Qingdao WCNA ranks 2nd in Shandong's top 10 industrial areas

Qingdao West Coast New Area (Qingdao WCNA) ranked second in the list of the top 10 strongest industrial areas in Shandong province in 2021, and was the only area in Qingdao city to make the list.

A total of 118 areas from 16 cities in the province participated in the selection, and the top 10 on list represent the highest level of Shandong's county-level industrial economy.

The top 10 areas will receive provincial-level financial incentive policy support and each of the areas will be given funds of no less than 100 million yuan ($15 million) for their major industrial transformation and upgrading projects and infrastructure construction.