General Situation

Located in the downtown business area on Liaoning Road in Shibei District, Qingdao Science and Technology Street is an important part of Qingdao High-tech Zone. With a planning area of 0.175 square kilometers, it backs the picturesque Chushuishan Park and is adjacent to Taidong business area and Zhongshan Road shopping area.

Science and technology centers have set up in Qingdao Science and Technology Street such as the new high-tech product exhibition and trading center, scientific and technological achievement transformation and trading center, science and technology innovation center, and the technology development and enterprise incubation center. Three incubation bases have been established with a total area of 50,000 square meters. Qingdao Technological Property Exchange settled down here. Four large IT product stores have completed construction, and the 66,000 square meters Buynow digital information plaza has started construction. It will become the largest distributing center for IT products in Jiaodong Peninsula or even in Shandong province.

Features of Development

Qingdao Science and Technology Street has grown into a digital technology street engaged in business in terms of computer information technology, electronic engineering, network technology and communication technology. It has also become a gathering place for computer technology, network technology and IT talents. The Street plays a critical role in pushing forward the development of Qingdao’s electronic information industry. At the same time, it lays a solid foundation for the construction of a national scientific and technological innovation platform.

Development Planning

In a bid to foster a national level scientific and technological innovation service platform, Qingdao Science and Technology Street focuses on the development of electronic information industry, with stress on high-tech product trading and taking incubation and R&D of high-tech as the core. The Street is expected to be a modern science and technology center featuring high-tech incubation and R&D, entrepreneurship service and technological achievements transformation in three years, and gradually it will grow into the scientific and technological CBD of Qingdao City.