The Startup Ecosystem of Qingdao
Qingdao has 53 startups in our sample database. This represents about 1% of China’s startups. Qingdao is the 14th best startup ecosystem in China.
CITY RANKING
While Qingdao decreased by 31 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in China remained stable at 14 nationally since 2023.
National Ranking
In China
Regional Ranking
In East Asia
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Qingdao Top Startup Industries
16 startups
Ecosystem HealthCheck
Qingdao Ecosystem Health Check
The health check tables allow you to look at the performance Qingdao has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
Browse the startup ecosystem database of Qingdao
Become our Qingdao Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Qingdao2017 - 2024
Startup Funding in Qingdao 2017 - 2024
From 2022 to 2023, startup funding in Qingdao has decreased by 70.9%. During this period, the number of deals in Qingdao has decreased by 25%. Since 2017, total startup funding in Qingdao exceeded US$ $3.33B.
Average Funding in 2023
$7.82M
Funding in 2023
$70.37M
Deals in 2023
9
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Qingdao
Global Rank
Qingdao is ranked within the top 300 startup ecosystems globally.
Top Industries
Qingdao’s startups excel particularly in Hardware & IoT where it ranks 87 and in Software & Data, and Healthtech. Find out more
Top Cities for Startups in China - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 6th 0 | 109.406 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 7th 0 | 73.512 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 18th - 2 | 39.550 | 00.00 | 00.00 | 00.00 | |
4th 0 | 33rd + 2 | 23.303 | 00.00 | 00.00 | 00.00 | |
5th 0 | 37th - 1 | 22.034 | 00.00 | 00.00 | 00.00 | |
6th 0 | 52nd - 7 | 14.739 | 00.00 | 00.00 | 00.00 | |
7th 0 | 77th - 8 | 9.566 | 00.00 | 00.00 | 00.00 | |
8th 0 | 106th - 9 | 7.314 | 00.00 | 00.00 | 00.00 | |
9th + 1 | 131st - 6 | 5.238 | 00.00 | 00.00 | 00.00 | |
10th - 1 | 147th - 24 | 4.389 | 00.00 | 00.00 | 00.00 |
ECOSYSTEM
Why should you join Qingdao's Startup Ecosystem?
Overview
Within Qingdao there is an increased attraction for entrepreneurs to set up their startups in industries such as Hardware & IoT, Software & Data, Healthtech. These three industries represent about 62% of the startups represented on the Startup Ecosystem Map of Qingdao.
14th
National Rank
20th
Regional Rank
Overview
Qingdao is China's 14th best startup ecosystem and is ranked 20th in East Asia. With a population of 2M - 10M people, Qingdao is ranked 216th in the world. The city has some notable startup success stories including Newlink.
ECOSYSTEM
Startup Infrastructure in Qingdao
BLOG
Recent Posts
Wed Apr 02 2025
Corporate Startup Activity Index 2025
For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]
Thu Mar 06 2025
The Impact of Government Support on Startups
A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]
Thu Feb 20 2025
Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems
In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]