Economic Revitalization in Weifang—The Story of a City with Much to Prove and the Resources to Succeed

Economic Revitalization in Weifang—The Story of a City with Much to Prove and the Resources to Succeed

In June of 2015, Inter Media Japan was invited to be part of an exclusive media trip organized by newspaper publisher China Daily. During the trip, a team of media from around the world experienced first-hand the opportunities Weifang City had to offer.


Over the last 30 years, China has become an unprecedented economic powerhouse, from it emerged countless business conglomerates and infrastructures that took China’s economic competitors centuries to create. China’s commitment to fully entering the global stage became even more apparent in recent years: in 2014 alone, 48% of China’s gross domestic profit (GDP) was dedicated to domestic and foreign investment, making it the fifth largest investor county in terms of proportion of GDP invested and the largest overall monetary investor in the world. Given its immense size and its dedication to growth and globalization, it is undeniable that China is headed to the forefront of the global market. Accordingly, many investors turn to China for the vast number of opportunities it has to offer, particularly to those seeking to contribute to the momentum of technological advancements; however, China also has plenty to offer outside of the investment sector. As a country with one of the most ancient, profoundly rich cultures in the world, a number of well-maintained historical monuments, and endless antique discoveries yet to be made, China undoubtedly provides an enticing combination of the charm of antiquity and the magnetism of economic potential. One of China’s largest expeditions so far has been the economic expansion of the mainland provinces to more resemble commercially powerful, but overly congested areas like Beijing and Shanghai: one of said expeditions is occurring in Shandong Province. The second most populated province in China, Shandong is currently one of the epicenters of China’s technological industrialization movement. Additionally, Shandong is one of China’s many culture hubs; a number of ancient artifacts and castles can still be found in the area. A province of great promise, Shandong is steadily drawing in both investors and high culture enthusiasts from around the globe.

Weichai Power Company.
Weichai Power Company.

Industrial Development Zone and Investment Opportunities

Weifang City, a prefecture-level city located in the center of Shandong, is the budding high-tech center of China. Weifang is currently at the frontier of some of the most innovative technologies, including 3D printing, automotive industrialization, and software/nanotechnology. Weifang is successfully capitalizing on the universally pressing need for innovative and sustainable technologies; as a result, through Weifang, China is expediting the development of cutting-edge technology and an optimized industrialization sphere. Given the novelty of advancements such as 3D printing and nanotechnology, they are generally seen as economically infeasible or impractical but Weifang’s Industrial Development Zone was constructed with the intent to refine, commercialize, and supply low-cost, new-age products in order to introduce unprecedented productivity and accessibility to society. Weifang’s Development Zone dedicates a significant portion of its resources to hi-tech mechanics that may improve consumer’s daily lives and reduce the collective human footprint on the planet. The development of 3D printing by companies such as Weifang 3D Printing Technology Innovation Center could promise to not only change the world of manufacturing, pioneering unparalleled speed and flexibility in production, but could also revolutionize the world of medicine. Furthermore, major motor companies such as Weichai Group continually produce and popularize more efficient, cost effective, and low emission engines. These firms in Weifang work incessantly to produce professional and operational goods that will have a positive impact on the global market.

Culture and Tourism

Although the Industrial Development Zone has made remarkable progress in technologies and industry, the province of Shandong and Weifang City have even more to offer inquisitive visitors in terms of fine arts and riveting culture. It goes without saying that China has one of the oldest, richest cultures in the world and most of today’s recognizable, still tangible historical artifacts are of Chinese origins. The significance of China’s culture and values permeate through the entirety of Weifang, which is considered the kite capital of the world and allegedly the birthplace of the kite itself. The Weifang World Kite Museum and the Mei Village provide the most insight on kite making’s extensive effect on the regional culture of Weifang: year after year, the citizens of Weifang enjoy kite flying as a leisure activity and the city produces more than 60%, of the kites purchased all over the world. The cultural activities available in Weifang are not limited to kite history, the city is also home to stunning wood block and print art, museums filled with priceless relics, even a dinosaur national park in Zhucheng that is filled with recent prehistoric discoveries and a new species of dinosaur native only to the area.


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