The reasons are as follows:
1. Korean Enterprise Investment Zone
Qingdao is the city with the highest concentration of Korean enterprises investing in China. According to statistics, more than 100 Korean enterprises in Qingdao have invested in Qingdao. 5,500 companies, with investment in China exceeding 5 billion.
Among so many cities in China, Qingdao stands out and becomes the first choice for Koreans. This is due to Qingdao’s own core competitiveness.
2. Policy support
In May 1984, Qingdao was approved by the state as one of the first 14 coastal port cities in the country to further expand opening up. Over the past 30 years, in order to attract overseas investment, including Koreans, Qingdao has formulated a series of preferential tax policies, attracting a large number of Korean companies to settle in Qingdao.
3. Cultural connectivity
As close neighbors, Chinese civilization and Korean civilization themselves are inextricably linked. Not only that, Qingdao’s climate and eating habits are very close to those of South Korea. When Koreans came to Qingdao, there were no cultural barriers or conflicts. This cultural similarity has strengthened the ties between the two places.
4. Complete facilities
There are authentic Korean foods in supermarkets, Korean restaurants can be seen everywhere on the streets, and there are various Korean signs in public places. In Qingdao, Koreans can still live as comfortably as at home. Such complete supporting facilities have deepened Koreans’ recognition of the city of Qingdao.
5. Beautiful environment
What attracts Koreans to Qingdao should also be its beautiful seaside scenery and pleasant climate. Qingdao, separated only by a sea from South Korea, not only meets the requirements of Koreans for a living environment, but it is also very convenient to return home.
6. Economic aspects
There is no doubt that a large number of Korean companies have played a role in driving Qingdao's economic development. Nowadays, economic exchanges between China and South Korea can be said to be omnipresent. In addition to Korean companies, many Koreans have settled and lived in Qingdao. Large and small Korean restaurants, supermarkets, etc. are everywhere, stimulating the economy and promoting employment.
Extended information
Ctrip.com, the largest online travel service provider in China, released the "2016 Inbound Tourism Trend Analysis Report". The report shows that Qingdao, the city where tourists enter the country, ranks seventh in the country, and South Korea is currently the largest source country of inbound tourists. Phoenix Qingdao found out that it is not only the place of choice for Korean tourists, but Qingdao is also dotted with many Korean gathering areas.
Qingdao has at least three Korean settlements, Chengyang, Licang, and Shinan Laoshan. According to statistics, there are more than 100,000 Koreans in Qingdao, and Chengyang settlement has the largest population.
Qingdao News Network-There are 100,000 Koreans in Qingdao. You can see where they live in this picture