Shandong reaps rewards from manufacturing sector upgrade
4 years ago

Shandong reaps rewards from manufacturing sector upgrade

China Daily  

Shandong province has been ramping up efforts to transform and upgrade its manufacturing sector by leveraging the latest technologies to move up the value chain and meet diverse demands during the 13th Five-Year Plan period, local authorities said at a recent news conference. In 2019, the industrial added value in Shandong reached 2.3 trillion yuan, accounting for 7.2 percent of the nation's total. This year, five enterprises based in Shandong were included on the Global Fortune 500 Company List, namely Shandong Energy Group, Yankuang Group, Shandong Weiqiao Pioneering Group, Haier Group and Shandong Iron & Steel Group. Eighty-three enterprises from Shandong made the 2020 list of China's top 500 manufacturing enterprises, while the number of high-tech enterprises has reached 11,500, nearly triple the number in 2015.

China Shandong Reaps Upgrade Shandong  sector  value  rewards  market  upgrade  shandong  reaps  industrial  national  group  enterprises  reached  number  province  manufacturing

History of this topic

Shandong bolsters growth to boost brand image
1 month, 2 weeks ago

Shandong bolsters growth to boost brand image

China Daily  

From the craze for Zibo barbecue, Mount Tai, Confucius, to the globally renowned national brands such as Haier, Tsingtao beer, and Hisense, Shandong province is marching toward open cooperation. In the first three quarters of this year, Shandong received 670 million domestic tourists, with tourism revenue reaching 843.19 billion yuan. Shandong already boasts five World Heritage Sites, 812 museums, and …

Shandong bolsters growth to boost brand image
1 month, 2 weeks ago

Shandong bolsters growth to boost brand image

China Daily  

From the craze for Zibo barbecue, Mount Tai, Confucius, to the globally renowned national brands such as Haier, Tsingtao beer, and Hisense, Shandong province is marching toward open cooperation. In the first three quarters of this year, Shandong received 670 million domestic tourists, with tourism revenue reaching 843.19 billion yuan. Shandong already boasts five World Heritage Sites, 812 museums, and …

Guangdong's Manufacturing Prowess: A Showcase of Innovation and Growth
2 months ago

Guangdong's Manufacturing Prowess: A Showcase of Innovation and Growth

China Daily  

The Canton Fair in Guangzhou, China, showcased the commitment of local enterprises to the manufacturing sector. The event featured a wide range of products and technologies, highlighting Guangdong's leadership in advanced manufacturing. The province's industrial scale and strategic location in the manufacturing landscape of China were also highlighted.

Top 258 Foreign-Funded Companies Shine in Shanghai's Top 100
2 months, 1 week ago

Top 258 Foreign-Funded Companies Shine in Shanghai's Top 100

China Daily  

A total of 258 foreign-funded companies appeared on the four lists of top 100 foreign-invested enterprises for 2023, accounting for 33 percent of the total sales revenue generated by companies in the annual foreign investment report in the city, 47 percent of imports and exports, 34 percent of taxation, and 18 percent of employment.

Convention to promote Anhui as major smart manufacturing hub
3 months ago

Convention to promote Anhui as major smart manufacturing hub

China Daily  

An employee checks products at Maanshan Iron and Steel Co in Anhui province. The four-day 2024 World Manufacturing Convention will offer 700 projects to top business leaders from around the world, inviting investment of 350 billion yuan, when it opens on Friday in Hefei, the capital city of East China's Anhui province. Besides foreign dignitaries and government officials, top executives …

Innovation drives Anhui's smart plants
3 months, 1 week ago

Innovation drives Anhui's smart plants

China Daily  

The Experimental Advanced Superconducting Tokamak device is expected a boost to Anhui's sci-tech advancement. The province's total industrial added value reached 1.4 trillion yuan — 10th in the country, confirming that Anhui has joined the top league of China's major industrial provinces. Besides expanding its automobile sector, Anhui is building industrial clusters of advanced photovoltaic and new energy storage with …

