SOE directly under the city government, seeking remarkable innovation
The establishment of Qingdao West Coast Development (Group) Co., LTD., a large state-owned enterprise directly under the city government, was approved by the CPC Qingdao Municipal Party Committee and the Qingdao Municipal Government. With a registered capital of 10 billion yuan, it is in charge of the development and construction of the Qingdao West Coast New Area.
This Group was officially established in March, 2012, with 11 departments and 8 wholly-owned subsidiaries, forming a strategic development pattern covering various areas, such as infrastructure construction, finance, culture, Sci-Tech，tourism, agriculture and shipping.
Company Mission: Innovate the urban development model, and build an exemplary beautiful Chinese city.
Company Vision: Innovate the Group's development model, and create a first-rate investment holding company.
Company Values: Integrate social benefits with economic benefits, be efficient and pragmatic, and put people first
Company Spirit: Diligence, innovation, and brilliance
Company Style: Make the impossible possible