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Fixed-asset Investment of Shandong Rises by 5.5% Year on Year in the First Half of 2023, Showing a Continued Trend of Stable Growth

Source:The Seanews 07-24-2023 15:42:00

On July 20, the Information Office of the People's Government of Shandong Province held a press conference on the "Learning about Shandong's Development with Data" series. Spokespersons from the provincial government and other officials were invited to introduce Shandong's economic and social operations in the first half of 2023.

Since the beginning of this year, Shandong has focused on key areas, strengthened planning and preparation, factor guarantee as well as coordination and supervision, accelerated the construction of key projects, made effective efforts to develop projects and stabilize investments, and consolidated the key role of investment. In June, the province's fixed-asset investment increased by 6.9% year on year; in the first half of the year, the cumulative increase reached 5.5%, 1.7 percentage points higher than that of the whole country.

By and large, Shandong's economy continued to recover steadily as the local economy and society resumed normal operation in the first half of this year. Next, Shandong will make continued efforts to promote the effective implementation of various policies and measures, consolidate the fundamentals of economic development, activate new economic growth drivers, and make contributions to stabilizing the national economy.