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Six companies are set up in Shandong each day on average, as out-of-town firms flock to make Shandong their home

Source：Haibao News 05-18-2026 10:00:00

As Shandong continues to improve its business environment and grow more attractive to investors, it is seeing a wave of new business establishments, with an average of six companies setting up each day. Building on a solid industrial base, convenient transport links, and favorable policy dividends, localities carry out targeted investment promotion and provide attentive services, steadily lowering business operating costs. A strong development ecosystem has drawn many market entities to expand their footprint across Qilu (i.e., Shandong), accelerating industrial clustering and building powerful momentum for the region's steady economic growth.