The Zhaoyuan Economic Development Zone is a provincial-level development zone established with the approval of the Shandong Provincial People’s Government. Located in the northeastern part of Zhaoyuan City, it is integrated with the old city area. The zone covers a total area of 16 square kilometers, with 8 square kilometers designated for industrial parks. The development zone is adjacent to Yantai Airport and Yantai Port to the east, Longkou Port to the north, and the Jiaozhou-Jinan Railway to the south, and is 130 kilometers from Qingdao Airport and Qingdao Port. The Grade 1 highway connecting Longkou Port to Qingdao Port runs through the zone.The zone has achieved “five utilities and one leveling” infrastructure. It features three 3.5 kVA power supply and substation facilities with a daily water supply capacity exceeding 10,000 tons. Two primary and secondary schools have been established, accommodating 3,500 students. The zone is home to unique natural hot springs, and a dedicated hot spring hotel has been constructed.
Currently, the zone is home to more than 70 enterprises of various types, including 25 foreign-invested enterprises. Total enterprise investment amounts to $93.976 million, with contracted foreign capital of $38.64 million and actual in place funds of $31.34 million. More than 10 high-tech enterprises have been established in the zone, including Jinbao Electronics, Gaoxiang Electronics, Membrane Engineering, and Weida Silicone. The zone produces 33 export products.A wide range of products, including copper foil, copper-clad laminates, color-coated sandwich panels for construction, printed circuit boards, magnetic cores, membrane equipment, silicone, Longkou vermicelli, rabbit-fur sweaters, and handicrafts, enjoy a high reputation both domestically and internationally.