At the frontier of high-quality growth
1 month, 1 week ago

At the frontier of high-quality growth

China Daily  

Qingdao, as a major economic hub in China, has been vigorously advancing new quality productive forces since the beginning of this year. In the first three quarters, the value added by strategic emerging industries in Qingdao grew by 12 percent year-on-year, with the new-generation information technology industries, such as integrated circuits, new displays, and virtual reality, experiencing growth of over 20 percent. Cementing its status as a strong sci-tech city, Qingdao is home to Laoshan Laboratory and 12 national key laboratories, with numerous major scientific research projects being smoothly implemented. In its efforts to create a new frontier for opening-up, Qingdao has fully leveraged the pioneering roles of the China-Shanghai Cooperation Organization Demonstration Zone for Local Economic and Trade Cooperation and the China Pilot Free Trade Zone Qingdao Area, leading high-level opening-up with comprehensive institutional innovation. This year, the city has also hosted major events such as the Green Development Forum of the Shanghai Cooperation Organization Countries, SCO Forum on Women, and Qingdao Multinationals Summit.

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History of this topic

At the frontier of high-quality growth
1 month, 1 week ago

At the frontier of high-quality growth

China Daily  

New quality productive forces are giving fresh momentum to Qingdao's development Qingdao, as a major economic hub in China, has been vigorously advancing new quality productive forces since the beginning of this year. In the first three quarters, the value added by strategic emerging industries in Qingdao grew by 12 percent year-on-year, with the new-generation information technology industries, such as …

New quality productive forces to power Shanghai's development
8 months, 3 weeks ago

New quality productive forces to power Shanghai's development

China Daily  

New quality productive forces and further opening-up will serve as two major engines for Shanghai's high-quality economic growth, said officials of the Shanghai municipal government. "While continued efforts will be made to expand Shanghai's economy, the city will be dedicated to the construction of a modern industrial system and the development of new quality productive forces," Shanghai Mayor Gong Zheng …

China on track for sustained growth
9 months ago

China on track for sustained growth

China Daily  

Technicians run tests on manufacturing robots at a workshop in Zhangjiagang, Jiangsu province, in February. This vast population not only offers abundant labor resources but also generates substantial consumer demand, creating a massive market advantage and providing extensive development opportunities and multiple possibilities for economic growth. China's current phase of rapid development in new industrialization, informatization, urbanization, and agricultural modernization …

New quality productive forces stimulate Qingdao's growth
9 months ago

New quality productive forces stimulate Qingdao's growth

China Daily  

Hisense Group's TV shipments in 2023 remain the second most in the world, with a year-on-year growth of 6.4 percent. Manufacturing is the foundation of Qingdao's economy, and over the years, the city has made significant development in the manufacturing industry, leading to strong economic growth. Qingdao has also established two national-level manufacturing innovation centers for smart home appliances and …

'New quality productive forces' key to Qingdao's growth
9 months, 2 weeks ago

'New quality productive forces' key to Qingdao's growth

China Daily  

The busy Qingdao Port in Shandong province. Qingdao, a coastal city in East China's Shandong province, will focus on cultivating and developing new quality productive forces, strategically managing the ocean and deepening reform and opening up. "new quality productive forces" will play a pivotal role in the nation's pursuit of high-quality development and should be positioned as a key mission …

Qingdao strives to grow through higher-level opening-up
9 months, 4 weeks ago

Qingdao strives to grow through higher-level opening-up

China Daily  

Qingdao in East China's Shandong province is committed to promoting high-quality development through higher-level opening-up. Qingdao is also striving to expand opening-up by building a new institutional opening-up hub within the Shanghai Cooperation Organization demonstration area. Taking advantage of the Regional Comprehensive Economic Partnership, Qingdao is speeding up construction of the China-Japan sub-national cooperation demonstration zone and the China-Japan-South Korea …

Qingdao sets ambitious goals for 2024
11 months ago

Qingdao sets ambitious goals for 2024

China Daily  

Qingdao in Shandong province vows to strengthen the quality of its economy. Qingdao, a city in Shandong province, will continuously pursuing high-quality development and better fulfill its leading role in Shandong's development into a modern and strong province, according to the city's top official. The city will also work to create new advantages in building a modern industrial system, vigorously …

