According to CoinMeta, recently, multiple departments in Shandong Province jointly issued the "Shandong Province Action Plan for Accelerating the High-Quality Development of the Papermaking Industry (2026-2030)" (hereinafter referred to as the "Action Plan"). The Plan aims to achieve an annual operating income of around 205 billion yuan for papermaking and paper products enterprises above designated size by 2030, and to cultivate about 5 internationally renowned enterprises with annual revenues exceeding 10 billion yuan each. It also seeks to further advance towards becoming a leading domestic and world-class high-end papermaking and biomass refining industry base. The Action Plan proposes six major initiatives comprising 16 measures, which include ensuring raw material supply, leading through technological innovation, upgrading industrial structure, enhancing quality with digital intelligence, promoting green and low-carbon development, and optimizing the industrial ecosystem.