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Dongying Port's chemical park ranks 4th in China

LMS
Updated: October 31, 2024

From Oct 29 to 31, the 2024 China Chemical Park Development Conference took place in Chengdu, Sichuan province.

During the plenary session on Oct 30, the China Petroleum and Chemical Industry Federation announced the top 30 chemical parks for high-quality development in 2024. The Dongying Port Economic Development Zone ranked 4th among 695 chemical parks nationwide, climbing two spots from last year and achieving its best result to date.

Since the list's inception in 2013, Dongying Port has consistently ranked among the top chemical parks and accelerated its high-quality development. It has ranked in the top 30 for 11 years and in the top 10 for the past eight years.

Recently, the Dongying Port Economic Development Zone has capitalized on the Yellow River's national strategic opportunities and its role as a pilot zone for green, low-carbon development.

From January to September this year, the region saw a 14.6 percent year-on-year increase in industrial value added for enterprises above designated size, an 11.5 percent rise in fixed asset investment, and a 25.3 percent growth in foreign trade imports and exports to 55.4 billion yuan ($7.77 billion). The cumulative general public budget revenue also rose to 2.49 billion yuan, which was a 12.9 percent increase.

The Dongying Port Economic Development Zone is rapidly progressing from keeping pace to taking the lead, striving to become a world-renowned, top-tier modern chemical park.

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With an investment of over 24 billion yuan, the Dongying Port Economic Development Zone has developed 59 port berths, including 31 open to international vessels, and achieved a port throughput of over 70 million metric tons. [Photo/WeChat account: gh_de6f0be95f98]

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The Dongying Port has developed a vibrant industrial ecosystem, achieving a 94 percent concentration of industries and surpassing 200 billion yuan in industrial output. [Photo/WeChat account: gh_de6f0be95f98]

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The Dongying Port Economic Development Zone has invested 400 million yuan to establish China's first 5G+ smart park, featuring a unified interface for real-time monitoring of safety and environmental protection. [Photo/WeChat account: gh_de6f0be95f98]

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