The Dongying High-Tech Industrial Development Zone is located at the intersection of the Yellow River Delta High-Efficiency Ecological Economic Zone and the Shandong Peninsula Blue Economic Zone. The area falls at the junction of the Shandong Peninsula Blue Economic Zone and the Bohai Rim Economic Circle, serving as a vital corridor connecting the Northeast and Central Plains economic regions. It is the core zone for the development of the petroleum equipment industry in Dongying, the central city of the Yellow River Delta. Established in January 2002,It was upgraded to a provincial-level development zone in March 2006 and approved by the provincial government as a provincial-level high-tech industrial development zone in August 2016. The built-up area of the development zone spans 15 square kilometers, with a total economic influence zone of 33.69 square kilometers. It has attracted a cumulative total of 224 projects, including more than 80 projects with investments exceeding 100 million yuan, and has secured actual fixed-asset investments of 25.6 billion yuan.Among these, there are over 180 industrial projects in sectors such as petroleum equipment and petroleum engineering technical services. The product range includes more than 1,500 varieties across 37 series, covering various fields such as petroleum exploration, pipeline transportation, surface engineering, drilling, and oil production—including specialized equipment, tools, and accessories, as well as petroleum engineering technical services. Products are sold to more than 60 countries and regions worldwide, with sales revenue accounting for half of the province’s total and over 25% of the national total.Strategic emerging industries such as biopharmaceuticals, new energy and new materials, and modern services continue to grow. A “121” modern industrial system is gradually taking shape, with petroleum equipment as the leading sector, supported by biopharmaceuticals and new energy and new materials, and complemented by modern services. By 2020, the zone is projected to achieve a total output value of 100 billion yuan and a high-tech industrial output value of 55 billion yuan, thereby entering the ranks of the nation’s leading high-tech zones.