The Weihai International Port Economic and Technological Development District (Lingang district) is rising as a top business destination for foreign companies, local media reported.
Yantai's Huang-Bohai New Area in East China's Shandong province saw foreign direct investment surged from January to June with a 37 percent increase year-on-year.
Jinan Start-up Area for Growth Drivers Transformation has seen booming development in emerging industries.
The China (Shandong) Pilot Free Trade Zone Yantai Area launched a new administrative model to facilitate investment, which has helped 22 foreign-invested enterprises in the area receive their business licenses without going back to their home country.
Yantai Economic and Technological Development Zone in East China's Shandong province attracted 20 key projects in the first quarter of the year, a year-on-year growth of 43 percent.
The Innovation Academy for Microsatellites of Chinese Academy of Sciences and the Shandong Institutes of Industrial Technology signed a carbon satellite project agreement on March 9.
The development planning for the Huang-Bohai New Area in the coastal city of Yantai was approved by the Shandong Provincial People's Government, according to a document issued by the Shandong Provincial Development and Reform Commission on Dec 31.