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Haier's largest domestic investment project settles in Qingdao

(chinadaily.com.cn) | 2022-07-05

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Visitors are introduced to COSMOPlat, Haier's industrial internet platform, at a free trade zone in Qingdao, Shandong province, on Nov 30, 2020. [Photo by ZHANG JINGANG/FOR CHINA DAILY]

The commencement ceremony for the Haier COSMOPlat Industrial Internet Ecopark project was held on July 2 in Jiaozhou, a county-level city in Qingdao, Shandong province.

The project, spanning an area of about 273.33 hectares with a total investment of 13 billion yuan ($1.94 billion), is home appliance giant Haier Group's largest investment project in China, said Zhou Yunjie, chairman and CEO of Haier.

Zhou added that an industrial internet demonstration park based on the high-end smart home appliance industry and powered by the digital economy will be formed after the completion of the project in November 2023.

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The booth of Haier Smart Home is seen at the 2021 Appliance & Electronics World Expo in Shanghai in March. [Provided to China Daily]

Located in the core area of the China-SCO Local Economic and Trade Cooperation Demonstration Area, the project, empowered by COSMOPlat, will be built into a national industrial internet demonstration park with 5G and AIOT (artificial intelligence internet of things) integrated applications. It will become the industry's first high-end smart home appliance manufacturing demonstration base with new technology, a new system and new energy.

COSMOPlat, a first-of-its-kind industrial internet platform developed by Haier, now ranks among China's top cross-industry and cross-sector industrial internet platforms.

The project will also become the first 100-billion-yuan-level industrial chain in the China-SCO demonstration zone as well as in Jiaozhou, contributing greatly to the high-quality development of the regional intelligent manufacturing industry, according to local officials.