Qingdao releases economic performance from January to July

Qingdao, Shandong province. [Photo provided to chinadaily.com.cn]

The Qingdao Municipal Bureau of Statistics recently released statistics regarding the city's economic performance from January to July.

During this period, the added value of industrial enterprises above designated size in Qingdao increased by 4.6 percent year-on-year. Among the 35 major industries, 21 saw growth.

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.

In the first half of the year, the service industry above designated size in the city witnessed stable growth, while the operating income of eight out of the 10 categories of service industry also grew.

From January to July, the city's air passenger throughput, railway passenger traffic and waterway passenger traffic increased by 112.1 percent, 159 percent and 344.7 percent year-on-year respectively.

Air cargo throughput, railway freight volume and waterway freight volume increased by 12 percent, 4.5 percent and 75.6 percent year-on-year respectively, while the postal business grew by 21.1 percent.

The turnover of the lodging and catering industries above designated size increased by 35.5 percent and 22.8 percent year-on-year respectively.

The city's fixed asset investment increased by 4.7 percent year-on-year. There were 5,790 projects under construction in the city, an increase of 56 compared with the same period last year.

Investment in high-tech industries, strategic emerging industries and technological transformation in manufacturing increased by 18.9 percent, 27.2 percent and 34.5 percent year-on-year respectively.

The city's foreign trade import and export volume reached 510.51 billion yuan ($70.02 billion), an increase of 7.8 percent from the same period in the previous year.