Coastal Qingdao ready for flood of businesses

Foreign investment, online filing playing role in city's opening-up

The strategy of opening-up to the outside world has been a success for the eastern coastal city of Qingdao, Shandong province, in its modernization efforts over the past decades, Mayor Meng Fanli said last week.

"It is our unremitting pursuit to build a modernized city," he said. "We have carried out a number of opening-up policies to promote reform and development in recent years and to create an open economy."