Seeking to develop the overseas market

The city of Qingdao is now implementing a "going global" strategy to encourage a number of eligible and competent local enterprises to set up production bases and sales and service networks outside China, and to develop industrial projects in areas ranging from mining and ore processing, to agriculture and forestry.

"We expect our enterprises to go abroad to develop into multinational businesses," said Wu Jingjian, vice-mayor of Qingdao.

Wu said the city government proposed a detailed development plan for going global in 2005, including the establishment of production bases for textiles and clothing, machinery, household electrical appliances, and the chemical and light industries.