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WEIHAI, China, Aug. 26, 2022 /PRNewswire=KYODO JBN/ --

Recently, the Watching New Development in Lingang, 2022 China Mainstream Media

Tour took place in Lingang District, Weihai City, Shandong Province. Nearly 30

journalists joined the event and toured Lingang District where they discovered

the area's many achievements and felt its vitality as a result of the

completion of several real estate projects, the addition of new cultural and

leisure venues and the roll out of policies to support further opening up to

the outside world.

During the tour, the group visited Weihai Modern Agricultural Industry College

(Hengxing), Weihai Gaosai Huayun Automobile Refitting, Weihai Taiji Intelligent

Technology, SF Intelligent Sorting and Distribution Center, Sino-Japanese

(Weihai) Cooperation Industrial Park and other companies where they interviewed

several of the executives and employees working there. The combination of

articles, photos and video shots put together by the journalists and made

available online tell Lingang's story: the district has developed into one

which is a perfect blend of high-end industries and a beautifully constructed

city noted for its own unique charm.

Three industry clusters now call Lingang home: new materials, high-end

equipment manufacturing and pharmaceuticals/medical devices. The presence of

the clusters has accelerated the creation of a modern industrial ecosystem with

local characteristics.

By embracing policies that support opening up, the district's government

focused on bringing in quality investment and speeding up the construction of a

strong industrial development platform. In 2018, the district received the

approval to build the Sino-Europe (Weihai) SME Cooperation Zone. In 2021, the

district took the lead in building the Sino-Japanese (Weihai) Cooperation

Industrial Park, a move that quickly led to collaborations with foreign

companies to build production capacity for both domestic and international

markets and to create industry clusters supported by foreign investment.

In terms of scientific and technological innovation, Lingang District is home

to more than 50 national- and provincial-level innovation platforms. For 2022,

the district has set as a goal the raising of 8.7 million yuan (approx. US$1.5

million) to support development in the new materials, electronic information

and biomedicine sectors and the bringing in of 46 million yuan (approx. US6.7

million) in R&D investment from the private sector.

SOURCE  CRI Online