Develop ten major industries to boost kinetic energy conversion

(| Updated : 2018-05-24

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In order to become a national comprehensive test area for new and old kinetic energy conversion, Shandong province in East China is striving to improve industrial structures to achieve high-quality development. 

The province considers ten industries to be development trend-setters. They are the industries of new generation of information technology, high-end equipment, new energy and new materials, smart marine, medical care and health, green chemicals, modern high-efficiency agriculture, cultural creativity, tourism and modern finance.

To speed up the conversion of new and old kinetic energy, Shandong plans to accelerate the development of emerging industries, transform traditional industries and make better use of markets.

Innovation drives emerging industries

To promote the development of emerging industries, the   province attaches importance to core enterprises the development of which is   believed to complete industrial chains.

Therefore, to attract Hewlett Packard – a leading printer manufacturer– to settle down at Weihai, the city introduced five   support projects valued at as much as 1.2 billion dollars in advance and signed agreements with a batch of related enterprises to set up a “complete   industrial chain” for the newcomer. The settlement of HP has made Weihai a   highland of printer production. Its products are sold as far away as Mexico.

Locating along the sea, Shandong province boasts   potential marine industry. It tries to strengthen modern marine industries by   developing marine technology. The project of “the key technology for   trehalose production and application”, which was directed and completed by   Professor Wang Ruiming from Qulu University of Technology, won the first   prize of for Shandong Provincial Technical Innovation in 2016. Since 2010,   the project has been used by several enterprises, such as Shandong Fuyang   Biotechnology Co Ltd. As of now, the trehalose yields of enterprises that   employ this technology account for more than 60 percent of the national total,   greatly reducing reliance on imported trehalose products. 

New technology plays an irreplaceable role in the   development of emerging industries. Jinan Shengquan Group, after seven years’   trial and error, managed to extract biomass graphene from cornstalks and   apply the material to clothing production. Tang Diyuan, chairman of the   group, reflected on the company’s efforts in developing new materials and   said that “innovation makes Shengquan survive”. 

With the rapidly increasing senior population, medical   care and the health industry is expected to be a pillar industry worth   trillions. The project “Health Shandong 2030” is included in the provincial   economic development strategy. Sun Hongjun, head of Shandong Provincial   Qianfoshan Hospital, said that to improve people’s health based on existing   medical resources can bring about immeasurable economic and social benefits.


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