Qingdao set to provide 'fertile soil' for growth of enterprises in innovation
11 months, 4 weeks ago

Qingdao set to provide 'fertile soil' for growth of enterprises in innovation

China Daily  

Qingdao launches the "Fertile Soil Plan" for the cultivation and incubation of high-tech innovative enterprises. It is expected that the total number of high-tech enterprises in the city will exceed 8,000, a year-on-year increase of 20 percent, this year. In addition, Qingdao has also put forward measures to help enterprises become a key body for organizing scientific research and play a leading role in the construction of a modern industrial system. In the first three quarters of this year, the output value of high-tech industries in Qingdao accounted for 65.7 percent of the city's total, 14 percentage points higher than the provincial average. In the first three quarters of this year, the output value of high-tech industries in Qingdao accounts for 65.7 percent of the city's total, 14 percentage points higher than the provincial average.

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History of this topic

Qingdao WCNA drives economic growth with Q1–Q3 surge
2 weeks, 5 days ago

Qingdao WCNA drives economic growth with Q1–Q3 surge

China Daily  

chinadaily.com.cn | Updated: December 5, 2024 In the first three quarters, Qingdao West Coast New Area achieved a regional gross domestic product of 387.8 billion yuan, marking a 6.1 percent growth and contributing to 31.3 percent of Qingdao's total GDP. The new area's industrial sector has shown increased resilience, with industrial added value of enterprises above a designated size expanding …

Qingdao charging ahead as tech, innovative hub
1 month ago

Qingdao charging ahead as tech, innovative hub

China Daily  

Qingdao Port is the first fully automated container terminal in Asia. As one of the first cities in China to promote industrialization, Qingdao in East China's Shandong province has been leading the country in smart manufacturing these past few years. In recent years, Qingdao has taken the construction of marine ranches as an important aspect of accelerating the transformation of …

Fertile soil for private companies to flourish
1 month, 1 week ago

Fertile soil for private companies to flourish

China Daily  

Business operators have a special day to celebrate annually in Qingdao, Shandong province. During this year's event, the 2024 list of the top 100 Qingdao-based businesses and the 2023 list of demonstration enterprises for corporate social responsibility in Qingdao were released, signifying the local economy's upward momentum, leading industry players' growing strength and local companies' rising CSR awareness, organizers said. …

Two Qingdao development zones recognized among China's top 100 parks
4 months ago

Two Qingdao development zones recognized among China's top 100 parks

China Daily  

The Qingdao Economic and Technological Development Zone and the Qingdao National High-tech Industrial Development Zone have been recognized among China's top 100 high-quality development parks, ranking 17th and 24th, respectively, according to a recent report by CCID Consulting, a leading market research firm. The Qingdao Economic and Technological Development Zone has capitalized on the strengths of industry giants such as …

Qingdao sees foreign trade growth in first 5 months
5 months, 1 week ago

Qingdao sees foreign trade growth in first 5 months

China Daily  

In the first five months, Qingdao's imports and exports totaled 356.18 billion yuan. In the first five months, Qingdao's imports and exports totaled 356.18 billion yuan, ranking fifth among sub-provincial cities, according to statistics released by the city's customs bureau on July 3. From January to May this year, the export of electromechanical products reached 103.46 billion yuan, marking a …

Qingdao welcomes host of new projects
8 months, 4 weeks ago

Qingdao welcomes host of new projects

China Daily  

Agreements for a total of 22 projects are signed at a ceremony held in Qingdao, Shandong on March 20. Huo Gaoyuan, Party secretary and chairman of Shandong Port Group, stated that in the five years since the establishment of SPG, the group has steadfastly rooted itself in Qingdao, establishing new emerging business formats in finance, trade, shipping, cruise, and cultural …

New quality productive forces stimulate Qingdao's growth
9 months ago

New quality productive forces stimulate Qingdao's growth

China Daily  

Hisense Group's TV shipments in 2023 remain the second most in the world, with a year-on-year growth of 6.4 percent. Manufacturing is the foundation of Qingdao's economy, and over the years, the city has made significant development in the manufacturing industry, leading to strong economic growth. Qingdao has also established two national-level manufacturing innovation centers for smart home appliances and …

Qingdao strives to grow through higher-level opening-up
9 months, 4 weeks ago

Qingdao strives to grow through higher-level opening-up

China Daily  

Qingdao in East China's Shandong province is committed to promoting high-quality development through higher-level opening-up. Qingdao is also striving to expand opening-up by building a new institutional opening-up hub within the Shanghai Cooperation Organization demonstration area. Taking advantage of the Regional Comprehensive Economic Partnership, Qingdao is speeding up construction of the China-Japan sub-national cooperation demonstration zone and the China-Japan-South Korea …

