Qingdao National High-tech Industrial Development Zone (青岛高新技术产业开发区) was among the first batch of national high-tech zones approved by the State Council in May 1992. 

Since being established, it has been focusing on high-end and international industry with big market shares to further optimize the industrial direction. The high-tech zone has implemented six projects for industrial development with 935 projects introduced and 2.176 trillion yuan invested. All the six industries here are approved as national-level characteristic industrial demonstration bases. The emerging industrial organization and entrepreneurship demonstration project was included in the "China Entrepreneurs" Action Plan.