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Established in 1992, Qingdao Hi-Tech Industrial Park is a national Hi-Tech Zone approved by the state council.Located in the eastern part of Qingdao city, with a programmed area of 16.7 square kilometers. It consists of Hi-Tech product export base, Biology Valley, University Science Park, Software Park, Huite Industrial zone etc. After 9 years\' development, Electronic Information, Biology Engineering, Marine Technology, Home appliances, Electronic Medical Equipment, precision chemical industry, automobile spares industry become the backbone industry. As an agency of Qingdao municipal government, the Administration Committee of Qingdao Hi-tech Industrial Park has autonomy in future planning, economy, investment, etc., especially in the field of land transfer, project approval and registration.