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Shandong Sees 175.7% Surge in LLM Sector

Source：Haibao News 03-11-2025 09:00:00

Shandong is a crucial industrial hub in China, characterized by its large-scale and comprehensive supply system. The strategic initiatives outlined in the government work report concerning new quality productive forces have presented significant development opportunities for Shandong. These initiatives also urge the province to maintain and enhance its advantages, address weaknesses swiftly, and strive for remarkable progress in high-quality development.

In 2024, Shandong's core artificial intelligence (AI) industries grew by over 30%, while the large language model (LLM) sector increased by 175.7%. Additionally, Shandong's chemical industry output consistently ranks top nationwide, with a substantial inventory of special equipment.

At the end of 2024, Shandong released the Implementation Plan for Strengthening Financial Support to Cultivate and Develop New Quality Productive Forces, which set forth a plan for provincial financial resources to designate approximately 100 billion yuan from 2025 to 2027 toward nurturing new quality productive forces. This includes establishing two 10 billion yuan funds focused on high-quality industrial development and the digital economy, aiming to provide robust support for locally specific development strategies of new quality productive forces.