Qingdao promotes high-quality development
3 years, 1 month ago

Qingdao promotes high-quality development

China Daily  

A news conference was held on Nov 16 to introduce Qingdao's achievements in building a moderately prosperous society in all respects as well as promoting its high-quality development. According to Qingdao officials, the city has reached a new developmental stage, with its GDP being in excess of 1 trillion yuan since 2016. In the first three quarters of this year, Qingdao's GDP hit 1.03 trillion yuan, up 10.7 percent year-on-year, 0.9 percentage points higher than the national average and 0.8 percentage points higher than the provincial average. The city has attracted investments from 172 Fortune Global 500 companies and local enterprises have established overseas companies and institutions in 112 countries and regions worldwide.

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