Shandong has been beefing up efforts to become a strong maritime province since the 18th National Congress of the Communist Party of China (CPC) in 2012, with specific measures taken to cultivate a competitive marine economy.
Shandong province has witnessed booming development in marine economy, according to the 2021 Marine Economy Development Report of Shandong recently released by the provincial government.
Since its establishment on Aug 6, 2019, SPG has integrated itself into the BRI and the new development pattern.
In a move to further enhance trade ties between China and other member markets within the Regional Comprehensive Economic Partnership agreement, Shandong Port Group has launched more routes linking Qingdao Port and other RCEP economies.
Shandong, an economic powerhouse on China's east coast, has seen a booming marine economy in recent years as the province has been ramping up efforts to spur ocean-related industries and environmental protection.