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Shandong Strives to Build an Economic Growth Pole in Northern China

Source：Haibao News 03-09-2026 15:04:09

In 2025, Shandong Province delivered an impressive record on economic performance, effectively serving as a stabilizer for the regional economy. Data shows that the added value of industrial enterprises above the designated size grew by 7.6% year-on-year, a growth rate 1.7 percentage points higher than the national average.

The achievement underscores Shandong's solid industrial foundation and development resilience as a major industrial province. Amidst a complex macroeconomic environment, Shandong has stabilized its economic underpinnings by continuously promoting the replacement of old growth drivers with new ones and optimizing its industrial structure. The steady performance of the industrial economy has provided core support for the province's high-quality development, while exploring effective pathways for economic transformation and growth across Northern China.

Building on this foundation, Shandong continues to deepen innovation-driven development and stimulate market vitality, being committed to playing a more prominent leading and catalytic role in the economic development of Northern China, making steady progress toward its goal of becoming a major regional economic growth pole.