Shandong attracts foreign investment with key projects
3 months, 3 weeks ago

Shandong attracts foreign investment with key projects

China Daily  

Shandong province has been strengthening cooperation with multinational companies and comprehensively enhancing its level of openness to the outside world. As one of the signed projects of the third Qingdao Multinationals Summit in 2022, the high-end, foreign-funded dairy processing plant of Zhongdi Dairy Group in Shandong's Yinan county has a total investment of 1.83 billion yuan. The first phase, with …

Shandong companies shine on Fortune 500 list
4 months, 2 weeks ago

Shandong companies shine on Fortune 500 list

China Daily  

Shandong province has once again demonstrated its economic strength, with four of its companies making the 2024 Fortune 500 list. The four Shandong-based companies that made the cut are Shandong Energy Group, Weiqiao Pioneering Group, Haier Smart Home, and Shandong Hi-Speed Group. Shandong Energy Group ranked 75th with a revenue of $122.38 billion in 2023, marking its third consecutive year …

Three Chinese companies make top 10 on 2024 Fortune Global 500 list
4 months, 2 weeks ago

Three Chinese companies make top 10 on 2024 Fortune Global 500 list

China Daily  

A logo of State Grid is seen in Beijing. China's State Grid sits at third place with a revenue of $545.95 billion in 2023 on this year's Fortune Global 500 list, Fortune China reported on Monday. With high revenues, two Chinese companies, Sinopec Group and China National Petroleum Corp, took the fifth and sixth spots on the list, respectively, marking …

Shandong manufacturers contributing to country's industrial innovation, reform
4 months, 3 weeks ago

Shandong manufacturers contributing to country's industrial innovation, reform

China Daily  

An intelligent workshop of a textile company in Binzhou city, East China's Shandong province, July 29, 2024. In a robot-making factory located in East China's Shandong province, fully automated intelligent robots move through aisles in an orderly way, carrying out tasks such as monitoring production process and even collaborating to assemble new robots from bolts and parts. The manufacturing industry …

Shandong manufacturers contributing to country's industrial innovation, reform
4 months, 3 weeks ago

Shandong manufacturers contributing to country's industrial innovation, reform

China Daily  

This undated photo shows industrial robots working on a production line in a factory in Shandong province. With the development of sci-tech innovation and continuous breakthroughs of artificial intelligence technology, industrial robots are also gradually being used in wider cases. "We will continue to invest in innovation in robots, in making them more adaptable for wider application, and by integrating …

Shandong manufacturers contributing to country's industrial innovation, reform
4 months, 3 weeks ago

Shandong manufacturers contributing to country's industrial innovation, reform

China Daily  

An intelligent workshop of a textile company in Binzhou city, East China's Shandong province, July 29, 2024. In a robot-making factory located in East China's Shandong province, fully automated intelligent robots move through aisles in an orderly way, carrying out tasks such as monitoring production process and even collaborating to assemble new robots from bolts and parts. The manufacturing industry …

Tech-empowered transformation promotes high-quality development
9 months, 1 week ago

Tech-empowered transformation promotes high-quality development

China Daily  

Production equipment presses auto parts at a manufacturing base of Wuzheng Group in Wulian county, East China's Shandong province, March 13, 2024. Tech-empowered transformation and upgrading of companies promote high-quality economic development in different parts of China. Currently, there are a total of 81 national sci-tech small- and medium-sized enterprises, 54 high-tech enterprises, and 12 SMEs that use special and …

Tech-empowered transformation promotes high-quality development
9 months, 1 week ago

Tech-empowered transformation promotes high-quality development

China Daily  

Production equipment presses auto parts at a manufacturing base of Wuzheng Group in Wulian county, East China's Shandong province, March 13, 2024. Tech-empowered transformation and upgrading of companies promote high-quality economic development in different parts of China. Currently, there are a total of 81 national sci-tech small- and medium-sized enterprises, 54 high-tech enterprises, and 12 SMEs that use special and …

Shandong advances Chinese-style modernization
9 months, 2 weeks ago

Shandong advances Chinese-style modernization

China Daily  

To achieve its goal of becoming a leading area for green, low-carbon and high-quality development, Shandong province is pragmatically carrying out various tasks and taking solid steps toward becoming a strong province of socialism with modern characteristics in the new era. On Feb 26, construction started on 1,007 provincial projects involving emerging fields such as digital economy, high-end equipment and …

