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Weihai Economic & Technical Development Zone

Weihai City, which is used to be known as "Weihaiwei", is located at the eastern point of the prosperous Shandong Peninsula, facing the sea in the three directions. It is one of the first cities who are granted as "State Sanitary City" in China. Weihai is famous for its scenic beauty and pleasant climate.

Mr. Sui Guiting, Director

The Weihai Economic and Technical Development Zone (WETZ), authorized by the State Council, is situated in the southern suburb of Weihai City covering an area of 72 square kilometers. Now the investment for the accomplished construction of infrastructure is up to 4 billions yuan(RMB). The electricity, water, heat, gas, transportation, communication, sewage treatment and ground are all available. The daily water supply is 100,000 tons, gas supply is 160,000 cubic meters, the capacity of sewage treatment is 100,000 tons every day, and the IDD telephone system volume is 50,000 sets. WETZ borders on the line of Qingwei and Yanwei Express Way and Taiwei Railway. The international standardized Weihai Airport, which is 25 kilometers away from the WETZ, has newly been reopened from reconstruction. The Weihai harbor, which is only 3 kilometers away from the WETZ, has three international sailing lines to Korea, Hong Kong and Japan. The world-famous deep water harbor -- the new Weihai Harbor, is equipped with several ten thousand-ton wharves.

In order to provide the domestic and overseas investors with high efficiency services, we have been introducing the foreign advanced management since the WETZ was set up 3 years ago.

Weihai Economic & Technical Development Zone

Weihai Economic & Technical Development Zone

The new external economic system which is focused on industry has taken initial shape. There are 1,228 projects invested by the investors from 16 countries or areas such as Japan, Korea, the United States, Hong Kong and so on, The total investment value is amounted to 6 billions yuan (RMB). The total investment of the 258 joint ventures has reached 590 million US dollars The eight mainstay industries include automobile, machinery, electronics, food, light industries, chemicals, building material, textile and pharmaceutical. The WETZ has become the golden area for the customers from all over the world to invest and open business.