Longkou forges ahead on building modern port

YANTAI: Longkou Port is accelerating its pace of expansion in its bid to become a modern port that will one day have an annual throughput of 100 million tons of goods.

Andre has sweet success making food additive

YANTAI: Yantai Andre Pectin Group says it has formed a natural eco-friendly production cycle in its joint venture while at the same time becoming the first to make the food additive pectin in China.

Vintner Changyu expands with foreign partners

YANTAI: When Zhang Bishi, an overseas Chinese living in Malaysia, founded Changyu in 1892, it was not likely that even he dreamed that 116 years later Changyu Wine Group Co Ltd would be a producer of international wines.

Business Roundup

Ping An jumps 7.9% as stocks rebound

The Shanghai stock market rebounded in heavy trade yesterday, led by a nearly 8 percent jump in Ping An Insurance after shareholders approved its controversial plan for an equity issue that could raise some $17 billion.

'Right time' to launch second board market

The long-awaited second board market is likely to be launched within two months - and for capital-hungry start-ups and high-growth firms, it can't come sooner.

Biz scene

GRAPEVINE

Special Supplement

Qingdao, famed for hi-tech, has more in pipeline

As a national pilot city for technological innovation, Qingdao has laid plans to boost both its own and the country's development through creation of more innovation, said Mayor Xia Geng in a recent interview.

Busy port powering Rizhao growth

Rizhao, a coastal city in Shandong province, could become a window to the West as a city linked by rail across the breadth of the Eurasian landmass, but its port is the engine powering its growth

Dongying says wetlands crucial

Dongying, located in the center of the Yellow River Delta, is expected to develop into a modern eco-city by keeping a healthy wetlands system while continuing to promote economic development.

Top bullion producer has plans for other golden opportunities

Already the national leader in gold bullion production, Yantai plans to further expand its range of manufacturing industries through an emphasis on science and technology.