City enhances value-added manufacturing industry
1 year, 2 months ago

City enhances value-added manufacturing industry

China Daily  

In accordance with Qingdao's three-year action plan, the port city in East China's Shandong province is ramping up efforts to make value-added manufacturing account for 29 percent of its total GDP by 2025. By 2025, there will be 10 or more city-level manufacturing innovation centers and about 150 research and development centers at the city level, each working with a …

Qingdao boosts quality construction
1 year, 3 months ago

Qingdao boosts quality construction

China Daily  

Qingdao is building a strong city with high quality, said local officials at a quality conference held on Sept 14 at which the quality of city-wide work in Qingdao was reported. In recent years, Qingdao has placed quality work in an important position for economic and social development, promoting improvements in product quality, brand building, standard system building, and foundational …

Qingdao releases economic performance from January to July
1 year, 4 months ago

Qingdao releases economic performance from January to July

China Daily  

The Qingdao Municipal Bureau of Statistics recently released statistics regarding the city's economic performance from January to July. The added value of the computer, communications and other electronic equipment manufacturing industry, railway, ship, aerospace and other transportation equipment manufacturing industry, chemical raw materials and chemical products manufacturing industry grew 21.4 percent, 16.4 percent and 15.4 percent year-on-year respectively. From January …

Private economy on the rise in Qingdao
1 year, 4 months ago

Private economy on the rise in Qingdao

China Daily  

Qingdao boasts a vibrant economy. The eastern coastal city of Qingdao in Shandong province registered a rapid expansion in its private economy in the first half of 2023, said local officials. The city's private investment grew by 3.9 percent, which is 4.1 percentage points higher than the national growth rate. During this period, the foreign trade volume of Qingdao's private …

Qingdao's steady recovery continues
1 year, 5 months ago

Qingdao's steady recovery continues

China Daily  

Measures taken by the authorities of Qingdao to boost economic recovery and consumption have been paying dividends as the coastal city in Shandong province saw further growth in its industrial production and investment in the first five months of this year. According to the Qingdao Municipal Statistics Bureau, the city's industrial added value above designated size increased by 5.2 percent …

Qingdao fuels high-quality development
1 year, 9 months ago

Qingdao fuels high-quality development

China Daily  

A truck is loaded with containers at Qingdao Port, Shandong province. ZHANG JINGANG/FOR CHINA DAILY Qingdao stabilized the economy, steadily enhanced its development quality, and maintained overall social stability in 2022, securing new and hard-won achievements in development, local media reported. In 2022, Qingdao's GDP reached nearly 1.5 trillion yuan, ranking 13th in China and third among northern cities in …

Qingdao expands private economy
1 year, 11 months ago

Qingdao expands private economy

China Daily  

Qingdao, Shandong province The eastern coastal city of Qingdao, Shandong province will continue to encourage, support and guide the development of the nonpublic sector, boost confidence among private enterprises and stimulate market vitality for greater economic growth, according to local authorities. In recent years, the city has launched various beneficial policies for private companies and continued to ramp up efforts …

Qingdao's economy continues to recover
2 years, 4 months ago

Qingdao's economy continues to recover

China Daily  

Qingdao boasts a vibrant economy. During this period, the added value of industrial enterprises above designated size in the city increased by 3.3 percent year-on-year. The added value of high-tech manufacturing above designated size increased by 22.6 percent year-on-year, injecting vitality into local economic development. The operating revenue of transportation, warehousing and postal services grew 34.8 percent year-on-year, while the …

Qingdao gives priority to manufacturing industry
2 years, 8 months ago

Qingdao gives priority to manufacturing industry

China Daily  

Qingdao, an economic powerhouse in Shandong province, will continue to give priority to advancing its manufacturing industry and foster a number of world-class industrial clusters in the next five years, according to local authorities. Qingdao will adhere to the direction of high-end, intelligent and green development, and focus on promoting seven competitive industries, including smart home appliances, rail transit, new …

