Export High-tech Park Opens in East China

An export high-tech park was recently set up in East China's coastal city of Qingdao.

The park, located in the bonded zone of Qingdao will support the development of export enterprises and promote the export of high-tech products, local officials said.

Enterprises coming to the Park will enjoy tax exemptions, cheaper land price and rent subsidies from the city's venture capital funds.



People's Daily Online --- http://www.peopledaily.com.cn/english/