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Qingdao Development Zone blossoms
By Mi Xingang
China.org.cn, July 18, 2012 Print  E-mail

According to the Industrial and Commercial Sub-bureau of Qingdao Economic and Technological Development Zone, in the first half of this year the development zone blossomed with a sharp increase of market entities and the total registered capital of all enterprises exceeded 100 billion yuan.

Statistics shows that registered market entities and enterprises in the zone have reached 32,767 and 14,813 in June 30, 2012, with 1294 newly registered enterprises in the first half of this year. The total registered capital of all enterprises has amounted to 101.1 billion yuan by June 30, 2012, with an increase of 4.2 billion yuan in the first half of this year. The registered capital of interior-capital enterprises, private enterprises and foreign invested enterprises totaled 27.8 billion yuan, 32.9 billion yuan and 40.4 billion yuan respectively.

Traditional industries maintained strong momentum of development. Wholesale and retail enterprises accounted for the biggest proportion among newly registered companies and leasing and the business services industries followed closely.

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