According to official data, there are more than 5,500 Korean enterprises in Qingdao, with more than 50,000 permanent Koreans. Together with the floating population, this figure has risen to 654.38+million, while the permanent population of Qingdao is about 2.2 million. There is a saying circulating in Qingdao: "It is not strange to meet Koreans when going out, but it is strange to meet Korean talents." In Chengyang District, where Korean-funded enterprises are most concentrated, there is a Yuehua Garden where Koreans live in compact communities, and the environment in Chengyang is one of the best. "More than 80% of the residents are Koreans. The earliest big company in Qingdao was Modern Container Manufacturing Co., Ltd., but due to poor management, it was sold to China International Maritime Container Group Co., Ltd.-CIMC Group-000039 at a low price due to the financial turmoil in197. This is a good company, but it's a pity that good people don't live long. Qingdao Pingdu also has factories similar to LG Lidong Chemical, LG Electronics and LG Electronics itself.