Chinese city of the day

Qingdao:

Enjoying an annual growth rate of 18.9 percent in 2006, the city's GDP reached 42.3 billion, ranking first in Shandong Province and tenth out of China's top 20 cities.^[12] GDP per capita comprised RMB¥52,895 (US$7,616) in 2008. The GDP has grown steadily at an average pace of 16% annually. In 2006, Qingdao was ranked one of six "golden cities" by the World Bank, out of 120 Chinese cities assessed on factors including investment climate and government effectiveness.^[12]