[Video by Li Weijia/provided to chinadaily.com.cn]

The Huang-Bohai New Area in the coastal city of Yantai, Shandong province has remained committed to pursuing high-quality development. Currently, the area is home to five key industries, which are high-end new chemical materials, next-generation information and communication technology, automobiles and new energy resources, high-end equipment manufacturing, and biomedicines. Official data indicates that the area's total output value hit 260 billion yuan ($37.87 billion) in 2022.