Industrial might of Shandong province moves westward
By Zhuan Ti | China Daily | Updated: 2017-05-15 07:58
More enterprises in Shandong province are seeking the huge market potential brought by the Belt and Road Initiative, said local officials and businesspeople.
Countries along the route have become the favorite destination for Shandong to transfer its industrial capacity to thanks to their lower costs and abundant resources, according to Zhang Xingcheng, deputy chief of Shandong Bureau of Commerce.
"Shandong's international cooperation mainly focuses on rubber tires, textiles and garments, machinery and electronic products. Some key cooperative projects have made positive progress," Zhang said.
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