Over the past decade, Qingdao, a coastal city in east China’s Shandong Province, has seen extensive progress in industrial innovation, ecology and residential well-being.
In 2023, the city’s gross domestic product (GDP) hit $219.44 billion, a 5.9-percent increase compared to 2022. GDP is important because it serves as a comprehensive measure of overall economic health and performance within a given period.
Investments in infrastructure, hi-tech industries, strategic emerging industries and manufacturing increased by 38 percent, 27.6 percent, 24.5 percent and 10.8 percent, respectively. The city is also making swift progress in cutting-edge fields such as genomics, cell technology, networking, artificial intelligence (AI), deep-sea exploration and aerospace.
A tech hub
Marco Lovati, a professional who has worked in Austria, Finland and Switzerland, continues to seize opportunities that enhance his career development.…
