City facilitates Eurasian cooperation

The Qingdao Eurasian Economic and Trade Cooperation Industrial Park has thrust Jiaozhou into a more important role in the Belt and Road Initiative and among member countries of the Shanghai Cooperation Organization, according to local officials.

The first phase of the industrial park covers an area of 8.28 square kilometers and is located in the Jiaozhou Economic and Technological Development Zone, a State-level development zone in the city.

The industrial park has applied to establish the Economic and Trade Cooperation Demonstration Zone of Shanghai Cooperation Organization, which has been received positively by the Ministry of Commerce.