Time:01-13-2021 10:50

Development Advantage

The seaside city abundant in opportunities

Located on the coast of the Yellow Sea and the southern part of Shandong Peninsula, Qingdao is an important central city along the coast of China. In 2019, Qingdao launched initiatives to seek breakthroughs in the marine sector, resulted in an increase of 11.2% of value added in the marine sector. In addition, Qingdao also has profound industrial foundations in such sectors as household appliances, electronic information, and automobiles and locomotives.

Having Haier, Hisense, Tsingtao Brewery and other internationally known brand enterprises, Qingdao is known as the "City of Brand in China".

In such a strong commercial atmosphere, Qingdao has 1.44 million market operators, numerous research institutions of 25 universities and various platforms for entrepreneurship and innovation. It has been selected as "The Most Attractive Chinese City in the Eyes of Foreign Talents" for 8 consecutive years.

Excellent location and developed port

Qingdao is an international port city. Qingdao port is an important international trade port and transit hub in northern China, open to navigation with 177 ports globally.

Qingdao is an important aviation hub. Currently the airport operates 203 routes, and the 4F-level Jiaodong International Airport will be put into operation by 2020.

Qingdao, boasting about its natural conditions for international multi-modal transport logistics hub, has land corridors across Asian-European continent with the coverage of multiple countries.

Famous city for history and tourism

As a coastal resort and tourism city, Qingdao has been selected as one of the most livable cities by the United Nations. In 2019, Qingdao received 109 million visitors.

As a famous national historical and cultural city, Qingdao not only has a series of ancient cultural sites like Beixin culture and historical sites like the Great Wall of Qi, but also has the Eight Great Passes, known as the "World Architecture Expo" hidden in the beautiful scenery of mountain and sea. In addition, it has 100 museums all over the city, creating cultural atmosphere for it.

As a city immersed in modern cultural atmosphere, Qingdao is the "World's Beer City", "World's Sails City" and China's First "City of Movies".

Highly open city coordinated internationally

As a highly open city, Qingdao has cooperated and exchanged with other countries extensively in economy, trade, culture, sports, education and other fields.

Qingdao is implementing the international city strategy in-depth, and has gained approval for the 144-hour free-visa transit policy for foreigners.

Qingdao has trade with 228 countries and regions, and established friendship relationship with 76 foreign cities, and economic partnerships with 111 cities.

Nowadays, Qingdao has become a strong magnetic field in China to attract foreign investment. It is one of the cities with most dense investment from Fortune Global 500, for 156 enterprises of Fortune Global 500 have invested 298 projects here.

Development Goals

Breakthroughs on 15 Fronts

Qingdao has deepened the implementation of the important directive spirit of General Secretary Xi Jinping to "Hold a Meeting Successively to Invigorate a City" and launched the "Breakthroughs on 15 Fronts" to speed up the construction of an open, modern, active and fashionable international metropolis. The breakthroughs on 15 fronts include breakthroughs in the marine sector, investment promotion and expert recruitment, upgrading accessibility, integrated military and civilian development, rural vitalization, boosting the development of Pingdu and Laixi, building an innovation center for international shipping, trade and finance, "high-end manufacturing + AI", the reform of state-owned enterprises, bolstering up the private sector, science and technology-driven growth, improving livability, building a world-renowned "in" city, building an efficient city with enabling business environment and building "Safe Qingdao". Through these 15 breakthroughs in development, Qingdao strives to seek a new way of high-quality development.

“956” modern industrial system

On the basis of the "Shandong Top Ten" industries and in combination with Qingdao's actual conditions, regarding the major project of the old and new kinetic energy conversion as the starting point, Qingdao further refines and strengthens the "956" modern industrial system as follows: It will make every effort to promote nine dominant and featured industries, i.e., "modern marine, smart home appliance, rail transit equipment, automotive, modern financial, modern logistics, modern tourism, business service, and health and aged care" industries; cultivate and expand five emerging future industries, i.e., "new generation of information technology, biomedicine, high-end equipment, energy conservation and environmental protection, cultural and creative" industries;  reform and upgrade the six traditional pillar industries, i.e., "business and trade services, food and beverages, textile and clothing, machinery and equipment, rubber and chemical and modern agricultural" industries.

On the basis of the "956" modern industrial system and based on promoting the development of dominant and featured industries in clusters and chains, Qingdao will strive to build core industrial clusters such as new generation of information technology, health, new energy vehicle, high-end equipment; and key industrial clusters such as finance, logistics, cultural and tourism, business and trade in the direction and focus of investment promotion; and will focus on 16 key industrial chains, "integrated circuit (IC), new display, smart home appliance, AI, medicine and medical equipment, electric vehicles, rail transit equipment, marine engineering equipment, robots, health care, finance, logistics, cultural creativity, tourism, wholesale and retail", thus forming a list of 62 key industrial links (fields) for investment promotion to carry out industrial chain, specialization and socialization of investment promotion.

