FTA to promote world trade development (3)

Qingdao should seize the opportunities of the development of Shandong Peninsula Blue Economic Zone, rely on the construction of the Free Trade Area, accelerate industrial restructuring and transformation, strengthen the cooperation with Japan and South Korea in the fields of marine science and technology, new energy, energy saving and environmental protection, bio-pharmaceutical and other, and create new competitive advantages in urban industry.

Qingdao should not only strengthen cargo trade relations with Japan and South Korea but also enhance the all-around and in-depth cooperation with them in service trade, two-way investment, technical cooperation, and personnel exchanges, to rely on Japan and South Korea's advanced technology and experience, accelerate the establishment of a series of new norms to integrate international standards including quality systems, management systems, property rights protection systems, and environmental standards, constantly improve the urban modernization level, to play a more important exemplary role in the process of economic integration in East Asia.

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