With a population of 30,600 and a total area of 56.8 square kilometers,Wangtai Town of Jiaonan City,Qingddao.has 36 administrative villages under its jurisdiction.Recent years,Wangtai Town has given play to the superior local strong points and made full use of natural resource advantages to devote major efforts to developing economy and improving infrastructrual facilities unceasingly.A good investment environment and a great economic development potentiality have become an increasing hot place for businessmen both at home and abroad to invest and embark upon a career.The town has initially established four production bases of grain and oil.,forest and fruit,vegetable and rear livestock.It has a richly endowed aquatic resource and it is one of “rich town for aquatic products”in Qingdao.Here are over 100 township enterprises with more than 20 trades of woodworking machinery,building material,woolen and cotton textiles,aquatic culture and processing,garment,printing,leather and handicraft.The joint-venture and its partners are from countries and regions of Japan,America,Korea,Russia,Canada,Hong Kong and Taiwan,etc.The town is one of important commercial distributing centers along west coast in Qingdao.It has three commercial areas and three pedlar’s markets.”Ten li corridor of individually and privately owned economy”at inner town along Wang-Huang Highway has its initial scale.The town has stable politics,developed economy,stable and united people and advanced social civilization.It is and ideal place to develop economy and a good area for life,living ,holiday and entertainment.