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Qingdao青岛

Tier 2 - Major City

A coastal manufacturing powerhouse transitioning from traditional home appliances to smart manufacturing and industrial internet. Home to Haier and Hisense, Qingdao is leveraging its appliance legacy to lead in industrial IoT platforms.

GDP

$205B

2023

Population

10.26M

residents

Industry Output

¥38B

all sectors combined

Sectors Active

2

frontier tech sectors

Key Facts

  • Headquarters of Haier (world's largest home appliance brand) and Hisense
  • Haier's COSMOPlat is China's leading industrial internet platform
  • Major port city with strong marine engineering and shipbuilding industries
  • Host of the SCO demonstration zone for international trade and tech cooperation

Major Companies

World's largest home appliance brand, now a leader in industrial internet platforms (COSMOPlat) and smart manufacturing solutions.

AI & Computing

Founded 1984

Major consumer electronics maker producing TVs, displays, and smart city infrastructure, with growing AI and IoT capabilities.

AI & Computing

Founded 1969

History & Context

Qingdao's modern manufacturing identity was built on home appliances, with Haier and Hisense growing from local refrigerator factories in the 1980s into global brands. In the 2010s, Haier pioneered the COSMOPlat industrial internet platform, transforming itself from a manufacturer into a smart manufacturing solutions provider. The city government has heavily promoted the industrial internet, designating Qingdao as a model city for smart manufacturing transformation. Qingdao's port and marine engineering sectors are also upgrading, with growing expertise in deep-sea equipment and marine robotics.