Rizhao Hi-Tech Industrial Development Zone activates new growth drivers in E China's Shandong

Staff members work at an industrial park in Rizhao Hi-Tech Industrial Development Zone of Rizhao City, east China's Shandong Province, June 29, 2023. (Xinhua/Guo Xulei)

The Rizhao Hi-Tech Industrial Development Zone has successfully activated new growth drivers by placing emphasis on high-end technology and innovation. By adopting measures such as enhancing the business environment, attracting new investments, and fostering the influx of high-end talent, it has effectively established an industrial development system featuring key sectors that include the new-generation information technology, health industry, high-end equipment manufacturing, and modern service industry.

Currently, the development zone boasts 59 specialized and sophisticated small and medium-sized enterprises (SMEs) operating at or above the provincial level. Additionally, it is home to 12 provincial gazelle companies and 146 state-level high-tech enterprises. The period between January and May of this year witnessed a 5.7 percent year-on-year increase in the added value of the Rizhao Hi-Tech Industrial Development Zone above designated size, which demonstrates a steadily upward trajectory in economic development.

Staff members work at an industrial park in Rizhao Hi-Tech Industrial Development Zone of Rizhao City, east China's Shandong Province, June 29, 2023. (Xinhua/Guo Xulei)

Staff members discuss the research and development of dentures at an industrial park in Rizhao Hi-Tech Industrial Development Zone of Rizhao City, east China's Shandong Province, June 29, 2023. (Xinhua/Guo Xulei)

A staff member works on the production line of medical injections at a pharmaceutical company in Rizhao Hi-Tech Industrial Development Zone of Rizhao City, east China's Shandong Province, June 29, 2023. (Xinhua/Guo Xulei)

A staff member checks an auto part at carmaker ZXAUTO in Rizhao Hi-Tech Industrial Development Zone of Rizhao City, east China's Shandong Province, June 29, 2023. (Xinhua/Guo Xulei)

Staff members work on an assembly line at carmaker ZXAUTO in Rizhao Hi-Tech Industrial Development Zone of Rizhao City, east China's Shandong Province, June 29, 2023. (Xinhua/Guo Xulei)

A staff member makes surface acoustic wave filters at an industrial park in Rizhao Hi-Tech Industrial Development Zone of Rizhao City, east China's Shandong Province, June 29, 2023. (Xinhua/Guo Xulei)

This photo taken on June 29, 2023 shows an industrial robot processing auto parts at carmaker ZXAUTO in Rizhao Hi-Tech Industrial Development Zone of Rizhao City, east China's Shandong Province. (Xinhua/Guo Xulei)

Staff members perform quality check on medical injections at a workshop in Rizhao Hi-Tech Industrial Development Zone of Rizhao City, east China's Shandong Province, June 29, 2023. (Xinhua/Guo Xulei)

A staff member operates a machine to make dentures at an industrial park in Rizhao Hi-Tech Industrial Development Zone of Rizhao City, east China's Shandong Province, June 29, 2023. (Xinhua/Guo Xulei)