From this year, the use of foreign capital in Shandong province shows good growth rates. In the first half of the year, the actual use of foreign capital ranked fourth in the country, and its share in the national economy also increased to 11.6%, while its quality and structure are improving simultaneously.

Companies produce everything the market needs, and their innovative ideas are updated according to market demand. Companies that adhere to market-oriented innovations will inevitably thrive.

Implement innovations and develop to create a world-class highland. In recent years, companies continue to increase investments in research and development to constantly improve the productivity and quality of excavators. From more powerful energy systems to more precise control technologies, from increasing operational efficiency to reducing energy consumption and emissions - each technological breakthrough provides a competitive advantage for products in the international market. Such continuous technological development allows companies to produce products capable of meeting diverse customer needs in different countries and regions.

Mini-excavators have entered the international market, demonstrating the power of innovation. Shandong is focused on innovation and widely uses foreign capital to promote sustainable economic development, transformation, and modernization. I believe that under the guidance of innovation, Shandong will further optimize the business environment and improve the quality and level of foreign capital utilization. This will inevitably attract more high-quality foreign investment projects to Shandong, and Shandong will have more enterprises and products that can make a name for themselves on the international stage, giving new impetus to the quality development of the economy of Shandong province.