Shandong's strategic emerging industries on the rise

(| Updated : 2022-04-13

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Shandong attaches great importance to the cultivation of strategic emerging industrial clusters, and a number of industrial clusters with strong innovation abilities have been established in the province.


In Qingzhou, Shandong province, an employee works on an automaker's production line. [Photo by Wang Jilin/For China Daily]

More than 400 provincial innovation platforms have been built, and the scale of seven national strategic emerging industry clusters in the province has topped 1 trillion yuan ($152.5 billion). Six of the clusters are worth more than 100 billion yuan. At the provincial level, Shandong has 25 strategic emerging industrial clusters.

New-generation information technology, biotechnology, new energy, new materials, high-end equipment, new-energy vehicles, green environmental protection, aerospace, marine equipment, and other industries are among the strategic emerging industries that are critical for accelerating the cultivation of new economic drivers and promoting high-quality development.

According to Xu Yueheng, a researcher from the Shandong Academy of Macroeconomic Research, Shandong should cultivate more strategic emerging industry clusters with good foundations and development potential, further concentrate superior resources, consolidate the foundation of innovation, and strengthen the construction of a new infrastructure.