Yantai has drawn up a blueprint for its social and economic development for the upcoming five years.
The Regional Comprehensive Economic Partnership (RCEP) agreement, the world's largest free trade agreement, entered into force on Saturday.
The RCEP agreement provides a strong boost to international trade and investment and contribute to global economic recovery.
Yantai Jiyuan Fruit Products Company's orchards are full of ripe apples, which boast a bright red color and taste sweet.
It aims to develop the region into a high-end leisure and business area integrating golf, equestrian, yacht, as well as seaside entertainment facilities
With a planned investment of 5 billion yuan, the Haiyang Railway Transportation Equipment Industrial Park project will establish production plants and span 350,000 square meters.