In the first half of the year, Shandong's industrial production saw steady growth, with the added value of industrial enterprises above designated size increasing by 7.7%. Industries such as chemicals, automobiles, railways and shipbuilding, and electronics exhibited robust performance.
Fostering emerging and future industries is central to boosting industrial competitiveness. Shandong has consistently taken proactive measures, advancing into new domains and market sectors while striving to enlarge new quality productive forces. During the first half-year, the high-tech manufacturing sector in the province saw an 11.1% rise in added value.
Shandong is intensifying efforts to nurture and expand emerging industries and new business models. This includes the comprehensive implementation of initiatives aimed at doubling the scale of core industries within the digital economy, promoting artificial intelligence applications across various sectors, and fostering new quality productive forces tailored to local capacities. These measures aim to enhance Shandong's industrial profile and contribute significantly to the nation's industrial framework.