Investment Demand

Based on promoting the development of dominant and featured industries in clusters and chains and in combination with "Qingdao Top Ten" industries and "956" industrial system, Qingdao will strive to build core industrial clusters such as "new generation of information technology, health, new energy vehicle, high-end equipment; and key industrial clusters such as finance, logistics, cultural and tourism, business and trade; and will focus on 16 key industrial chains, "integrated circuit (IC), new display, smart home appliance, AI, medicine and medical equipment, electric vehicles, rail transit equipment, marine engineering equipment, robots, health care, finance, logistics, cultural creativity, tourism, wholesale and retail", thus forming a list of 62 key industrial links (fields) for investment promotion to carry out industrial chain, specialization and socialization of investment promotion.

 Key Industries:

Industries of 100 billion: 6 local industries with operating income exceeding RMB 100 billion

Industries of 50-100 billion: 6 local industries with operating income of RMB 50-100 billion

● Computing communications and other electronic equipment manufacturing

● Railway transportation equipment manufacturing industry

● Refined petroleum product manufacturing industry

● Agricultural and sideline food processing industry

● Civil engineering and construction industry

● Chemical raw materials and chemicals manufacturing industry 

Industries of 10-50 billion: 27 local industries with operating income of RMB 10-50 billion

 With complementarity with the Shandong Top Ten industries, 956 industrial clusters to be developed as focus have been identified in detail

Clusters of nine featured industries

● Home appliances, marine, rail transit equipment, automobile, finance, logistics, business services, tourism, and health and aged care

Clusters of five emerging industries

● New generation of information technology Biomedicine, high-end equipment, energy conservation, environmental protection, cultural and creative industry

Clusters of six traditional pillar industries

● Food and beverage, textile and clothing, machinery and equipment, rubber and chemical industry, modern agriculture and business services

  Leading Enterprises

1. Haier Group

Haier Group is a global provider of solutions for better life. In the era of Internet and Internet of Things, Haier has transformed itself from a traditional manufacture to a win-win community ecology of Internet of Things, being the first to create an ecological brand of Internet of Things in the world. Mr. Zhang Ruimin, founder of the company, serves as the Chairman and Chief Executive Officer of the board of directors.

Haier has 10 R&D centers, 25 industrial parks, 122 manufacturing centers and 106 marketing centers globally. Haier Group owns Haier, Casarte, GEA, Fisher & Paykel, Candy, AQUA, Leader and other smart home appliance brands; RRS, Haier Consumer Finance, COSMOPlat, Shunguang and other Internet of Things service brands; Haier Brothers and other cultural and creative brands. In the era of the Internet of Things, Haier has built an Internet of Things ecosystem around the strategic origin of "Smart Home Customization" (Smart Home Customization for a Better Life), such as food-linked ecosystem, clothing-linked ecosystem, residential ecosystem, and inter entertainment ecology, so as to meet the needs of users around the world for continuous iteration of personalized home service programs.

In the list of "BrandZ™ the World's Top 100 Most Valuable Brands in 2019", Haier has become the first and only "Brand of Internet of Things Ecosystem" in the history of this world's authoritative brand list. Haier Smart Home Co., Ltd., one of the subsidiaries of Haier Group, became one of the Fortune Global 500 by virtue of its global brand of smart home ecosystem. In the era of Internet of Things, Haier's ecological brand and model are leading the world.

2. Hisense Group

Established in 1969, Hisense Group has always adhered to the core values of "Honesty, Integrity, Pragmatism and Positiveness" and the development strategy of "Strengthen enterprises with technology and steady operation". It has continued to develop healthily based on optimizing the industrial structure, with technological innovation as the driving force and capital operation as the lever.

Hisense owns two listed companies, Hisense Electric Appliance Co., Ltd. and Hisense Home Appliances Group Co., Ltd.; and several brands, Hisense, Kelon, Ronshen, Toshiba Television, etc. Hisense has formed an industrial structure supported by digital multimedia technology, intelligent information system technology, modern communication technology, green energy-efficient refrigeration technology, urban intelligent transportation technology, optical communication technology, medical electronics technology and laser display technology, covering multimedia, home appliances, IT intelligent information system and modern real estate. Hisense Group's four major industries: Multimedia industry, home appliance industry, IT intelligent system, real estate and modern services.

