A conference aimed at attracting investment for Yantai's large-scale commercial complex was held on April 24.
Costing 150 billion yuan ($21.18 billion), the complex will combine business with shopping, entertainment, and high-end services.
Large public service buildings such as art centers, five-star international business hotels, and 24-hour commercial streets will also be constructed.
At the conference, senior executives from eight major enterprises, including Poly Group, China Resources Group, and Overseas Chinese Town Holdings Company, discussed the development and construction of the complex and expressed intent to cooperate.
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