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An Increase of 8.2% in Shandong's Investment in New Technologies, New Industries, New Formats, and New Models in the First 10 Months

Source：Haibao News 11-27-2024 09:00:00

The Shandong Provincial Bureau of Statistics recently released the economic data for the first 10 months. During this period, existing policies continued to exert their strength, alongside a series of incremental policies. Shandong strengthened the support of key factors and actively expanded effective investment, providing essential backing for the overall stable operation of the province's economy. The investment in new technologies, new industries, new formats, and new models grew by 8.2%, accounting for 58.6% of the total investment and achieving a year-on-year increase of 2.4 percentage points.

With the reinforcement of effective investment, Shandong's internal and external demand is steadily improving, and fixed-asset investment remains stable. From January to October, fixed-asset investment achieved a year-on-year increase of 3.9%. Investment in the primary and secondary industries rose by 13.3% and 16.7%, respectively.

The private economy serves as a "barometer" of economic vitality. From January to October, the added value of private industries above the designated size increased by 10.4%, 2.1 percentage points higher than that of all industries above the designated size. The import and export value of private enterprises reached 2,058.7 billion yuan, showing an increase of 4.1% and accounting for 74.6% of the province's total.