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Qingdao is one of mainland China’s most important trade gateways. In particular, the city benefits from longstanding and healthy bilateral trade and economic exchanges with Japan and South Korea, which are only a relatively short distance away. Qingdao offers a robust manufacturing base and competitive port facilities that both act as a bedrock for the economic development of the city. Sound fundamentals in trade, the city’s strong association with the marine sector, and a growing tourism sector have enabledQingdao to stand out among China’s Tier 2 cities.
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12 November 2012