Shandong scores investment windfall

Shandong province has recorded the start of more than 1,000 construction projects and investments with a combined investment tag of 1 trillion yuan ($138.2 billion), signaling the benefits of efforts aimed at supporting innovative development by various enterprises and job creation.

Among these initiatives, which kicked off in late February, there are 635 private investment projects, with a total project value of 554 billion yuan.

"These projects boast a robust industrial structure, primarily focusing on emerging sectors like robotics, next-generation information technology, high-end equipment, new energy storage, new materials, and computers, which will play a crucial role in accelerating the development of new quality productive forces in Shandong," said Sun Laibin, deputy director of the Shandong Development and Reform Commission.