The assembly line at a tractor plant in Qingzhou, Weifang, Shandong is humming with activity as workers assemble tractors. [Photo/IC]

Shandong is making huge strides in technological innovation and industrial project advancement, driving its industrial growth.

SICC Co Ltd, a leading company specializing in the research, development, and production of silicon carbide (SiC) substrate material, has experienced rapid growth this year. The company's 8-inch silicon carbide substrates, which began small-scale mass production last year, have been successfully sold to overseas customers in bulk.

To support the continued growth of its industry sector, Shandong has implemented a series of practical measures. In the first three quarters of this year, the province's value-added industrial output of enterprises above designated size grew by 8.2 percent year-on-year.

Shandong Ande Healthcare Apparatus Co Ltd is another example of Shandong's commitment to innovation. Since 2010, the company has launched 12 industry-first products and is now on a solid growth trajectory. It will continue to increase investment in research and development to enhance product competitiveness.

In Shandong, there are many companies like Ande Healthcare Apparatus that prioritize research and development. Faced with a complex and changing market environment, technological innovation has given these companies the confidence to thrive. In the first three quarters of this year, high-tech manufacturing investment accounted for 56.9 percent of total manufacturing investment in Shandong, an increase of 1.7 percent year-on-year.