Qingdao sets ambitious goals for 2024
11 months ago

Qingdao sets ambitious goals for 2024

China Daily  

Qingdao in Shandong province vows to strengthen the quality of its economy. Qingdao, a city in Shandong province, will continuously pursuing high-quality development and better fulfill its leading role in Shandong's development into a modern and strong province, according to the city's top official. The city will also work to create new advantages in building a modern industrial system, vigorously …

Qingdao set to provide 'fertile soil' for growth of enterprises in innovation
11 months, 4 weeks ago

Qingdao set to provide 'fertile soil' for growth of enterprises in innovation

China Daily  

Employees work on the assembly line of a carmaker in Qingdao, Shandong province. Qingdao is set to strengthen the dominant position enterprises in scientific and technological innovation have in promoting industrial innovation, the information office of Qingdao municipal government announced on Dec 19. Qingdao has always attached great importance to this task as it is crucial to the implementation of …

Qingdao's GDP grows 6% in Q1-3
1 year, 1 month ago

Qingdao's GDP grows 6% in Q1-3

China Daily  

Qingdao boasts a vibrant economy in Shandong province. During this period, the added value of the city's primary industry totaled 36.08 billion yuan, an increase of 3.2 percent year-on-year. In the first three quarters of the year, the total output value of agriculture, forestry, animal husbandry and fishery in Qingdao hit 66.94 billion yuan, an increase of 3.9 percent year-on-year. …

City enhances value-added manufacturing industry
1 year, 2 months ago

City enhances value-added manufacturing industry

China Daily  

In accordance with Qingdao's three-year action plan, the port city in East China's Shandong province is ramping up efforts to make value-added manufacturing account for 29 percent of its total GDP by 2025. By 2025, there will be 10 or more city-level manufacturing innovation centers and about 150 research and development centers at the city level, each working with a …

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, …

Qingdao enhances its allure for venture capital
1 year, 3 months ago

Qingdao enhances its allure for venture capital

China Daily  

The efforts that Qingdao has taken to become a venture capital hub over the past four years have paid off, according to the city's financial supervision authority. As of the end of June, the city's venture capital center, which was established four years ago, had managed more than 5 billion yuan, said the city's financial supervision bureau on Aug 31. …

Qingdao releases economic performance from January to July
1 year, 4 months ago

Qingdao releases economic performance from January to July

China Daily  

The Qingdao Municipal Bureau of Statistics recently released statistics regarding the city's economic performance from January to July. The added value of the computer, communications and other electronic equipment manufacturing industry, railway, ship, aerospace and other transportation equipment manufacturing industry, chemical raw materials and chemical products manufacturing industry grew 21.4 percent, 16.4 percent and 15.4 percent year-on-year respectively. From January …

Private economy on the rise in Qingdao
1 year, 4 months ago

Private economy on the rise in Qingdao

China Daily  

Qingdao boasts a vibrant economy. The eastern coastal city of Qingdao in Shandong province registered a rapid expansion in its private economy in the first half of 2023, said local officials. The city's private investment grew by 3.9 percent, which is 4.1 percentage points higher than the national growth rate. During this period, the foreign trade volume of Qingdao's private …

Sci-tech innovation empowers advanced manufacturing in Qingdao
1 year, 9 months ago

Sci-tech innovation empowers advanced manufacturing in Qingdao

China Daily  

Qingdao boasts a vibrant economy in Shandong province. Qingdao, an eastern coastal city in Shandong province, is working to promote the high-quality development of its advanced manufacturing sector with scientific and technological innovation, said local officials. According to the Qingdao Municipal Science and Technology Bureau, the city is revving up efforts to seize the opportunities presented by the latest scientific …

Qingdao accelerates cultivation of high-tech SMEs
1 year, 9 months ago

Qingdao accelerates cultivation of high-tech SMEs

China Daily  

A robot assembles auto parts at a workshop in Qingdao, East China's Shandong province on Jan 30, 2023. In recent years, the number of small and medium-sized enterprises involved in science and technology in Qingdao has expanded rapidly thanks to the local government's support. It has launched a slew of measures and policies to support companies in making innovation in …

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 …

Qingdao expands private economy
1 year, 11 months ago

Qingdao expands private economy

China Daily  

Qingdao, Shandong province The eastern coastal city of Qingdao, Shandong province will continue to encourage, support and guide the development of the nonpublic sector, boost confidence among private enterprises and stimulate market vitality for greater economic growth, according to local authorities. In recent years, the city has launched various beneficial policies for private companies and continued to ramp up efforts …

