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Introduction to Qingdao Industrial Chain (I)
2023-03-21Sino-German Ecopark

Among the 24 key industrial chains built in Qingdao, 10 are emerging industrial chains, which serve as the the key for Qingdao to win the future.

 

The 10 emerging industrial chains in Qingdao include integrated circuits, new displays, virtual reality, artificial intelligence, biomedical and medical devices, intelligent manufacturing equipment, advanced polymer and metal materials, precision instrumentation, general aviation, as well as hydrogen and energy storage. Focusing on the cluster development of the top ten emerging industries, Qingdao has planned to arrange 15 professional parks for emerging industries. Focusing on the leading industries, each park will establish a "Five Ones" working mechanism, introduce supporting evaluation methods for projects entering the park, strictly control project access thresholds, to create a series of high-level professional parks with the "One Park, One Policy" principle. Currently, four industrial parks - virtual reality, integrated circuits, new displays, and artificial intelligence - have been established. These industrial parks will assume the important task of shaping new competitive advantages of the real economy in Qingdao.

 

In November 2022, Qingdao New Display Industrial Park and Qingdao Integrated Circuit Industrial Park were simultaneously inaugurated in West Coast New Area. These two parks are two key points to "Strengthen the chip and expand the  screen industries" in Qingdao. The integrated circuit industry in Qingdao belongs to the " Strengthen the chip" industry, with its layout starting in 2016 and ushering in a bumper year in 2021: The Foxconn semiconductor high-end packaging and testing project was officially put into production, and the 8-inch factory of Sien (Qingdao) Integrated Circuit Co., Ltd. has been successfully put into production. For the integrated circuit industry chain, the scale of the integrated circuit industry will double and exceed 10 billion yuan in 2023. The integrated circuit industrial park which locates in West Coast New Area aims to achieve a cumulative investment of over 100 billion yuan, with an industrial scale of 35 billion yuan and related workforce of over 12000 people by 2025.


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