A ferry docks at the port in Yantai, East China's Shandong province. [Photo by Yan Gang/ chinanews.com]

Among the coastal city's 37 major industries, 28 saw their value-added increase in the first six months of this year, with the equipment manufacturing, instrument manufacturing, computers, textiles, garments, chemical fiber and food production industries experiencing the fastest growth.

Investment in projects based in Yantai economic and technological development zone has reached 147 billion yuan so far this year.

Emerging industries such as biomedicine, new materials and high-end equipment manufacturing are also generating new momentum for industrial growth in the city.

The city has produced several famous biomedicine companies, including Luye Pharma Group, Shandong Oriental Ocean Sci-Tech Co and Yantai Dongcheng Pharmaceutical Group.

The city's development in high-end equipment manufacturing has also achieved progress. Blue Whale 1 — the ultra-deep-water semisubmersible drilling rig built by the nation's largest semisubmersible platform manufacturer, China Yantai CIMC Raffles Offshore — conducted successful tests in the South China Sea in May.