Economy of Shandong
9 months, 3 weeks ago

Economy of Shandong

China Daily  

Shandong is predominant in agriculture, renowned as "China's most outstanding agricultural province". Additionally, it enjoys an advanced marine economy accounting for one fifth of the national economic aggregate, and it has established more than 240 marine ranches with a total area of over 19,000 hectares. According to official statistics, the province's gross domestic product reached 9.21 trillion yuan in 2023, …

Guangdong's manufacturers stand out from pack
11 months ago

Guangdong's manufacturers stand out from pack

China Daily  

Workers are busy on a smart assembly line of GAC Aion in Guangzhou, Guangdong province, in June. "We adhere to the principle of the real economy as the foundation and prioritize the manufacturing industry, thus making significant progress in the construction of a modern industrial system," said Wang Weizhong, governor of Guangdong. The added value of the manufacturing sector in …

Shandong keeps economy stable
1 year, 1 month ago

Shandong keeps economy stable

China Daily  

Jinan, capital city of Shandong province. From January to October this year, industrial production in Shandong province remained stable, with the added value of industrial enterprises above designated size increasing by 6.9 percent year-on-year. The equipment manufacturing industry and consumer goods industry are showing signs of recovery, with added value increasing by 9.4 percent and 3.3 percent, respectively, year-on-year over …

Shandong farm products speak their names
1 year, 1 month ago

Shandong farm products speak their names

China Daily  

A farmer in the Zhangqiu district of Jinan, Shandong province, checks his scallions. Shandong province, relying on its unique natural conditions, has produced distinct farm products such as Shouguang vegetables, Jinxiang garlic, Zhangqiu scallions, Zhanhua winter dates and Yantai apples. Guided by the Shandong Provincial Department of Agriculture and Rural Affairs, more and more local specialties are becoming popular and …

Shandong-made agricultural machinery sells well overseas
1 year, 1 month ago

Shandong-made agricultural machinery sells well overseas

China Daily  

Shandong, an agricultural powerhouse and a major production base of agricultural machinery, has in recent years been embracing intelligent manufacturing. There are currently over 2,000 agricultural machinery equipment manufacturing enterprises, including about 450 large-scale ones, in Shandong. In 2022, the agricultural machinery equipment industry in Shandong generated a revenue of 87 billion yuan, a year-on-year growth of 6 percent. "Since …

Shandong retains strong appeal for investment
1 year, 1 month ago

Shandong retains strong appeal for investment

China Daily  

A worker processes equipment parts at a high-tech company in Rizhao, Shandong province. From January to September this year, the actual utilization of foreign investment in Shandong province reached 102.21 billion yuan, the fifth largest in the country, officials from the Shandong Provincial Department of Commerce announced at a news conference on Oct 30. During this period, the actual utilization …

Shandong retains strong appeal for investment
1 year, 1 month ago

Shandong retains strong appeal for investment

China Daily  

A worker processes equipment parts at a high-tech company in Rizhao, Shandong province. From January to September this year, the actual utilization of foreign investment in Shandong province reached 102.21 billion yuan, the fifth largest in the country, officials from the Shandong Provincial Department of Commerce announced at a news conference on Oct 30. During this period, the actual utilization …

Shandong's GDP grows 6% in first three quarters
1 year, 2 months ago

Shandong's GDP grows 6% in first three quarters

China Daily  

A view of Qingdao Port in Shandong province. ZHANG JINGANG/FOR CHINA DAILY The gross domestic product of Shandong province reached 6.81 trillion yuan in the first three quarters of the year, a year-on-year growth of 6 percent in real terms, according to official statistics. Over the same time period added value of its primary industry increased by 4.3 percent to …

