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Shandong Releases the List of Policies for Promoting Steady and Sound Economic Growth and Improving Quality in 2025

Source：Haibao News 01-06-2025 09:00:00

Recently, Shandong Province issued the List of Policies for Promoting Steady and Sound Economic Growth and Improving Quality in 2025. In the first batch of policies and measures for this year, approximately 90% are targeted at business entities, with a provincial-level financial allocation of around 6 billion yuan.

Firstly, Shandong will optimize policies to support and benefit enterprises. To enhance credit support, Shandong will improve the financing coordination mechanism for micro and small-sized enterprises across provincial, municipal, and county levels, establish green channels, and streamline the approval processes.

Secondly, Shandong will fully support project construction. Efforts will be intensified to secure policy-based financial support, including ultra-long-term special treasury bonds. The province plans to implement 2,000 provincial-level key projects simultaneously, with an annual investment exceeding 970 billion yuan. Additionally, it will allocate 2 billion yuan of provincial funds to support the construction of engineering projects that play a driving role.

Thirdly, Shandong will step up efforts to promote consumption and improve people's livelihood. It will formulate targeted policies to support the development of the service industry, especially marine services, implement preferential and exemption measures for cultural tourism consumption, cultivate live-streaming and e-commerce sectors, and optimize the supply of elderly care services. These efforts aim to further stimulate consumption.

Fourthly, Shandong will foster new quality productive forces at a faster pace. Focusing on supporting the accelerated development of emerging and future industries, it will establish artificial intelligence industry funds, provide computing power voucher awards and subsidies, and support low-altitude economic development.