. In addition to that, Qingdao satisfied us with its completed infrastructure, clean environment, highly skilled labour force, and well-developed management. Therefore, we chose Qingdao as our co-operator. We have never been baffled by problems that can not be resolved through friendly negotiations."

　◇ Mr. Lee Sung Rae (Korean), General Manager of Qingdao Kohap Co Ltd.
　"Qingdao Kohap Co. has received great support from the Qingdao municipal government since its establishment in the Qingdao Economic and Technological Development Zone in 1996. Based on the successful first-phase investment, the second-phase investment of US$26 million was made in January 2001. Presently, our company has invested a total of US$160 million here. Through the joint efforts of our staff, our company has established a good reputation in recent years. We'll continue to work hard to create better economic benefits after China's entry into the TWO and further promote local economic development."

　China Ocean Festival Qingdao
　The 4th China Ocean Festival Qingdao, which was started in 1999, will be held in Qingdao from July 14th to 22nd, 2002. It will continue to feature marine science and technology, tourism, water sports, and marine culture, in order to establish a new image for Qingdao as a coastal city, a northern international shipping centre, and a sea sports centre. The 4th China Ocean Festival will consist of six parts - opening ceremony and evening performances, 2002 China Int'l Shipping Expo, 2002 Marine Tech & Economic Development Int'l Forum, sports competitions, cultural exploration tour, and closing ceremony. A variety of splendid activities will create a gorgeous summer-time picture and will give you endless joy and hope. Please contact: Rm. 405, 402, (Shinan District Government Office Building), 19 Xianggangzhonglu
　　　Tel: 5831552 5826760 Fax: 5831552

　Qingdao Int'l Beer Festival
　Eleven years have passed since the first annual Qingdao Int'l Beer Festival was launched. In 2001, more than 1.2 million visitors were attracted to the 11th session, during which 500,000 liters of beer were consumed, hitting an historic high. Many beer makers including Chinese-Yanjing, German-Konig Ludwig, Bitburg, Beck's, HK-San Miguel, American-Blue Ribbon, Budweiser, Danish-Carlsberg, and Japanese-Kirin, participated alongside Tsingtao Beer. During the festival, the beer city was crowded with people and brimming with music and song. Exotic beer bars, excellent performances, colourful cultural and recreational activities, magnificent float parades, and exciting amusement programs mingled together forming a fabulous atmosphere. Aromatic beer and intoxicating atmosphere will make you feel special. The 12th Qingdao Int'l Beer Festival will be held in the Qingdao International Beer City from August 17th to September 1st, 2002. It will comprise programs including an opening ceremony, large-scale theatrical shows, artistic float parades, beer tasting, recreational activities, and a closing ceremony. An integration of world beer, cultural and technological exchanges, and trade talks as well as carnival activities, will make your stay in Qingdao an unforgettable one. Please contact the Qingdao Beer Festival Office at 8891214 (tel) and 8893990 (fax). Editing Committee of A Guide to Investment in Qingdao Director: Zhou Jiabin Vice Directors: Jia Yumin, Jia Sen, Wang Haitao, Cui Weidong Committee Members: Ding Lian, Mao Jialuan, Wang Xiaoxun, Wang Jiyuan, Cong Yan, Wu Heng, Chen Jun, Chen Baorong, Zou Jianhua, Zhang Li, Yao Xin, Gao Desheng, Luan Zhengyuan, Xu Peifeng, Dou Min Director of Editing Office: Gao Desheng Editors: Wang Zhendong, Mou Qing, Lü Kun Photography: Editor in Charge: Designed by: Published by: Standard Book Number: Date of Publication:

　　GDP in Previous Years in Qingdao
　　Unit: RMB100 million
　　 1980 1990 1995 1996 1997 1998 1999 2000 2001
　　　48 　175　642　710　798　888　990 1151 1316

　　Industrial Structure in Previous Years in Qingdao
　　Unit: RMB100 million
　　　　　　　1980 1990 1995 1996 1997 1998 1999 2000 2001
　Primary　　　10 　93 　112　133 117　140　139　140　143
　Secondary　　26 　86　 301　328 382　414　465　560　649
　Tertiary Tertiary 50　 229　249 299　334　386　451　524

　　Retail Volume of Consumables in Previous Years in Qingdao
　　Unit: RMB100 million
　　　1980 1990 1995 1996 1997 1998 1999 2000 2001
　　　　　　66　171　195　216　242　270　308　353

　　Fixed Assets Investment in Previous Years in Qingdao
　　Unit: RMB100 million
　　　1980 1990 1995 1996 1997 1998 1999 2000 2001
　　　　5　 28　 28　 161　161 191　 279 321　 384

　　Foreign Trade Volume in Qingdao
　　Unit: US$100 million
　　　Item　　　　　　　　 1990　 1995　 1996　 1997　 1998　 1999　 2000　 2001
　　Import & Export Value　4.16　37.64 　64.20　52.20 59.58　77.56　108 　　71.2
　　Export Value　　　　　3.35　 24.51　 28.71　33.85 38.27　44.63　 61　　 52.4
　　Import Value　　　　　0.81 　13.13　 17.48　18.34 31.22　32.93　 47　　 123.6

　　Overseas Projects, Labour Co-operation, and Consultation Service in Qingdao
　　Unit: US$100 million
　　　　　　1993 1994 1995 1996 1997 1998 1999 2000　 2001
Contractual 5064 4235 3660 4121 5379 5921 9037 12425 10555