3. Tsingtao Brewery

Tsingtao Brewery Co., Ltd. (hereinafter referred to as "Tsingtao Brewery") is a beer manufacturer with a long history in China, which was Germania-Brauerei Akt.-Ges., Tsingtau, a company founded in August 1903 by German and British businessmen. At present, its brand value is RMB 163.772 billion, ranking first in China's brewery industry for 16 consecutive years.

On July 15, 1993, Tsingtao Brewery Stock (0168) was listed on the Hong Kong Stock Exchange, and it was the first overseas listed enterprise in mainland China. On August 27, 1993, Tsingtao Brewery (600600) was listed on the Shanghai Stock Exchange, and it became the first company in China to list in both places at the same time.

By the end of 2018, Tsingtao Brewery has more than 60 breweries in 20 provinces, municipalities directly under the Central Government and autonomous regions, and its scale and market share are leading in the domestic brewery industry. In 2018, Tsingtao Brewery sold 8.03 million kL of brewery throughout the year with operating income of RMB 26.575 billion and net profit attributable to shareholders of listed companies of RMB 1.422 billion, up 12.6% year on year, realizing a healthy development trend: Profit growth is higher than income growth and income growth is higher than sales growth.

Nowadays, Tsingtao Brewery is exported to more than 100 countries and areas in the world such as the United States, Canada, Britain, France, Germany, Italy, Australia, South Korea, Japan, Denmark, Russia, ranking fifth largest beer manufacturer in the world.

4. Aucma Co., Ltd.

Established in 1987, Aucma Co., Ltd. was listed on the Shanghai Stock Exchange on December 29, 2000. On a mission to "create better products and win the respect of the world for" Made in China ", the company aims at becoming an industry leader and an outstanding enterprise with sustainable growth. It has continuously promoted the adjustment and upgrading of its industrial structure and product structure, thus gradually forming a multi-level and multi-gradient large-scale comprehensive modern enterprise group with refrigeration home appliance as its core business, electric vehicles, home appliances, washing machines, vending machines and medical freezers as emerging businesses, and electric vehicles, marine organisms and new energy home appliances as future businesses. With more than 7,000 employees, the company has an annual production capacity of 3 million freezers, 3 million refrigerators, 5 million home appliances, 4 million washing machines, 1 million electric vehicles and 10,000 Internet-based vending machines, with its marketing network covering 100 countries and areas on five continents.

5. Qingdao TGOOD Electric Co., Ltd.

TGOOD is the first stock on China's GEM with stock code: 300001. The sales scale is 10 billion, with 100+ subsidiaries, 10 major R&D centers in the world, 1,000+ patented and proprietary technologies, and 1,000+ technical R&D personnel, mainly engaged in the following fields, power equipment manufacturing, automobile charging ecological network, and new energy microgrid.

As a national high-tech enterprise and a national enterprise technology center, TGOOD has successively undertaken a number of national key R&D projects. It is a key project of the Ministry of Science and Technology for "Research and Application Demonstration of Intelligent Charging Network with Safe and Controllable, Energy Interconnection, Open and Interoperability". It is the first batch of Single Champion of cultivation enterprises of manufacturing industry and the first batch of demonstration enterprises of green manufacturing system construction "Green Factory", as well as the national green manufacturing system integration project "Research and Application of Energy Substitution of Green Key Technologies for New Energy Vehicles". Also, it undertakes the pilot demonstration project of the Ministry of Industry and Information Technology for the integration of manufacturing industry and the Internet "Construction of Energy Management Big Data Platform with Intelligent Charging Network as the Core" project, and the special project of intelligent manufacturing integrated standardization and new mode "TGOOD Box-type Power Equipment Intelligent Factory". As one of the "New Five Golden Flowers" of Qingdao's rise, TGOOD aims at building a "Golden Business Card" made in China.

TGOOD is a participant and constitutor of China's technical standards for power products, China's largest box-type power product system integrator, and an expert in power system integration solutions. Many of its products have been identified as "products ranking first and technology leading in the world".

6. Hiking Group

Hiking Group is an enterprise group with international trade as its main business, financial investment and diversified development of health industry. Since its establishment, it has accumulated a total import and export volume of USD 26 billion, ranking first among import and export enterprises in Shandong Province in terms of annual import and export volume. In 2017, the sales revenue will reach RMB 25.1 billion, ranking 193rd in China's Top 500 service enterprises, 300th in China's Top 500 private enterprises, 269th in China's Top 500 foreign trade enterprises, 86th and 9th in Shandong's Top 100 and Qingdao's Top 100 enterprises respectively, and 36th in the "Qingdao's Top 50 Tax Payers".