Six Qingdao companies make list of China's top 500
1 year, 3 months ago

Six Qingdao companies make list of China's top 500

China Daily  

China unveiled the top 500 Chinese enterprises for 2023 on Sept 20, and six companies based in Qingdao, Shandong province made the list. Qingdao's Haier, Hisense, Shandong Port Group, QDHF, Qingjian Group, and Qingdao West Coast New Area Ronghe Holding made the list, one more than the previous year. Qingjian Group ranked 338th with annual revenue of 68.78 billion yuan, …

4 Shandong companies make Fortune Global 500 list
1 year, 4 months ago

4 Shandong companies make Fortune Global 500 list

China Daily  

Four companies based in East China's Shandong province have made them to this year's Fortune Global 500 list, which was unveiled on Aug 2. The four companies are Shandong Energy Group, Shandong Weiqiao Pioneering Group, Haier Smart Home and Shandong Hi-speed Group. Shandong Weiqiao Pioneering Group's ranking in the Fortune Global 500 list rose from 308 in 2020 to 172 …

19 Shandong companies make China top 500 list
1 year, 4 months ago

19 Shandong companies make China top 500 list

China Daily  

Business magazine Fortune released its latest China 500 companies list on July 25. Nineteen companies based in Shandong province with combined revenues and profits of $447.15 billion and $12.68 billion respectively made the list. Shandong Energy Group was ranked 23rd with $124.09 billion in revenue, the highest ranked Shandong company on the list. Shandong Weiqiao Pioneering Group, the largest private …

Shandong remains hotspot for foreign investment
1 year, 4 months ago

Shandong remains hotspot for foreign investment

China Daily  

Containers are unloaded at Qingdao Port in Shandong province in March. East China's Shandong province remains a highly favored investment destination for global companies, said local officials at a recent news conference. In the first half of the year, Shandong invested $1.21 billion into various BRI countries, an increase of 19.4 percent year-on-year, accounting for 25 percent of the province's …

Shandong accelerates construction of special industrial clusters
1 year, 5 months ago

Shandong accelerates construction of special industrial clusters

China Daily  

Industrial robots produce auto parts on production lines at a factory in Yantai, Shandong province. A provincial working conference to boost the development of local characteristic industrial clusters was held on July 20 in Tai'an, Shandong province. According to Shandong authorities, the cultivation of characteristic industrial clusters in the province started early and has yielded fruitful results. Four batches of …

Shandong's GDP up 6.2% in H1
1 year, 5 months ago

Shandong's GDP up 6.2% in H1

China Daily  

A worker operates intelligent machine tools to make industrial robots at a factory in Yantai, Shandong province. The gross domestic product of East China's Shandong province totaled 4.41 trillion yuan in the first half of 2023, up 6.2 percent year-on-year, according to the Shandong Provincial Bureau of Statistics. During the period, the added value of the province's primary industry reached …

Shandong's GDP growth hits 4.7% in Q1
1 year, 7 months ago

Shandong's GDP growth hits 4.7% in Q1

China Daily  

An employee welds equipment at a machinery manufacturer in Qingzhou, Shandong province. WANG JILIN/FOR CHINA DAILY Shandong province is off to a flying start this year, with its GDP surpassing 2 trillion yuan in the first quarter of the year, a year-on-year increase of 4.7 percent, demonstrating a stable and accelerated economic recovery. The added value of Shandong's primary industry …

Shandong transforms, upgrades manufacturing industry
1 year, 9 months ago

Shandong transforms, upgrades manufacturing industry

China Daily  

An employee operates equipment at a smart production facility in Yantai, Shandong province, in November. TANG KE/FOR CHINA DAILY As a major industrial province, Shandong has been insisting on taking high-quality development as its primary task, with a focus on promoting structural adjustment, transformation and upgrading, and accelerating the development of high-end, intelligent and green manufacturing, said local officials. While …

Shandong maps out innovative blueprint for SMEs
1 year, 10 months ago

Shandong maps out innovative blueprint for SMEs

China Daily  

The Information Office of the Shandong Provincial Government held the seventh news conference for "Unswervingly Promoting High-quality Development" on Feb 22 to interpret the "Opinions on Accelerating the Construction of a Science and Technology Powerful Province in the New Era" and introduce Shandong's in-depth implementation of the innovation-driven strategies. We aim to cultivate more than 200 national 'little giant enterprises', …

