On July 5, the groundbreaking ceremony of the Yandian International Bearing Trade City project was held in Yandian Town, Linqing City with a total investment of 3 billion yuan. In July last year, the Yantai International Bearing Trade City project was formally signed by the Hong Kong Guanghong Group and the Yandian Township Government. The project has invested RMB 3 billion and will last for five years to construct an area of ​​1,003 mu with a construction area of ​​1,120,000 square meters. After the project is completed, it will drive the entire cigarette shop bearing market to quadruple the transaction volume to 50 billion yuan.

Linqing City persisted in activating internal forces and taking advantage of external forces to focus on breakthroughs in annual activities for major projects, intensified the implementation of project-led and open-minded, and major investment promotion strategies, actively strengthened cooperation with large enterprises and large groups, and introduced a number of supporting forces. Strong big project good project.