Shandong Port Group (SPG), a State-owned enterprise that operates major ports in East China's Shandong province, recently marked the completion and readiness of its world-class port cluster in five cities with a total investment of 229.51 billion yuan ($31.88 billion).

The celebration was held successively at Qingdao Port, Yantai Port, Rizhao Port, Binzhou Port and Weifang Port, all of which are subsidiaries of SPG.

A rendering showing the berths at Dongjiakou Port vested in Qingdao Port. [Photo provided to chinadaily.com.cn]

In Qingdao Port, one of the world's largest comprehensive ports, SPG has a total of 32 completed and planned projects with a combined investment of 75.49 billion yuan, signifying a promising start to the new year in terms of collaboration between the port and the city of Qingdao.