Shandong Port Group Co Ltd, or SPG, established on Aug 6 in 2019 – which is currently the world's biggest port operator – owns and operates Qingdao Port, Rizhao Port, Yantai Port, and Bohai Bay Port in East China's Shandong province.

Port-industry-city integration

SPG Chairman Huo Gaoyuan said during the group's 2021 semiannual summary meeting on Aug 4 that the integration of port, industry and city was of great significance to the development of the port group itself, as well as the entire port industry and the development of Qingdao city.

Northeast Asia shipping center

Huo added that integration would be the fundamental task of SPG over the next two or three years – as would be the integration reforms and speeding up of the construction of a world-class seaport group.