A sizable investment for a wine project in Laishan, Yantai

Three key projects of Laishan District whose total investment was 645 million dollars were signed in Yantai International Exhibition Center on September 23.

One of the projects was a wine project accounting for 400-500 million dollars. It will set up a wine culture center, a training college, the biggest cellar of our country, trade center and other establishments of trade including a star-rated hotel and a top grade office. 3000-5000 foreign and domestic wineries were attracted to invest. The project aims to form a characteristics trading center combining with wine trading, training for wine professional persons and culture exchanging.