Primanex Photoelectric Technology Co., Ltd. in Qingdao, Shandong has only more than 70 employees, but it has participated in major national aviation and aerospace engineering projects for many times. Why? "We have the world's leading independent core technology."Guo Lei, deputy general manager of the company, said that the magneto-optical switch developed by the company is only the size of U disk and can be widely used in optical fiber communication, lidar and other fields. "Qingdao West Coast New Area has provided us with rent reduction, talent subsidy and other supports, which has effectively reduced the trouble of enterprises during the growth."

In Qingdao West Coast New Area, a large number of specialized, fined, peculiar and innovative enterprises such as Primanex enjoy the customized assistance policies provided by the New Area. "We devote our main energy and resources to the projects that the country urgently needs to overcome, focus on improving the ability of scientific and technological innovation in key fields, implement the echelon cultivation project of scientific and technological enterprises, provide customized assistance policies for enterprises, and guide enterprises to march towards industrial highland."said Wu Zhicheng, executive deputy director of the Science and Technology Innovation Committee of the New Area.

The School of Oceanography of the University of Chinese Academy of Sciences, located in Qingdao West Coast New Area welcomes the first batch of students in September this year. The West Coast New Area has been striving to transform the advantage of college agglomeration into high-quality development, deeply promote the integration of schools and cities, explore the establishment of a normalized synergy mechanism and joint research model between resident colleges and enterprises, support colleges and universities, scientific research institutes and backbone enterprises to build high-end new platforms such as innovation research institutes and technology laboratories, aim at the technological frontier and break through a number of key technologies. So far, the total number of leading talents, innovation teams and highly-skilled personnel in the area has reached 690,000, accounting for 31% of the total population, including 66 academicians.

The source of innovation is becoming a new driving force land for development. This year, in the West Coast New Area, 12 "little giant" enterprises have been listed among the third batch of specialized, fined, peculiar and innovative enterprises by Ministry of Industry and Information Technology, 19 enterprises listed among the specialized, fined, peculiar and innovative enterprises by Shandong Province and 583 enterprises listed among the specialized, fined, peculiar and innovative enterprises by Qingdao City. Led by Center for Ocean Mega-science, Chinese Academy of Sciences, Shandong Marine Scientific and Technological Achievements Transfer & Transformation Center has been built, which has carried out accurate synergy in coastal cities of Shandong. At present, it has signed cooperation agreements with 18 enterprises, realized the putting-in-place and transformation of more than 30 achievements, and driven the new output value of enterprises by more than 20 billion yuan. The "leakage condition diagnosis technology of oil and gas pipeline based on dynamic pressure wave" initiated by China University of Petroleum (East China) has been successfully applied to LNG pipeline, ensuring the safe unloading, gasification and outward transportation of 14.5 million tons of LNG in Dongjiakou Port of Qingdao.