The city of Qingdao held a press conference on October 26th announcing that in the three quarters of this year, the overall economic situation is stable and growing steadily with improved efficiency.

    According to the initial calculations, in the previous three quarters, the GDP is 715.095 billion Yuan, increasing by 7.7% if calculated in comparable prices. In terms of industry category, the added value in the first industry, second industry and tertiary industry is respectively 27.127 billion Yuan, 312.077 billion Yuan, and 375.891 billion Yuan, increasing respectively by 3%, 6.4% and 52.6%.

    In the past three quarters, the fixed assets investment in Qingdao has reached 540.54 billion Yuan, increasing by 13.1%; the total social consumer goods retail amount is 291.16 billion Yuan, increasing by 9.9%; The general public budget income has reached 82.05 billion Yuan, increasing by 10.3%; The number of newly-employed people is 0.52 million, increasing by 3.3%; The per capita disposable income is 27,213 Yuan, increasing by 8%.