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7.7115 Trillion Yuan! Shandong's GDP Grows 5.6% in First Three Quarters

Source：Haibao News 10-28-2025 09:00:00

In the first three quarters, Shandong Province’s economy maintained a stable and positive development trend. The fundamental conditions for long-term economic improvement remain unchanged, and with the implementation and effectiveness of a package of macroeconomic policies, the momentum for high-quality development continues to strengthen. According to the regional GDP accounting results, Shandong’s GDP for the first three quarters of this year reached 7.7115 trillion yuan, calculated at constant prices, a year-on-year increase of 5.6%.

Industrial production grew rapidly, with equipment manufacturing playing a significant role in driving growth. The service sector operated steadily, with an expanding scope of industry growth. The consumer market maintained stable growth, supported by strong online consumption. Investment quality and efficiency improved steadily, with industrial investment growing rapidly. Goods imports and exports continued to expand, and the trade structure was continuously optimized. The employment situation remained generally stable, and household incomes increased steadily.