Fixed-asset investment increases steadily in Qingdao
2 years, 9 months ago

Fixed-asset investment increases steadily in Qingdao

China Daily  

Qingdao's economy posted stable growth in the first two months of 2022 despite epidemic resurgences and a complicated external environment, according to official data from the Qingdao Municipal Statistics Bureau. From January to February, Qingdao's fixed asset investment grew by 8.3 percent year-on-year, 4.2 percentage points more than that in 2021, marking a good start of the year. Investment in …

Report details Qingdao's social, economic development in 2021
2 years, 9 months ago

Report details Qingdao's social, economic development in 2021

China Daily  

Qingdao's social and economic development showed stable performance with good momentum for growth in 2021, and the city has made new progress in high-quality development, according to an official report which was released on March 17. According to a preliminary calculation that was calculated at comparable prices, in 2021, the city's GDP reached 1.41 trillion yuan, an increase of 8.3 …

Qingdao banks on innovation to drive growth
2 years, 10 months ago

Qingdao banks on innovation to drive growth

China Daily  

The eastern coastal city of Qingdao, Shandong province will beef up efforts to boost high-quality development through openness, innovation and modernization, said local authorities. Efforts will be made in new urban construction, new infrastructure, consumption upgrades, market expansion and business growth, according to the city's development plan. The city has seen a growth opportunity in new types of consumption in …

Qingdao develops into city of entrepreneurship
2 years, 11 months ago

Qingdao develops into city of entrepreneurship

China Daily  

The eastern coastal city of Qingdao, Shandong province has made some major achievements in developing into a city of entrepreneurship, said local authorities at a recent news conference. In 2021, a total of 56,700 people were given policy-based support to start their own businesses in Qingdao, and the city allocated 1.47 billion yuan in start-up support funds, both exceeding the …

Qingdao ranks eighth in comprehensive city competitiveness
3 years ago

Qingdao ranks eighth in comprehensive city competitiveness

China Daily  

CCID Consulting, a firm affiliated with a think tank under the Ministry of Industry and Information Technology, recently released a research report on the top 100 cities in comprehensive competitiveness in 2021, evaluating 293 Chinese cities. The eastern coastal city of Qingdao, Shandong province ranked eighth in the research report. In the first three quarters of 2021, the city's GDP …

Experts: Key projects will steady investments
3 years, 5 months ago

Experts: Key projects will steady investments

China Daily  

Robots operate on a production line at an automotive glass workshop of the Fuyao Glass Industry Group Co Ltd in Fuqing City of Fuzhou, East China's Fujian province, Jan 12, 2021. China is accelerating implementation of major projects with focus on high-tech manufacturing, "new infrastructure" and new urbanization initiatives, which will help stabilize investments and create jobs, playing a key …

Qingdao sees steady rise in service sector in Q1
3 years, 7 months ago

Qingdao sees steady rise in service sector in Q1

China Daily  

Qingdao's service sector started off well in the first quarter of this year, with its added value reaching 200.99 billion yuan, up 17.4 percent over the previous year and accounting for 66.2 percent of the city's GDP, according to official data. From January to February this year, the operating income of service enterprises above designated size in the city reached …

Qingdao to promote more comprehensive employment
3 years, 9 months ago

Qingdao to promote more comprehensive employment

China Daily  

The eastern coastal city of Qingdao will intensify efforts to achieve more comprehensive and higher quality employment, with personal income growth basically in step with economic growth, and marked improvements in distribution structure over the 14th Five-Year Plan period. The city will release more measures and policies to improve the training system for skilled workers, create a favorable environment for …

Qingdao makes progress in manufacturing upgrade
4 years ago

Qingdao makes progress in manufacturing upgrade

China Daily  

Manufacturing is the foundation of Qingdao's economy, said local authorities at a recent news conference, which underlined the city's progress and achievements in transforming and upgrading the manufacturing sector during the 13th Five-Year Plan period. From 2016 to 2019, the city's industrial added value above designated size grew by more than 5 percent annually. In 2019, its industrial added value …

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