Wang Shouwen, vice-minister of commerce, said the country will also strengthen previous policy guarantees made to keep foreign trade growth steady.
In 2015, Qingdao's import and export volume was USD 77.912 billion, up 6.5%, with experts amounting to USD 41.986 billion, up 2.9% and imports amounting to USD 35.926 billion, up 11.0%.
Qingdao enterprises have performed well in multi-level capital markets and the main financial market during the first-half of the year.
Qingdao’s import-export volume of mechanical and electrical products continued to grow in June to 13.55 billion yuan ($2.03 billion), an increase of 12.3 percent year-on-year.
With an investment from property and entertainment conglomerate Wanda Group of 30 billion yuan (almost $5 billion).
China's Commerce Ministry spokesman Shen Danyang said on Tuesday that this year's meeting of the Asia-Pacific Cooperation "has a special mission and very great significance.
Befitting a city with so many international connections, business leaders in Qingdao are now looking to Africa to drum up trade and investment. The city is playing an increasingly important role in promoting relations between China and the continent.
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