Linyi City of Shandong Province signed a strategic cooperation agreement with the Shandong Hi-Speed Group Co., Ltd., on 5 August in Jinan, the provincial capital.

According to the agreement, both sides is going into cooperation in the fields of express transportation, logistics center, IT application in logistics, port and comprehensive bonded zone, which has great significance for upgrading the city's economy and establishing the modern industrial system.

Shandong Hi-Speed Group is a state-owned large enterprise group which integrates investment, construction, management, operation and maintenance of highways, expressways, airports and harbors.