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Qingdao's GDP growth rate higher than national average
By Chen Yaya
China.org.cn, August 28, 2015 Print  E-mail

The first half of the year witnesses Qingdao's steady economic progress with high quality.

In the first half of this year, Qingdao's GDP grew by 7.8 percent over the same period of last year. Its growth rate is 0.1% higher than that of the first quarter, and 0.8% higher than the national average.

Its general public budget revenue is 54.09 billion, increased by 10.3%. Compared to the first quarter, Qingdao's major economic indicators also rank higher among China's sub-provincial cities.

These achievements owe to Qingdao's push on its economic growth and restructuring.

Qingdao established a system of joint conference to coordinate its operation on fields such as industry, service sectors, production safety, science and technology.

Officials' visiting plans were carried out on time. The municipal government and its related departments visited thousands of enterprises and project sites, providing guidance on market expansion, development mode transition, and access to favorable policies.

Apart from these, a set of policies shows Qingdao's determination on its economic reform. It is to carry out plans systemically to promote innovative achievements of Internet and Ocean industry, aiming at the upgrading of its second and third industry.

Meanwhile, measures related to supportive industries, such as old-age service, e-commerce, marine tourism, and industrial design, are also implemented.

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