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.
The eastern coastal city of Qingdao, Shandong province recently launched an online incubator service platform for start-ups looking for suitable office space at home amid the outbreak of novel coronavirus pneumonia.
The Qingdao International Technology Exchange Market has been quickly improving since its establishment.
Fresh Mart, a convenience store operated by CP Group, will open in Shinan district, Qingdao, Shandong province in the near future.
Shinan district, Qingdao plans to further develop its headquarters economy and construct more headquarters in the region in 2020.
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.