Shandong SOEs Boost R&D Investment to Drive Industrial Transformation and Innovation
METHANOL
State-owned enterprises in Shandong are ramping up R&D investment from 25.57 billion yuan in 2020 to 52.91 billion yuan by 2024, driving innovation across multiple sectors. Notable advancements include Shandong Energy Group's intelligent deep-mining technology and Shandong Iron and Steel Group's enhanced efficiency in product specifications. Additionally, digital initiatives like the launch of China's first digitally upgraded expressway and an AI resource-sharing platform highlight the commitment to leveraging technology for economic growth.

Jan 9, 2026, 6:05 AM