Another major manufacturing project has settled in Qingdao. In February 2026, a launch and deployment meeting for the Qingdao Special Steel Industrial Zone project was held to announce the formal establishment of the Headquarters and Project Department of the Qingdao Special Steel Industrial Zone. This means that the construction of the Qingdao Special Steel Industrial Zone, with a total investment of 10 billion yuan, has officially transitioned from the planning stage to a systematic, standardized, and full-speed implementation stage. Previously, according to a report by West Coast Media on September 12, 2025, investment promotion for a special steel industrial zone with a total investment of 10 billion yuan has been fully launched at the East Plant of Qingdao Special Iron and Steel Co., Ltd.