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The Qingdao West Coast New Area signed 11 key projects totaling ¥17.2 billion on March 11, 2020, including a ¥1 billion commercial air conditioning project by Hitachi and Hisense, a ¥600 million intelligent storage equipment project, a $23 million smart medical device project, and a ¥5 billion Zhongke industrial park.
“The projects involve high-end manufacturing industries such as smart home appliances, medical equipment, smart marine manufacturing, and a development platform for new-generation industrial parks.”govt.chinadaily.com.cn
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