Shandong high-tech enterprises to surpass 30,000 in 2023
1 year, 10 months ago

Shandong high-tech enterprises to surpass 30,000 in 2023

China Daily  

A worker assembles vehicles in a factory in Weifang, Shandong province, Jan 28, 2023. Shandong province plans to speed up efforts to achieve greater self-reliance and strength in science and technology this year, local authorities said at a recent work conference. In 2023, the province plans to increase investment in research and development by more than 10 percent, and the …

Shandong to boost development of advanced manufacturing
1 year, 11 months ago

Shandong to boost development of advanced manufacturing

China Daily  

An employee works on the auto parts production line of a carmaker in Yantai, Shandong province. TANG KE/FOR CHINA DAILY According to the provincial government work report, Shandong will take solid steps to build an advanced manufacturing powerhouse, replace old growth drivers with new ones, and make greater efforts to build a modern industrial system. The high-quality development of the …

Shandong becomes a marine powerhouse
2 years, 2 months ago

Shandong becomes a marine powerhouse

China Daily  

Qingdao Port Shandong has been beefing up efforts to become a strong maritime province since the 18th National Congress of the Communist Party of China in 2012, with specific measures taken to cultivate a competitive marine economy. Shandong has sped up the progress in the construction of world-class sea ports, a well-established modern maritime industry system, and a green and …

Shandong takes steps to boost tourism
2 years, 2 months ago

Shandong takes steps to boost tourism

China Daily  

Suochengli Historical and Cultural Block in Yantai, East China's Shandong province Authorities in East China's Shandong province have been making efforts to bolster the development of its culture and tourism sector since the beginning of this year. To date, local governments in Shandong have issued 7.47 billion yuan worth of bonds for 82 culture and tourism projects, official statistics show. …

Shandong's construction industry sees high-quality development in past decade
2 years, 2 months ago

Shandong's construction industry sees high-quality development in past decade

China Daily  

The Publicity Department of Shandong held a news conference on Sept 30 to discuss the development of housing and urban and rural construction in the province since the 18th National Congress of the Communist Party of China in 2012. During the past 10 years, the proportion of the added value of the construction industry in the province's GDP has amounted …

Shandong posts robust growth
2 years, 4 months ago

Shandong posts robust growth

China Daily  

Fishermen in Shidao fishing port of Rongcheng, Weihai, Shandong province, are busy unloading fresh Spanish mackerel on Sept 12. Province's efforts in improving people's lives, seeking quality development pay off This summer, Zhang Guoliang and his family spent three days of their vacation in Weihai, a coastal city in Shandong province. During Xi's visits to the province in recent years, …

Innovation-driven development bears fruit in Shandong
2 years, 5 months ago

Innovation-driven development bears fruit in Shandong

China Daily  

Shandong has made great achievements in innovation-driven development since the 18th National Congress of the Communist Party of China, local media reported. In the past 10 years, a total of 247 projects in Shandong have won national science and technology awards, and the number of high-tech enterprises has increased by 7.9 times. Shandong has 1,881 provincial-level enterprise technology centers and …

Shandong cultivates characteristic industrial clusters
2 years, 5 months ago

Shandong cultivates characteristic industrial clusters

China Daily  

Two technicians test an industrial robot at a tech company in Binzhou, Shandong province. CHU BAORUI/FOR CHINA DAILY Shandong is promoting the development of characteristic industrial clusters that focus on the province's "top 10 industries" and traditional advantageous industries, local media reported. So far, the province has announced three batches of 65 provincial-level characteristic industrial clusters, which have gathered 79,200 …

Shandong signs $15.6b deals for 99 projects
2 years, 6 months ago

Shandong signs $15.6b deals for 99 projects

China Daily  

A signing ceremony for 99 projects is held during the third Qingdao Multinationals Summit on June 20. Qingdao summit sees MNCs backing China's efforts to boost supply chains China's eastern province of Shandong sealed foreign investment deals worth $15.6 billion for 99 projects in various cities on Monday. With global transnational investment in manufacturing shrinking, China, with its huge market …

