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Designed by Shandong High Speed Croup, from the was were only available in December 2006 and finished in December 2010, after 14 years of planning researches since 1993, which employed 30,000 workers to develop, and used 450,000 tons of steel and a couple of.3 million cubic meters of concrete, using a total investment of approximately 9 billion yuan. The open from the bridge will decrease traffic time from Qingdao to Huangdao District by at least twenty minutes and release pressure about the Jiaozhou Bay Expressway. Furthermore, the Qingdao Haiwan Bridge will be the starting area of national expressway from Qingdao to Lanzhou and also the key part of high way net of Shandong. Price means the rate at which the merchandise can be bought. A number of factors get excited about determining the price of a product. These include competition, market share, product identity, material costs along with the value customers perceive of a product. In fact cost is also dependant on competitor's products. If the competitors have the same product, then the buying price of something will go down.

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