Time:01-13-2021 11:10

City Overview

Node City of the Belt and Road Initiative Strategy 

·It is an important part of Coastal cities, the coast of the Yellow Sea, Shandong Peninsula urban agglomeration, and Shandong Peninsula Blue Economic Zone. 

·Rizhao is the eastern bridgehead of the New Eurasian Continental Bridge and the main node city of China’s “The Belt and Road” Initiative Strategy. 

City of Tourism and Sports 

·Major sports events such as the National Youth Sailing Championships, Shandong Sailing Championships, National Mountaineering Fitness Conference, and China-Japan-Korea International Sailing Championship, etc. 

·Blue sky, blue sea and golden beach. The city is known as the “the City of Water Sports” and “Oriental Sun City”, which won the United Nations Habitat Award 

·There is no severe cold in winter and no severe heat in summer, with “the south of the north, the north of the south” reputation and good air quality more than 300 days a year in this city. 

Developed port economy 

·Rizhao Port ranks seventh in the coastal ports of China, navigable to more than 100 countries and regions. 

·There are more than 20 flights to Beijing, Shanghai, Guangzhou and other important domestic cities. 

·Developed land transportation system, three highways (Shenyang-Haikou, Rizhao-Lankao, Weifang-Rizhao) and two national highways (G204, G206) 

·The oil pipeline directly connects the crude oil terminal with the petrochemical enterprise, relying on the completed oil pipelines from Rizhao to Yizheng in Jiangsu Province and from Rizhao to Dongming in Shandong Province.

Key Industries

Steel Industry

The steel industry is highly concentrated in Rizhao, which has two leading steel enterprises: SD Steel – Rizhao Co., Ltd. and Rizhao Steel Holding Group, and an annual output of 20 million tons. According to “Shandong Province Development Plan for Leading Steel Manufacturing Industrial Bases (2018-2025)” (Lu Zheng Zi [2018] No.242), Rizhao is a leading steel manufacturing base in Shandong. By 2025, the annual steel output of Rizhao will reach 40 million tons, making it a core and leading area of transformation and upgrade in the steel industry of Shandong.

Automobile & Components Industry

Rizhao is a key automobile industrial base in the middle and long-term development plan of automobile industry of Shandong Province. In 2019, the complete vehicle and components industry of Rizhao generated an output value of 31.02 yuan. Up to now, Rizhao already has 4 complete vehicle manufacturers, namely Feidi Auto of Wuzheng Group, Haihui New Energy Motor, ZXAuto and Great Wall Motor, and over 300 automobile and component enterprises. Rizhao has also built the complete vehicle production capacity of passenger vehicle, light truck, pickup, agricultural vehicle and special vehicle, and established automobile component industrial system, the cores of which are WIA Motor and Powertech Accelerator. The annual production capacities of key products are 950,000 complete vehicles, 1 million motors, 1.55 million accelerators, 12.5 million sets of axles, and 1,200 sets of moulds.


Bio-industry in Rizhao has been developing and growing for the scale and technical level of relevant enterprises have been greatly improved, and a number of well-known leading enterprise groups have emerged in China and even in the world. At present, there are more than 20 biotechnology enterprises in the city, and it has developed into a comprehensive industry including algae chemical industry, medical medicine, biological fermentation, modernization of traditional Chinese medicine and so on. The main products are sodium alginate and dyeing aids, mannitol, iodine, fucoidan sulfate, chitosan oligosaccharide, injection medicine, citric acid series products, xanthan gum, chondroitin sulfate, human menopausal gonadotropin (HMG), human chorionic gonadotropin (HCG), drug-releasing vascular stent (under research). The area of Chinese medicinal materials has reached 60,000 Mu, with an annual output of 12,000 tons of scutellaria baicalensis, 9,000 tons of dried salvia miltiorrhiza, and 1,200 tons of other products, with an annual output value exceeding RMB 1.5 billion and a profit tax of RMB 300 million. More than 10 backbone enterprises such as Shandong Jiejing Group, RZBC Group Co., Ltd., Shandong Topscience Biotech Co., Ltd., Shandong Changfu Jiejing Pharmaceutical Co., Ltd. and Shandong Kaison Biochemical Co., Ltd. have a good industrial foundation, rapid development, strong driving force, and have become backbone thousand enterprises in the biomedical industry in the city. 

