Jining in East China's Shandong province has been facilitating the development of leading and strategic emerging industries in recent years, placing particular importance on its smart terminal industry.

The city's Smart Terminal Industrial Park, one of its key projects to bolster regional intelligent manufacturing, welcomed six new enterprises on March 31.

Six new projects set up operations in the Jining Smart Terminal Industrial Park on March 31. [Photo/WeChat account: jngjgxq]

With a total investment of 1.76 billion yuan ($24.81 million), the newly-signed enterprises will engage in the production and sales of mobile communication products, smart wearable devices, smart health care products, smart home appliances, smart automation equipment, and 5G peripheral products and accessories.

It is estimated that large-scale production can begin this July. Construction and decoration is already underway, local officials said, adding that the sales volume is expected to ultimately exceed 2 billion yuan.

"I'm very confident about the future development of the Smart Terminal Industrial Park," said Zhou Guanghui, chairman of Shenzhen Gaoke Times Technology Co, an investor in the projects.

Zhou said that he would make full use of favorable policies to enhance the competitiveness of his enterprise and work to attract more competitive enterprises to the park.

Lan Tian, an official from the local investment promotion bureau, said that they will provide one-stop services for investors and enterprises by teaming with other departments.

Lan said that policies affecting talent, financing and innovation will also be updated to better serve local enterprises.

Located in the Jining National High-Tech Industrial Development Zone, the Smart Terminal Industrial Park is expected to carry out 100 projects related to intelligent terminals, high-end computers, robots, drones and automotive electronics. It is expected to generate an output value of 50 billion yuan and a tax revenue of 1 billion yuan within five years.