Being consistently persist in the guideline of Enriching the City by Developing Industry, Jiaozhou places developing manufacturing industry in a stressed position. In order to transform outmoded enterprises, cultivate and strengthen pillar industries, and to speed up the burgeoning new industries, strenuous efforts have been put on gathering relative manufactures in clusters. Seven industrial chains of traffic vehicles and its parts, light knitting, electronics, foodstuff processing, the assistant equipment of boiler, steel framework, wooden kitchenware have begun to take shape, of which the industrial output achieved  70% of the whole industrial output. There are over 6000 taxpaying enterprises, about 1,100 of which are foreign enterprises, 753 enterprises are large-scope enterprises. 12 enterprises of the Fortune Top 500, like Emerson, Larfage have settled down in Jiaozhou. Many well-known domestic corporations, such as Haier and CRMC also have branches here. At present, Jiaozhou has developed into the domestic important manufacturing base of container, iron-pagoda, charcoal and Nike-shoe.