Modern agriculture

Rizhao is a traditional agricultural city and its agricultural science and technology extension service system has been initially improved. There are more than 10 agricultural scientific research institutions in the city, including the Academy of Agricultural Sciences, the Tea Research Institute, the Forestry Research Institute, the Grape Research Institute, the Edible Fungi Research Institute, and so on, with more than 1,000 agricultural scientists and technicians at all levels. However, the overall level of agricultural technology in the city is still relatively low, and the R&D of modern agricultural high and new technologies is insufficient. With the development of new socialist countryside construction, it is intended to carry out in-depth R&D on key generic technologies such as improved varieties of agriculture, intensive processing of agricultural products and safety of agricultural products, vigorously implement improved seed projects, raise the level of agricultural facilities and intensification, and carry out research and application of technologies for biological control of major diseases and insect pests, control of major animal epidemics, protection and efficient use of agricultural biological resources, and improvement of the agro-ecological environment, so as to enhance the ability of sustainable innovation in agricultural science and technology. 

New energy

In recent years, Rizhao has made great efforts to promote the R&D and application of solar energy and related industrial technologies, and has made some progress in the R&D and utilization of solar water heaters, the development of PV cell series products, straw power generation, and so on, with more than 20 related enterprises. Shandong Haoming Solar Industry Co., Ltd. has developed solar water heaters, solar heat collection project installation and so on, with Jihao and Haoming series solar water heaters having set up sales outlets throughout the country and installed tens of thousands of heat collection projects. The high-efficiency crystalline silicon solar cells, solar LED street lamps developed by Rizhao Delight Co., Ltd. are economical and environmentally friendly for they use solar energy as the source of energy and high-power LED as the light source without the need to bury cables; Rizhao Dinghong Electronics Co., Ltd. is also exploring and developing new amorphous silicon solar energy utilization. 

Electronic information

In 2008, there were 31 enterprises above the designated scale of the whole industry, with the main business income of RMB 2.8 billion, profits of RMB 140 million and taxes of RMB 40 million, accounting for 1.9%, 1.3% and 1% respectively of the industrial enterprises above the designated scale of the whole city. Among them, the software industry’s main business income reached RMB 65.78 million, an increase of 52%, ranking seventh in the province. There was a provincial software service outsourcing demonstration base, a provincial electronic information industry park and a provincial software park, with products related to special telephones, electronic components, lead-acid batteries, electronic equipment manufacturing and other categories. There were more than 40 enterprises engaged in software development and more than 500 employees in the whole city, forming a benign industrial pattern with interactive development of embedded software, application software, digital animation and game industry, software outsourcing and so on. 

Fine chemical industry

Chemical industry has obvious advantages and characteristics in Rizhao City. In recent years, it has focused on the development of plastics, silicone, rubber tires, latex and other superior products, cultivated a number of backbone enterprises with relatively large scale, relatively strong market competitiveness and relatively high technological content, such as Rizhao Kumho Jinma Chemical Co., Ltd., Rizhao Lanxing Chemical Industry Co., Ltd., Shandong Sunrise Group Co., Ltd., Shandong Jiejing Group Co., Ltd., and ZHONT and established provincial engineering research centers such as Shandong Synthetic Latex Engineering Technology Research Center and Shandong Seaweed Processing Engineering Technology Research Center, forming a relatively influential fine chemical industry base in China. 

Shipbuilding, repairing and other equipment manufacturing

In recent years, it has promoted the expansion of the Huahai Shipping Project in Rizhao City. It is planned to build a ship repair and construction base in Kuishanzui, focusing on building docks of 100,000 tons or more, giving priority to developing container ships, oil tankers, bulk carriers, refrigerator ships, ocean-going fishing vessels and yacht racing boats, vigorously developing ship repair and refitting business, and gradually forming an industrial system with ship-building as the main part and ship repair as the auxiliary part, with strong supporting capacity.

Advanced manufacturing

Manufacturing of automobiles and their parts. There are more than 200 enterprises and 35,000 employees in the auto industry of the whole city, including 113 enterprises above the designated size, with total assets of RMB 7.6 billion. From the geographical point of view, they are mainly distributed in Wulian County, Development Zone and Donggang District, with a relatively high degree of enterprise agglomeration, forming a division of labor and close coordination of the automobile industry. In particular, the series of agricultural vehicles such as tricycles and low-speed trucks have a certain advantage, forming a Wuzheng automobile industry chain with Shandong Wuzheng Group Co., Ltd. as the leader and Shandong Aoyou Auto Parts Co., Ltd., Shandong Shunda Machinery Co., Ltd., Shandong Xuri Automobile Decoration Group Co., Ltd. and other parts manufacturing enterprises as the backbone. 

Leading Enterprise

Shandong Hyundai Wia Co., Ltd.

