Chinese contractors are increasingly cooperating on regional interconnectivity projects, because of their far-reaching presence and longstanding expertise in construction.
Emerging markets in Latin American, the Caribbean and Central and Eastern European countries will play a key role in transforming and upgrading China's overseas project contracting business, experts said.
As one of first cities in China to open up to the world, Qingdao has achieved remarkable and sustained growth.
The coastal city of Qingdao in East China's Shandong province is on track to become a global wealth management center, said a city leader.
The bustling Laoshan district in eastern Qingdao is in a huge boost toward its goal as a new financial hub with central government plans to appoint it a financial pilot zone for wealth management.
With the number of banks, securities and futures trading firms, insurance agencies and other institutions now thriving, the financial sector in Qingdao is gaining momentum.
Drinkers raise a glass for festival fun in the home of Tsingtao
Leveraging the Olympic legacy, Qingdao has continued to excel as a hotspot for sailing professionals and spectators in recent years.
Aiming to be the nation's center of oceanographic research and technology commercialization, Qingdao is stepping up efforts to develop a new urban area sprawling across 576 square kilometers in the north of city called Blue Silicon Valley.
All the signs indicate that five-division world champion Floyd Mayweather Jr. will comfortably extend his unbeaten record when he faces Argentina's Marcos Maidana on Saturday - though the American is not expecting a pushover.
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Raymond Zhou
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Chen Weihua