Qingdao high-tech zone fuels innovation-driven development
2 years, 1 month ago

Qingdao high-tech zone fuels innovation-driven development

China Daily  

An aerial view of Qingdao National High-tech Industrial Development Zone The Qingdao National High-tech Industrial Development Zone has been promoting the innovation-driven development strategy to foster long-term sustained and high-quality development since its establishment. Qingdao high-tech zone has made efforts to strengthen enterprises' dominant positions in technological innovation and accelerate the transformation of the function of the local government in …

Qingdao sci-tech innovation strength improves
2 years, 2 months ago

Qingdao sci-tech innovation strength improves

China Daily  

Qingdao ranks 9th in China and 34th in the world in terms of sci-tech innovation strength according to the 2022 edition of the Global Innovation Index S&T Clusters. Qingdao boasts competitive global sci-tech innovation strength. This year's ranking is Qingdao's best ever among global "S&T clusters". Entering the "first tier" in such a list is not only a recognition of …

Qingdao's economy continues to recover
2 years, 4 months ago

Qingdao's economy continues to recover

China Daily  

Qingdao boasts a vibrant economy. During this period, the added value of industrial enterprises above designated size in the city increased by 3.3 percent year-on-year. The added value of high-tech manufacturing above designated size increased by 22.6 percent year-on-year, injecting vitality into local economic development. The operating revenue of transportation, warehousing and postal services grew 34.8 percent year-on-year, while the …

Qingdao sees GDP rise 3.7% in H1
2 years, 4 months ago

Qingdao sees GDP rise 3.7% in H1

China Daily  

Qingdao city in Shandong province saw its gross domestic product grow 3.7 percent year-on-year in the first half of 2022, hitting 707.04 billion yuan, according to local statistics authorities. The added value of the primary, secondary and tertiary industries was 22.36 billion yuan, 243.16 billion yuan, and 441.52 billion yuan, respectively, representing a year-on-year growth of 2.4 percent, 1.5 percent, …

Qingdao's modern seed industry continues to sprout
2 years, 6 months ago

Qingdao's modern seed industry continues to sprout

China Daily  

Qingdao, Shandong province Qingdao recently launched a three-year action plan to boost the development of the modern seed industry as part of its efforts to promote the modernization of agriculture and the countryside, and further promote reforms in rural areas. By 2025, more than 100 new varieties developed in Qingdao are expected to be certified and registered, with the city's …

Qingdao fosters more key industrial chain enterprises
2 years, 8 months ago

Qingdao fosters more key industrial chain enterprises

China Daily  

Qingdao, an economic powerhouse in Shandong province, will cultivate 1,000 key industrial chain enterprises in three years to upgrade and modernize the city's industry chains, local officials said at a recent news conference. "According to Qingdao's business climate, we have made the cultivation plan of key enterprises in industrial chains clear," said an official from the Qingdao municipal bureau of …

Qingdao gives priority to manufacturing industry
2 years, 8 months ago

Qingdao gives priority to manufacturing industry

China Daily  

Qingdao, an economic powerhouse in Shandong province, will continue to give priority to advancing its manufacturing industry and foster a number of world-class industrial clusters in the next five years, according to local authorities. Qingdao will adhere to the direction of high-end, intelligent and green development, and focus on promoting seven competitive industries, including smart home appliances, rail transit, new …

Fixed-asset investment increases steadily in Qingdao
2 years, 9 months ago

Fixed-asset investment increases steadily in Qingdao

China Daily  

Qingdao's economy posted stable growth in the first two months of 2022 despite epidemic resurgences and a complicated external environment, according to official data from the Qingdao Municipal Statistics Bureau. From January to February, Qingdao's fixed asset investment grew by 8.3 percent year-on-year, 4.2 percentage points more than that in 2021, marking a good start of the year. Investment in …

Report details Qingdao's social, economic development in 2021
2 years, 9 months ago

Report details Qingdao's social, economic development in 2021

China Daily  

Qingdao's social and economic development showed stable performance with good momentum for growth in 2021, and the city has made new progress in high-quality development, according to an official report which was released on March 17. According to a preliminary calculation that was calculated at comparable prices, in 2021, the city's GDP reached 1.41 trillion yuan, an increase of 8.3 …

