The Qingdao High-Tech Industrial Development Zone is a national-level high-tech zone established in May 1992 with the approval of the State Council. In 2000, it was designated as a National Export Base for High-Tech Products. In 2001, it was recognized as a National Advanced High-Tech Industrial Development Zone. In 2002, it was designated as a National Torch Program Software Industry Base and a University Science and Technology Park. The Northern Jiaozhou Bay Park of the Qingdao High-Tech Zone covers a planned area of 66 square kilometers and is located in the Hongdao Economic Zone of Qingdao City.