Financial science, technology innovation zone in Qingdao flourishes

This year, foreign investments totaling $11 million have flowed into the financial science and technology innovation zone in Tangdao Bay of Qingdao West Coast New Area, exceeding the annual target by 110 percent. Additionally, local tax revenue has reached 22.03 million yuan ($3.03 million), surpassing the annual target by 367 percent.

Behind these figures lies the dynamic initiatives of the financial science and technology innovation zone in Tangdao Bay.

Tangdao Bay lies along the azure sea. [Photo/IC]

Accelerating industry agglomeration

Throughout this year, the investment promotion team of the financial science and technology innovation zone in Tangdao Bay has visited key cities such as Shanghai, Shenzhen, and Beijing. Simultaneously, the construction of the innovation center in the zone is progressing in tandem with investment activities. 

Offering precise support of the real economy

This year, the zone facilitated a 3.5 million yuan loan by providing specialized services such as asset verification, pricing assistance, and financing guarantees to local enterprises.

Accelerating the commercialization of scientific and technological achievements

In March 2025, the zone hosted a matchmaking meeting, establishing a repository that includes 25,000 scientific and technological achievements from nine universities in the area and 1,120 patents from four research institutes, with a combined valuation of 189.4 billion yuan.

Promoting specialized tourism development

Tangdao Bay is naturally endowed with unique mountain and sea resources. Currently, the zone is leveraging these resources and actively promoting specialized tourism to elevate regional living standards and enhance consumption dynamics.