Recently, the investment promotion and development conference and the centralized signing ceremony for key projects were held in the Huang-Bohai New Area in Yantai, Shandong Province. In total, twenty quality projects were signed, covering aerospace & shipping, new energy & materials as well as consumer electronics & opto-electronics. Notably, there are two projects with an investment of more than 5 billion yuan and ten projects with an investment of more than 1 billion yuan, and the combined investment reaches nearly 30 billion yuan.

Since the beginning of this year, the Huang-Bohai New Area has attracted 106 key projects with a total investment of more than 115 billion yuan in five leading industries of new generation of information technology, high-end equipment manufacturing, chemical and new materials, automobile and new energy, and biomedicine. Specifically, there are two projects with an investment of more than 10 billion yuan, i.e. MabPlex biomedicine industrialization project and crude oil pipeline logistics integration project; three projects with an investment of more than 5 billion yuan including SAIC-GM new energy vehicles project and Wanhua Chemical-Hohai smart energy project; and 28 projects with an investment of more than 1 billion yuan including radar chips project, quartz crystal valley industrial park project, Tsingke+ high-end equipment manufacturing project, and cooled infrared sensors project. Over the past year, the Huang-Bohai New Area has attracted more than 100 key projects with a total investment of more than 100 billion yuan, ranking first in Yantai City in terms of the number, quality, and size of projects signed.