China unveils plans for new cruise port

A ceremony for the launch of construction of Qingdao International Cruise Terminal and Global Investment Promotion was held at the startup zone of Qingdao International Cruise Terminal (China) took place this week.

Wang Qingxian, member of the Standing Committee of CPC Shandong Committee and Secretary of CPC Qingdao Committee, addressed the event and announced the start of construction on Qingdao International Cruise Terminal and launch of global promotion to attract investment. Qingdao Mayor Meng Fanlipresided over the ceremony, and Huo Gaoyuan, Secretary of CPC Committee and chairman at Shandong Port Group, spoke at the event.

The government of Qingdao’s Shibei District is pushing on a project to develop into the core area of the International Shipping Trade and Financial Service Innovation Center that Qingdao is building. The projects focus on water transportation, trade, financial services, cultural tourism and other fields, are expected to help form an integrated industrial ecosystem consisting of not only trade but also logistics and financial services.

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