| Weihai is one of the earliest port cities
open for the foreign trade in China . More than 100 countries and
regions have set up stable relationship with Weihai in terms of foreign
trade and economic cooperation.In 2004, the import and the export
volume was US$5.595 billion, and the import volume was US$2.145 billion,
the export volume was US$3.449 billion
The foreign investment has quickly developed.
By the end of 2004, 858 foreign-fund projects have been approved
in Weihai, increased by 33.6%. The approval foreign investment reached
US$3.447 billion, and the foreign investment put into use reached
US$ 1.098 billion. Most investors are from over 49 countries and
regions such as Korea, Hong Kong, Japan, U.S.A ,Taiwan,EU, and many
world famous transnational companies have invested in Weihai.
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