Innovation key word for Yantai's high-quality development

inputtime: 2022-08-18 09:36:39

Yantai, a coastal city in East China's Shandong province, released 85 concrete measures earlier this year to foster the city's high-quality and innovation-driven development, and cultivate competitive advantages.

Yantai is an important node city in the Bohai Rim Economic Circle and the Jiaodong Economic Circle. It is one of the first 14 coastal cities in China to be opened to the outside world, as well as a crucial port city involved in the Belt and Road Initiative.

According to official data, the city now houses 55 listed enterprises, and has won first prize four times at the State Science and Technology Advancement Award, which indicates that the city is focusing on advancing reform and stimulating innovation to optimize its economy effectively.

In recent years, the city has developed a number of important products, and achieved breakthroughs in core technologies in key fields. A batch of high-level scientific and technological innovation platforms have been built, and efforts have also been made to advance basic theory research, and incubate major research findings. The city has also made some original breakthroughs in core technologies, and scientific researches have reached world-class levels in certain fields.

Yantai launched a three-year action plan last year to transform into a strong manufacturing city, and accelerated its pace in building more high-level innovation platforms to further increase its innovation capabilities.

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