Weihai City, which is used to be known as ‘Weihaiwei’, is at the eastern point of the Shandong Peninsula, facing the sea in the three directions.

The Weihai Economic and Technical Development Zone (WETZ), authorized by the State Council, is in the southern suburb of Weihai City covering 72 square kilometers.

The investment for the construction of infrastructure was RMB4 billion. The electricity, water, heat, gas, transportation, communication, sewage treatment and ground are now all available.

WETZ borders on the line of Qingwei and Yanwei Express Way and Taiwei Railway. The international standardized Weihai Airport, which is 25 kilometers away from the WETZ, has newly reopened after reconstruction.

The Weihai harbor, which is only 3 kilometers away from the WETZ, has three international sailing lines to Korea, Hong Kong and Japan. The deep water harbor — the new Weihai Harbor, is equipped with several ten thousand-ton wharves.

There are 1,228 projects by investors from 16 countries such as Japan, Korea, the United States, Hong Kong.

The total investment value is RMB6 billion. The total investment of the 258 joint ventures has reached $590 million The eight mainstay industries include automobile, machinery, electronics, food, light industries, chemicals, building material, textile and pharmaceutical.
Source: China Business World

Weihai is one of the industrial zones mentioned in the story below, Peninsula focus for growth. In itself it has various zones in which more than RMB4 million has already been invested in infrastructure.

It also has other attractions that bring businesses to the area. It is on the sea and has a pleasant climate and a clean environment. There are plenty of recreational facilities with four golf courses. Weihai has protected its green belt of pine trees along the beach as well as building many parks along the beaches and throughout the city.

The Qingwei and Yanwei Expressways have been constructed, as well as the Taowei Railway line.
Regular commercial and cargo flights are scheduled from across China, including Beijing, and in the region, including Japan and Korea.
Weihai’s port has the capability to accept 10,000 ton and 50,000 ton traffic.
The Weihai power plant has a total generating capacity of over 2 gigawatts, with 850 megawatts already in use.
Weihai’s telecommunications have been enhanced from 19,000 telephone lines to 60,000 lines, with a satellite communications system to Korea.
The administrative area is 72KM2, including a programmed area of 36 square kilometers and an initial area of 11.88 square kilometers.
Source: Business in Asia