Shandong plays host to multinationals summit
2 years, 6 months ago

Shandong plays host to multinationals summit

China Daily  

The Third Qingdao Multinationals Summit kicked off on June 19 in the eastern coastal city of Qingdao, Shandong province. The Third Qingdao Multinationals Summit kicked off on June 19 in the eastern coastal city of Qingdao, Shandong province, confirming China's determination to promote a higher level of opening-up and share development opportunities with multinational companies. Jointly organized by the Ministry …

Shandong promotes all-round improvements of an open economy
2 years, 6 months ago

Shandong promotes all-round improvements of an open economy

China Daily  

Visitors inspect new models displayed at an auto show held in Jinan, Shandong province, during June 9-13. CHINA DAILY In recent years, Shandong province has been ramping up efforts to promote the all-round improvements of an open economy and attract more investment from Fortune 500 companies. Last year, 33 Fortune 500 companies invested in 69 projects in Shandong, including 49 …

Shandong promotes all-round improvements of an open economy
2 years, 6 months ago

Shandong promotes all-round improvements of an open economy

China Daily  

Visitors inspect new models displayed at an auto show held in Jinan, Shandong province, during June 9-13. CHINA DAILY In recent years, Shandong province has been ramping up efforts to promote the all-round improvements of an open economy and attract more investment from Fortune 500 companies. Last year, 33 Fortune 500 companies invested in 69 projects in Shandong, including 49 …

Shandong upgrades business environment for foreign companies
2 years, 6 months ago

Shandong upgrades business environment for foreign companies

China Daily  

Staff members make industrial robots in a precision machinery company in Yantai, East China's Shandong province on June 8, 2022. In recent years, Shandong province has been ramping up efforts to stabilize foreign investment and provide a better business environment and services for foreign companies. The province has issued a number of policies and measures aimed at promoting the high-quality …

Shandong upgrades business environment for foreign companies
2 years, 6 months ago

Shandong upgrades business environment for foreign companies

China Daily  

Staff members make industrial robots in a precision machinery company in Yantai, East China's Shandong province on June 8, 2022. In recent years, Shandong province has been ramping up efforts to stabilize foreign investment and provide a better business environment and services for foreign companies. The province has issued a number of policies and measures aimed at promoting the high-quality …

Shandong promotes high-level opening-up
2 years, 6 months ago

Shandong promotes high-level opening-up

China Daily  

Workers man an assembly line at an auto factory in Qingzhou, Shandong. WANG JILIN/FOR CHINA DAILY In recent years, Shandong has been ramping up efforts to integrate its own development into the overall opening-up of the country, promote reform, innovation and growth through opening-up, and build a new highland of opening-up. To seize the opportunities arising from the Regional Comprehensive …

Shandong promotes high-level opening-up
2 years, 6 months ago

Shandong promotes high-level opening-up

China Daily  

Workers man an assembly line at an auto factory in Qingzhou, Shandong. WANG JILIN/FOR CHINA DAILY In recent years, Shandong has been ramping up efforts to integrate its own development into the overall opening-up of the country, promote reform, innovation and growth through opening-up, and build a new highland of opening-up. To seize the opportunities arising from the Regional Comprehensive …

Shandong continues to spur high-quality development
2 years, 6 months ago

Shandong continues to spur high-quality development

China Daily  

Containers are unloaded at Qingdao Port in Shandong province in March. Since the 18th CPC National Congress in 2012, Shandong has been ramping up efforts to phase out backward and excessive production capacity in an effective way, transform and upgrade traditional industries, as well as foster and expand new economic drivers to promote high-quality development. Shandong's regional GDP reached 8.3 …

Shandong witnesses high-quality manufacturing development
2 years, 7 months ago

Shandong witnesses high-quality manufacturing development

China Daily  

As a major manufacturing province with 41 industrial categories, Shandong has always adhered to high-quality development and continues to accelerate the transformation of old growth drivers into new ones. In the first quarter of this year, Shandong's manufacturing investment increased by 25.1 percent, accounting for 27.4 percent of the total investment, up 3.2 percentage points year-on-year, and the added value …

Discover Related