Laoshan District is the new urban district of great importance in Qingdao, with first-class urban infrastructures and a favorable environment for investment, entrepreneurship and daily life. Well-known as China's famous tourist resort, Laoshan District is located in a very advantageous place where the mountain, sea and city integrate into beautiful scenery with pleasant environment and convenient transportation. Since its establishment in 1994, the annual average growth rate of GDP, fiscal revenue and other major economic indicator