Last week, five projects including the Hengtian Wealth Management, Qingdao Municipal Financial Service Center for Small and Medium-sized enterprises and the headquarter mansion of Double Star Group were collectively signed into the core area of Qingdao West Coast Zone. In the past 4 months since the operation of the core area, over 40 high quality large projects are under the phase of discussion and signing agreement with a total investment of over 70 billion yuan. With a total of about 30 square kilometers, in the future the core area of Qingdao West Coast Zone will be built into a “new zone center” integrating office and administration, finance, commerce, recreation and culture and reflecting a new zonevitality and Huangdao charm, a highly informatized, international, ecological and upgraded new zone CBD and the first class international coastal city. Currently, the core area has introduced many large ecological, intelligent projects with the investment of 1 billion -10 billion yuan involving a new marine ecological city, marine industry research and innovation area and high-end tourism etc. Meanwhile, the core area will integrate and upgrade the existing financial resources, introduce various financing platforms and well-established reputable foreign banks to provide strong financial incentive to the development of the west coast new zone.