Rizhao Street Was Selected As "Characteristic Industrial Town In Shandong Province".

On the morning of November 7th, the "2010 Shandong characteristic industry town forum" was jointly sponsored by the provincial small and medium-sized enterprises and the Qilu Evening News.

In recent years, Rizhao street is committed to introducing foreign investment projects, vigorously supporting local private enterprises, and increasing the proportion and increment of industrial tax and financial contribution rate.

The street has actively guided the development of the private economy industry to cluster, and has developed more than 120 textile drawnwork enterprises, such as Huawei textile and Jintian textile.

The streets are attracting investment as the main starting point. Through the pformation of old cities and revitalizing the use of idle factories, more than 30 new textile and drawnwork enterprises, such as Griffith textile and Hongda garments, have been introduced and nurturing.

The incentive mechanism is formulated, combined with the relevant policies of the urban areas, giving priority to the newly developed enterprises and enterprises that expand the scale of production. Through the implementation of a series of incentive measures, the whole street textile drawnwork enterprises achieve 30% of the total business income of the two or three streets of the whole Street, pay 31 million 52 thousand yuan in taxes, and employ nearly 16000 people.

It has led to over 30 villages in the whole street and more than 1200 individual processing households.