Located just off the coast of the city of Yantai in East China's Shandong province, a giant oil-rig-like structure looms out of the ocean. It's Genghai No 1-China's very first ecological marine ranch platform.
Relying on its geological advantages, good natural environment and cultural legacies, Yantai has great potential to develop its marine tourism, local officials said.
Agreements on 41 projects with a total investment of 37 billion yuan ($5.53 billion) were signed during the first China Shandong International Apple Festival on Oct 27-29.
Mantis boxing, a famous type of boxing, originated from Laiyang, a county-level city in Yantai, Shandong province. It has a history of nearly 300 years and combines 18 types of boxing, embodying the strengths of many martial arts schools.
A new project is being developed called "night in Yantai", consisting of sightseeing options, entertainment facilities, and eateries, along with other forms of recreation at the Golden Beach Tourist Resort, a popular coastal attraction in Yantai, Shandong province.
Haolin Fruit Cooperative, founded in 2016 in Guojia village, Penglai district, has a registered capital of 15 million yuan ($2.25 million) as well as over 40 staff members.
The hundred-year-old apple tree found inside the base of Yantai Wosen Agricultural Technology Company has attracted much attention from domestic experts and high- level officials.
Giardino Estate, which has registered capital of 10 million yuan ($1.5 million), is located at No 6 Anli Road in Liujiagou town, Penglai district, Yantai
Yantai CIMC Raffles Offshore, China's largest semisubmersible platform manufacturer, established a multifunctional intelligent ecological marine ranch platform which opened to the public on July 10.