Qingdao's GDP hits 1.58t yuan in 2023
China DailyQingdao's GDP hit 1.58 trillion yuan in 2023, an increase of 5.9 percent compared to 2022. The total output value of Qingdao's agriculture, forestry, animal husbandry, and fishing industries for the whole year reached 95.59 billion yuan, an increase of 5 percent over the previous year. The total value of the city's imports and exports reached 875.97 billion yuan, an increase of 4.6 percent compared to the previous year. Specifically, exports amounted to 471.36 billion yuan, growing 0.3 percent, while imports reached 404.61 billion yuan, soaring 10.1 percent compared to the previous year. Qingdao's general public budget revenue reached 133.78 billion yuan, an increase of 5.1 percent over the previous year, with tax revenue amounting to 100.6 billion yuan.