Laoshan implementing investment projects to expand development
3 years ago

Laoshan implementing investment projects to expand development

China Daily  

Laoshan district in Qingdao, Shandong province, has recently put nine projects into construction, with a total investment worth 13.75 billion yuan. By the end of this year, the district is expected to have implemented more than 35 projects and roll out specialized policies to support new economic growth, clearing more than 2.5 billion yuan of finance for supporting industrial development, local officials said. Utilizing industrial internet platforms such as COMOPlat and the Shandong branch of the National Industrial Internet Big Data Center, Laoshan district has developed industries with a focus on digital empowerment. The district government has invested nearly 10 billion yuan in carrying out megaprojects such as the Shagang Bay area, and produced a group of cultural and tourism businesses including Jiushui Heyuan Art Design Hotel and Laoshan Academy.

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