Out of the red and into the blue: seachange for Yantai
By Li Jiaxia | China Daily | Updated: 2009-08-28 08:02
|
Splashing out: a multi-billion yuan investment is set to make Yantai's marine-led economy a reality. |
YANTAI: During his inspection tour of Shandong in April of this year, President Hu Jintao made a commitment to support the area's development strategy of "building a 'blue' Shandong Peninsula Economic Zone." As a coastal city, with a 900 km-long coastline, Yantai sees fully utilizing its marine capabilities as crucial to its future development.
Photo
