Qingdao has been pushing the largest relocation project in history for enterprises in old urban area to protect environment in recent years, batches of enterprises pushed the starting button of relocation project one by one. By now 104 of 110 enterprises on the project list started their relocation action, and CNY 35.9 billion investment was spent. The goal of shutting down all the listed enterprises can be realized by the end of 2015.

    The project enables many traditional enterprises of Qingdao to gain new momentum, letting the Qingdao industry to gain new motivation for the changing development mode and adjusting structure in the economic new normal. On the other hand, the project expands a whole new development space in old city zone, new high-tech industry, and strategic emerging industry can develop in the spaces cleared by old enterprises, thus a win-win situation can be achieved. (Lin Gang) [Qingdao Soda new factory room in Pingdu.