Weihai: Opportunities for UK Businesses

Weihai is situated on the eastern tip of Shandong Province. It has a very good business environment: one of the most favourable of all China's regional cities. Weihai is China's largest centre for sea farming and seafood processing, with these industries accounting for 25% of the city's GDP. It's also Shandong's key shipbuilding centre. This video is one of a 20 part series on China's regional cities. Each video shows the size and scale of the city, its overall attractiveness as a place to live and work, and introduces potential business opportunities. UK business interest in China has been focused on a few large established cities on or near the coast. However, these markets are maturing, competition is intensifying and costs are increasing. As a consequence companies are considering alternative locations for business expansion and development. Regional cities are fast becoming the target for local and foreign investment. The rapid rate of urbanisation, expansion and economic growth of these cities offers considerable opportunities across a wide range of industrial sectors and business activities. For more information on doing business in China, see our seven part 'Breaking the Barriers' series, which introduces some of the challenges faced by UK companies in China. Find out more about China's regional cities at - http://bit.ly/pNuxgJ Profiles of China's regional cities can be downloaded here - http://bit.ly/n44Zg5