It was jointly invested and established by Hyundai Wia, Hyundai Motor Company, Kia Motors and Rizhao Port Co., Ltd., with a total investment of USD 1.485 billion. It is currently the largest foreign capital utilization project in the equipment manufacturing industry in the province and the largest automobile engine production base in the world of Hyundai Motor Group, the world’s fifth largest automobile manufacturer. There are 4 engine factories, 4 light alloy factories and 1 cylinder crankshaft (2C) processing factory, mainly used for vehicle factories such as Beijing Hyundai Motor Co., Ltd. and Dongfeng Yueda Kia Motor Co., Ltd., and exported to Russia, India, Brazil, Korea, the United States and other places. The company has the capacity of an annual output of 1 million engines of various types, 3.52 million pieces of aluminum cylinder block blank. The project of 400,000 gamma CVT transmission cases with a total investment of USD 68 million has been put into production in March 2019, mainly supporting 400,000 transmission cases in Powertech. 

Asia Symbol (Rizhao) PTE

It is the leading enterprise of pulp and paper industry in Rizhao and has become the largest commercial wood pulp producer and the largest foreign-funded enterprise in China. It is a benchmark enterprise for technological progress and green development of pulp and paper industry, with a domestic market share of bleached wood pulp accounting for more than 16%. The company has the largest single pulping line in the world, using the world’s advanced pulping production process and energy-saving and emission-reducing technology. The investment in environmental protection accounts for nearly one quarter of the total investment, which is the largest investment in environmental protection for a single pulp and paper mill in China. The consumption and emission indexes of the company are superior to the relevant national and Shandong standards in total; and most of the indexes are also superior to the standards of Europe, America and Japan, reaching the international advanced level of cleaner production. Among them, the world’s most advanced pulp and paper energy-saving, water-saving, and “three wastes” treatment technology are adopted, with water cycle utilization rate of 90%, alkali recovery rate of 99.3%, black liquor recovery rate of 100%, energy self-sufficiency rate of more than 90%. 

Shandong Jiejing Group Co., Ltd.

The company founded in 1968, is one of the earliest seaweed iodine factories to solve the problem of national defense iodine. At present, it has developed into a private joint-stock enterprise group integrating seaweed and aquatic products intensive processing, marine biology, import and export trade and scientific R&D. 

Rizhao Landbridge Port Petrochemical Co., Ltd.

Established in April, 2005, it has the right to import crude oil and the right to import crude oil in non-state-run trade, and approves the crude oil quota of 1.8 million tons/year. The comprehensive processing capacity of existing crude oil is 5 million tons, mainly including 5 sets of production equipment, 3.5 million tons/year atmospheric and reduced pressure distillation, 1 million tons/year delayed coking, 1 million tons/year hydrofining, 15,000 N m3/h hydrogen production, 15,000 tons/year sulfur recovery, and supporting storage and transportation tank farm of 800,000 m3, as well as public works and supporting facilities. In June 2011, the first phase of the plant was put into operation, with the main products including automotive diesel, naphtha, residue, asphalt, wax oil, liquefied petroleum gas, petroleum coke and sulphur, etc. which has met the national and industrial standards and Sinopec’s standards for external production, with a qualified rate of 100%. 

Shandong Wuzheng Group Co., Ltd.

It was established in 1961 and reformed in 2000. It has an annual production capacity of 800,000 tricycles, automobiles and special purpose vehicles and 300,000 pieces (sets) of agricultural machinery. The company is the key backbone enterprise of China machinery industry and Shandong Province industry. In recent years, by accelerating product innovation, technological innovation, management innovation and marketing service upgrading, the transformation and upgrading from traditional manufacturing to modern intelligent manufacturing and the healthy and efficient development have been realized. It has formed top five series including agricultural vehicles, automobiles, agricultural equipment, environmental sanitation equipment and modern agriculture, and its main products are “Wuzheng” tricycles, agricultural machinery, low-speed vehicles, “UFO” brand, “Ditu” trucks, passenger trucks, special purpose vehicles, electric vehicles, and so on. 

Rizhao Steel Holding Group Co., Ltd.

Founded in May 2003, it is the largest private iron and steel enterprises in Shandong Province. The main products include hot-rolled coil, hot-rolled sheet, cold-formed sheet, pickled sheet, galvanized sheet, section steel, etc., with the quality steel accounting for more than 80% of the total steel output. Rizhao Steel Holding Group Co., Ltd. has introduced the world’s top metallurgical companies such as Danieli Metallurgical Equipment Co., Ltd. in Italy, Siemens in Germany, Voestalpine in Austria and the world’s leading production lines such as production line from the SMS Siemag Goup H-beam and the pickling and galvanizing production line from Andritz Group in Finland, with investment of more than RMB 30 billion to build the world’s most advanced level of ESP high-end products, and the construction of pickling, galvanizing and other extended production lines equipped.