Shinan district, covering an area of 30.01 square kilometers and located in the south of urban Qingdao, is the central urban area of the city. In 2018, its GDP reached 120.34 billion yuan, with a year-on-year increase of 7.3 percent.
It has been the center for Qingdao's political, business and finance activities, and is home to investment from an increasing number of Fortune 500 companies.
Shinan district has sped up moves to form a modern marine industrial system by developing marine science and technology, shipping logistics and coastal tourism industries.
To develop its cultural tourism industry, Shinan district has taken three major measures.
Shinan is home to headquarters of large enterprises, such as the regional headquarters of Royal Dutch Shell and Maersk Group and the headquarters of local enterprises Tsingtao Beer and Hisense.
Shinan district in Qingdao, East China's Shandong province, arranged the first financial enterprises salon for this year at the Qingdao Capital Market Service Base on July 30.
Qingdao Software Park has been identified as a national torch plan software industry base, a national technology business incubator and a national software and information service industry demonstration base.
Lushang Blue Shore Residence was designed to attract headquarters for enterprises offering high-end services, such as finance and trade.