The Park has taken the strategic opportunities in building Shandong Peninsula Blue Economic Zone and developing biotechnology industry. In 2010, the Park has been selected in the “6 top 10” scientific and technological innovation project of Yantai, and become one of the major ten parks that will be highly supported by the government. The Park has become one of the major three “National Drug Innovation Incubator Base” of Shandong province, and the important part of “Shandong National New Drug R&D Technology Platform” and “Shandong New Drug Innovation and development center”. The Park was selected in the first 100 strategic new industrial projects of Shandong province which will get government support in terms of finance, credit, land use, etc.