BEIJING, July 8 (Reuters) - China's Shandong province plans to develop a 100 billion yuan ($13.76 billion) lithium battery industry by next year, a local government notice showed.
Shandong, located in China's east, aims to build an industrial chain covering electrode materials, electrolytes, battery cells and battery manufacturing, the notice said.
The provincial government will support Jinan and port city Qingdao to drive development of surrounding battery assembly and raw material production enterprises based on the needs of new energy vehicle enterprises. ($1 = 7.2680 Chinese yuan renminbi) (Reporting by Liz Lee and Beijing newsroom; Editing by Kim Coghill)
