selectshandong@shandong.cn
中 日 한 EN DE FR
SELECTSHANDONG

Boosting Investment, Project Implementation, and Consumption: Shandong’s Focus for the Second Half of the Year in Economic Development

Source：The Seanews 07-27-2023 12:35:13

In the first half of this year, Shandong's economy performed stably overall, with a sound overall economic trend of accelerated recovery and rebound. Shandong has fulfilled half of its goal in the past six months. For greater achievements in the economic work in the last half of the year, Shandong will focus on the construction of a green, low-carbon and high-quality development pilot zone as the driving force to expand investment, prioritize project implementation, and stimulate consumption.

Projects serve as the foundation of industries and the vehicles for investments, making project construction a fundamental and vital aspect of driving economic and social development. For the work in the second half of this year, Shandong is taking concerted actions across various regions to focus on projects in the pipeline, promote project commencement and construction, strengthen resource guarantees, and expand investments effectively.

Currently, green and low-carbon products such as electric vehicles, lithium-ion batteries and solar cells, collectively known as China's "new three items", are gaining popularity overseas, serving as new growth drivers in foreign trade. Shandong has made it clear that it will increase investment in areas such as the "new three items," aiming to seize emerging opportunities in economic development and accumulate momentum for the second half of the year and beyond.