Recently, the provincial government made an agreement to set up a new Agricultural High-tech Industrial Development Zone on the west coast of Qingdao. Moreover, the Longkou provincial Agricultural High-tech Industrial Development Zone was also approved at this time…Full Article: Fresh Plaza Mar 2017

Key Point

  • The new agricultural projects near The Port of Longkou and Qingdao Port represent the first instance two such projects were approved at the same time in Shandong Province. The projects include developing greenhouses with the aid of Dutch expertise.

ChinaAg Comments

  • In January 2017, COSCO Shipping Ports announced it would acquire an additional 16.82% stake in Qingdao Port International (QPI). As a result of the deal, COSCO Shipping Ports stake in in Qingdao Port International (QPI) increased from 1.59% to 18.41%. Both companies also agreed to invest in the Khalifa Port Container Terminal II project in Abu Dhabi.
  • In June 2015, China announced it would construct 80 “eco-friendly” vegetable plots in Beijing, Tianjin and Hebei in accordance with the quality control standards of Beijing. These standards primarily focus on limiting the use of pesticides.
  • In June 2014, Qingdao Port International (QPI) (HKG:6198) was listed on the Hong Kong Stock Exchange.
  • In 2014, the top Chinese ports in terms of container traffic of Twenty-foot Equivalent Units (TEUs) are Shanghai, Shenzhen, Hong Kong, Ningbo-Zhoushan, Qingdao, Guangzhou, Tianjin, Dalian, Xiamen, Lianyungang and Yingkou. In 2014, Shanghai was the world’s busiest container port with 35.2 million TEU transported through the port. In 2013, Shenzhen surpassed Hong Kong as China’s second busiest container port.

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