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Jinan's GDP in Q1-3 hits 922.92b yuan

Updated: Oct 27, 2023 english.jinan.gov.cn Print
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Jinan's GDP reached 922.92 billion yuan ($126.73 billion) in the first three quarters of this year, a year-on-year growth of 6.2 percent, according to the statistics bureau on Oct 26.

The added value of the primary, secondary, and tertiary industries were 29.27 billion yuan, 301.09 billion yuan, 592.56 billion yuan respectively, up 3.6 percent, 8.1 percent, and 5.4 percent year-on-year.

In the first three quarters, the total output value of the agriculture, forestry, animal husbandry, and fishing industry in the city was 56.57 billion yuan, a year-on-year growth of 4.4 percent.

During the same period, the added value of industrial enterprises above designated size grew by 12.9 percent year-on-year. Among the 41 major industries, 28 experienced a year-on-year growth in added value, with a growth coverage rate hitting 68.3 percent.

The six key industries, including automobile manufacturing, general equipment manufacturing, ferrous metal smelting and rolling processing, and pharmaceutical manufacturing, achieved a combined growth rate of 21.7 percent, which was 8.8 percentage points higher than that of the industrial enterprises above designated size.

Fixed asset investment grew by 3.9 percent year-on-year in the first three quarters, with industrial investment contributing to a growth of 3.4 percentage points.

From January to August, the operating income of the city's service industry above designated size was 262.88 billion yuan, a year-on-year growth of 16.6 percent. Specifically, the leasing and business service industry, the information transmission, software, and information technology service industry, and the scientific research and technology service industry grew by 15.9 percent, 9.7 percent, and 6.7 percent year-on-year respectively.

In the first three quarters, the total retail sales of consumer goods in Jinan reached 360.04 billion yuan, a year-on-year growth of 6.5 percent.

The general public budget revenue was 83.1 billion yuan in the first three quarters, a year-on-year growth of 6.5 percent.

During the same time period, Jinan's total import and export volume reached 160.68 billion yuan, a year-on-year growth of 3 percent. Specifically, exports totaled 102.18 billion yuan, a year-on-year growth of 5.1 percent, while imports were worth 58.5 billion yuan, a year-on-year decrease of 0.4 percent.

Jinan's consumer price index was stable, rising by 0.8 percent cumulatively in the first three quarters.

In the first three quarters, the per capita disposable income of residents in the city reached 38,813 yuan, a year-on-year growth of 6 percent. Per capita disposable income of urban residents and rural residents was 46,572 yuan and 21,125 yuan respectively, growing 4.9 percent and 7.2 percent year-on-year.

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