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• From Our China Offices Qingdao: On the ground
International beer city
It sounds like a beer drinker’s dream, but the object is quite serious. Qingdao, which is home to the world-renowned Tsingtao beer, is hoping to create a dedicated site for the annual international beer festival. The idea is to create a beer festival site that is used the year round, not just for the two weeks of the festival. The site will include shops, business centres, hotels and resorts all around the theme of beer. The project is being funded by Shanghai Industrial Investment (Holdings) Co and should be finished in five years’ time. The site should be able to cope with 10 times the number of visitors who come for the beer festival each year.
New investments
Two Japanese companies, Kobe Steel and Sojitz Machinery Corporation, are joining forces with two local companies to invest in the Qingdao Shengang Welding Materials Co, to build a new plant in the Qingdao Economic & Technological Development Area. The plant, being built at a cost of US$84m, will mainly produce high-tech welding materials for the automotive, shipbuilding and related industries
Please click here to read the article in full! |
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Last updated:
Oct 31st, 2008
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Beijing
Brian Outlaw, Executive Director.
Tel: 10-8525 1111 Email: beijing@cbbc.org.cn
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