High-Quality Development of Shandong's Manufacturing Industry Attracts Great Attention from International Industrial and Commercial Community

|ChinaNews|Published:2021-12-22 15:45:53

On the afternoon of December 21, Conference of the International Trade and Investment Advisory Council for Shandong Province 2021 was held in Jinan, Shandong province. The first batch of advisors comprising 19 members appointed by Shandong Provincial People's Government have, centering on the theme of "Integrating into the New Development Pattern and Promoting High-Quality Development", held in-depth exchanges with leaders of Shandong Province. Attention has been focused on the transformation, upgrading and high-quality development of Shandong's manufacturing industry.  

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Scene of Conference of the International Trade and Investment Advisory Council for Shandong Province 2021 [Photo by Huang Zhongming]

Manufacturing industry is the lifeline of the national economy. Shandong regards the manufacturing industry as the foundation of its development, the key to revitalize the province, the move for enhancing economic growth, and the main battlefield and breakthrough for the transformation of old growth drivers into new ones. Shandong Province boasts 41 major industrial categories and 197 intermediate industrial categories, with production of more than 100 key products ranking among the Top 3 in China. The added value of its manufacturing industry accounts for 27.2% of GDP. Shandong ranks first in terms of the number of China's first batch of strategic emerging industrial clusters, national new-type industrial demonstration bases and national industrial design centers. 

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Scene of Conference of the International Trade and Investment Advisory Council for Shandong Province 2021 [Photo by Huang Zhongming]

At present, Shandong has well integrated the industrial chain, innovation chain, talent chain, and policy chain, promoting the integrated development of small, medium and large-sized enterprises. Up to now, it has fostered 3,424 small and medium-sized enterprises featuring specialization, originality and innovation at the provincial level, 557 champion enterprises in the manufacturing industry. Among them are 362 national  level  "little giant" enterprises featuring specialization, originality and innovation, and 145 national level champion enterprises in the manufacturing industry. Their numbers all rank in leading places of China. 

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