Weihai's industrial parks strive for excellence

Weihai's enchanting seaside vistas are complemented by its towering buildings. [Photo by Bao Lei for chinadaily.com.cn]

Weihai Wisdom Valley Industrial Park has emerged as a beacon of innovation and economic growth, attracting a diverse range of businesses and fostering a thriving ecosystem. The park's strategic focus on key industries, coupled with its commitment to creating an exceptional business environment, has propelled it to the forefront of Weihai's economic landscape.

It has established itself as a magnet for high-value enterprises by prioritizing service trade, digital economy, and headquarters economy. To date, the park has attracted 492 enterprises in the fields of technological research and development, cross-border e-commerce, and artificial intelligence, which have formed an innovative economic cluster.

The park has cultivated an atmosphere conducive to innovation and growth by implementing a comprehensive array of initiatives aimed at optimizing the business environment. These initiatives have streamlined business registration and approval processes, attracted and retained talent, and promoted international cooperation.

Weihai Wisdom Valley Industrial Park provides businesses with the support they need to thrive through its well-developed infrastructure, modern office buildings, a one-stop government service center, and diverse amenities.

The park's approach to fostering industrial chains, with a focus on chain leaders, chain alliances, and upstream and downstream enterprises, has ensured a cohesive and mutually supportive ecosystem. This approach has strengthened the park's resilience and competitiveness.

The park has fully embraced digital technologies, positioning itself at the forefront of technological innovation. The establishment of an artificial intelligence digital base and an AI hyperconverged computing center has provided businesses with access to cutting-edge technologies and resources.

The park has nurtured a comprehensive cross-border e-commerce ecosystem, encompassing incubation, live streaming, and customs clearance. This ecosystem has attracted 146 e-commerce businesses. (Edited by Yang Yingxue)