Qingdao strives to become intl innovation hub
2 years, 9 months ago

Qingdao strives to become intl innovation hub

China Daily  

Qingdao is striving hard to establish itself as an international innovation hub, with initiatives aimed at strengthening the strategic science and technology force, marine-related industries, innovative industry clusters, scientific and technological innovation service, and other areas. The city will access prospective science and technology companies, cultivate 100 new marine-related high-tech enterprises, and encourage the listing of two new marine-related high-tech …

Sci-tech innovation fuels Qingdao's high-quality development
2 years, 9 months ago

Sci-tech innovation fuels Qingdao's high-quality development

China Daily  

The seaside city of Qingdao, Shandong province has been working hard to implement the innovation-driven development strategy since the 12th CPC Qingdao Municipal Congress, in order to foster new driving forces for economic growth and raise people's living conditions. Last year, the world's first high-speed maglev train rolled off the production line in Qingdao, reaching a top speed of 600 …

Qingdao ranks among top 10 innovative cities in China
2 years, 10 months ago

Qingdao ranks among top 10 innovative cities in China

China Daily  

Qingdao ranked 10th in the list of national innovative cities in 2021, according to a report released recently by the Institute of Scientific and Technical Information of China. The report analyzed 78 cities across China based on 30 indicators including innovative infrastructure, technological and educational resources, industrial and innovative capability, entrepreneurship vitality, open and collaborative innovation and green development. Qingdao …

Qingdao high-tech zone sees robust development
2 years, 11 months ago

Qingdao high-tech zone sees robust development

China Daily  

The Qingdao National High-tech Industrial Development Zone has beefed up efforts to attract high-quality projects in order to nurture new growth drives and invigorate economic and social growth. The "Four New Economy" has become the backbone of Qingdao high-tech zone's economic development. Qingdao high-tech zone has made efforts to nurture top "Four New" enterprises. An industrial park in the Qingdao …

Increasing numbers of local SMEs ranked as 'outstanding' by MIIT
3 years, 2 months ago

Increasing numbers of local SMEs ranked as 'outstanding' by MIIT

China Daily  

A total of 50 small and medium-sized enterprises in Qingdao were added to a third batch of national-level outstanding SMEs, accounting for 23 percent of the total in Shandong province, according to a list released by the Ministry of Industry and Information Technology recently. So far, the number of SMEs in Qingdao listed as outstanding by the ministry reached 97 …

Qingdao ranks among top 10 most innovative cities in nation
3 years, 11 months ago

Qingdao ranks among top 10 most innovative cities in nation

China Daily  

The eastern coastal city of Qingdao, Shandong province ranked 10th in the list of national innovative cities in 2020, up two places from last year's ranking, according to reports released by the Ministry of Science and Technology and the Institute of Scientific and Technical Information of China on Dec 26. In recent years, Qingdao has been ramping up efforts to …

Qingdao makes progress in manufacturing upgrade
4 years ago

Qingdao makes progress in manufacturing upgrade

China Daily  

Manufacturing is the foundation of Qingdao's economy, said local authorities at a recent news conference, which underlined the city's progress and achievements in transforming and upgrading the manufacturing sector during the 13th Five-Year Plan period. From 2016 to 2019, the city's industrial added value above designated size grew by more than 5 percent annually. In 2019, its industrial added value …

Qingdao zone sets lofty goals for robotics industry
4 years, 2 months ago

Qingdao zone sets lofty goals for robotics industry

China Daily  

The Qingdao National High-tech Industrial Development Zone plans to develop into the largest industrial center for robotics in Northern China and has issued measures to facilitate industrial development. The Qingdao National High-tech Industrial Development Zone Official data show that the high-tech zone is currently home to more than 100 projects related to robotics, which have received a total of more …

Qingdao builds city of entrepreneurship, innovation
4 years, 3 months ago

Qingdao builds city of entrepreneurship, innovation

China Daily  

"Qingdao is a city full of vitality and entrepreneurship. The remarks by the city's top official revealed the development direction of the eastern coastal city in Shandong province, which has been ramping up efforts to become a new cradle for Chinese unicorn companies that could inject more vitality into the development of the new economy. Qingdao officials have a meeting …

Fortune Global 500 companies drawn to Qingdao
4 years, 3 months ago

Fortune Global 500 companies drawn to Qingdao

China Daily  

As one of the country's first coastal cities to open up to the outside world, Qingdao has received investment from many Fortune Global 500 companies. "Thanks to increasing development momentum and an improving business environment in the Qingdao West Coast New Area, our company has been growing rapidly with a gradually expanding market share and increasing turnover," said Frank. Air …

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