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Dongying's development zone off to strong start

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chinadaily.com.cn| Updated: February 26, 2025

Dongying in East China's Shandong province introduced its products for the new year with a vibrant ceremony on Feb 24, hoping breathe new life into the city's development.

The project-promotion conference, held at the Dongying Economic and Technological Development Zone, announced the start of work on 33 key projects, with a total investment of 31.8 billion yuan ($4.38 billion). These projects are set to become pillars of the city's high-quality development.

Each of the 33 projects exceeds 100 million yuan in investment, providing strong support for the expansion of emerging industries like new materials and energy, while also aiding in the green transformation of traditional industries.

The Huatai Chemical Green Ocean New Materials Industrial Base, with a total investment of 10.7 billion yuan, covers six industrial chains and 14 sub-projects, including electronic-grade chemicals and high polymer materials. It will address key supply issues and help shift the development zone toward new chemical materials.

In recent years, the development zone has been focused on project-driven growth, coordinating efforts in planning and policy-making to ensure a steady stream of projects, building momentum for high-quality development.

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