Shandong sees growth in added value of industrial enterprises
China DailyThe added value of industrial enterprises above a designated size in Shandong province increased by 9.6 percent on a yearly basis in 2021, with an average growth of 7.3 percent over the past two years, 1.2 percentage points higher than the national average, official statistics showed. The main economic indicators of Shandong's chemical industry achieved comprehensive growth, with operating income and profit jumping to first place among all industries. In the first 11 months of 2021, the total profits of industrial enterprises above designated size in the province reached 514.66 billion yuan, up 36.3 percent, with a two-year average growth of 24.2 percent. Efforts have been made to strengthen the dominant position of enterprises in innovation, foster advanced manufacturing clusters with international competitiveness, and build independent, safe and efficient industrial and supply chains that serve the whole country.