Jinan Innovation Zone

In 1991, approved by the State Council of China, the Jinan Innovation Zone (also called Jinan Hi-Tech Zone / Jinan Investment Zone) belonged to the first batch of national-level hi-tech development zones. Until now, the Jinan Innovation Zone has undergone a steady, big and fast development with double digit GDP growth rates in recent years, passing 100 Billion RMB in 2018. According to the latest report issued by the Ministry of Science & Technology in 2018, regarding factors as technology innovation, internationalisation, global competitiveness and sustainable development, Jinan Innovation Zone ranks 11th of all 168 economic development zones in China, which is 1st in Shandong, ranked above Qingdao. The Jinan innovation Zone consists of 10 different industry parks, among them the Qilu Software Park, the Smart Equipment City and the Sino-European Manufacturing Industry Park; the whole Innovation Zone has a total area of 318 square km, and more than 50,000 companies. The overall layout has the structure of “one zone, two cities, two valleys”, including the key areas of the Airport Economic Zone, Intelligent Equipment City, Life Science City, Qilu Wisdom Valley, and Qilu Innovation Valley.