In 2018, the Hongdao Economic Zone (High-tech Zone) achieved a GDP of 10.77 billion yuan, an increase of 10.6%, ranking first in Qingdao; fixed assets investment of 26.16 billion yuan, an increase of 15%, ranking second in Qingdao; general public budget income of 3.18 billion yuan, an increase of 27.2%, ranking first in Qingdao.
It is noteworthy that the location of Rehabilitation University in Qingdao has been determined to be Hongdao Economic Zone (High-tech Zone).
As early as March 2019, Qingdao Government Network released information. On the morning of March 26, the Red Island Economic Zone (High-tech Zone) held a coordination meeting on land requisition and relocation for the establishment of Rehabilitation University. Meeting requirements: First, all departments and units should fully understand the importance of land requisition and relocation work in rehabilitation university. Secondly, the overall plan of requisition and relocation of Rehabilitation University is formulated according to the content of the construction of Rehabilitation University. Third, we should strengthen overall coordination and solve all kinds of difficulties and problems in our work in a timely manner. Fourth, do a good job in daily dispatching, establish and improve the daily report and weekly dispatching system.