Qingdao Port, the seventh-largest port in the world, is gearing up to tweak its business strategy to focus more on the import side, according to Chang Dechuan, president of the port, China Daily reported.

The State-owned port is likely to reduce the momentum on its more export-oriented container business and focus on more profitable iron ore and oil imports, Chang said.

As the nation's largest iron ore and crude oil port, Qingdao has focused on the container sector in recent years, and is expected to surpass South Korea's Pusan Port to become the market leader in Northeast Asia this year.