Qingdao will endeavor to build up 10 billion yuan-level and 100 billion yuan-level industries

Last week, the Qingdao Municipality proposed that from this year to 2021, it will endeavor to construct 10 billion yuan-level and 100 billion yuan-level industrial chains and increase the aggregate economic volume.

In terms of upgrading conventional industries, by 2021, Qingdao will consolidate and elevate three 100 billion yuan-level industries namely wholesale, retail and real estate and newly establish two 100 billion yuan-level industries including housing construction and agricultural byproducts processing.

In terms of strengthening advantageous industries, by 2021, Qingdao will consolidate and elevate two 100 billion yuan-level industries including home appliance manufacturing and computer communication and other electronic equipment manufacturing and newly cultivate two 100 billion yuan-level industries including automobile manufacturing and railway transportation equipment manufacturing.

In terms of characteristic industries, by 2021, Qingdao will consolidate and elevate one 10 billion yuan-level industry namely shipbuilding and related equipment manufacturing and newly cultivate one 10 billion yuan-level industry in marine engineering equipment manufacturing. By 2021, the gross ocean product will account for 31% of the gross value of production.

In terms of boosting emerging industries, by 2021, Qingdao will consolidate and elevate four 10 billion yuan-level industries namely fundamental parts and components manufacturing, telecommunications, energy saving industry and instruments and apparatus manufacturing and newly cultivate five 10 billion yuan-level industries including pharmaceutical manufacturing, new energy automobile manufacturing, integrate circuit design and manufacturing, software development and big data cloud computing service.

In terms of cultivating future industries, by 2021, Qingdao will newly cultivate two 10 billion yuan-level industries in virtual reality and enhanced reality and artificial intelligence. Yang Guang