Economic Overview - In the first quarter of 2025, Shandong Province's industrial economy showed a robust performance with a year-on-year increase of 8.2% in industrial added value, surpassing the national average by 1.7 percentage points [1][2] - The industrial economy maintained a steady growth trajectory, with March alone witnessing an 8.3% increase compared to the previous year, again exceeding the national average by 0.6 percentage points [1] Key Industry Performance - Out of 41 major industrial categories, 36 experienced growth, resulting in a growth rate of 87.8%, with 14 industries achieving double-digit growth [2] - The manufacturing sector's added value grew by 9.6%, which is 1.4 percentage points higher than the overall industrial growth, indicating its critical role in supporting the economy [2] - Significant growth was observed in specific industries: railway and shipbuilding (36.0%), electronic information (28.6%), chemical raw materials (15.2%), automotive (13.3%), and agricultural products (13.1%), all showing improvements compared to the previous year [2] Investment Trends - Industrial investment rose by 20.6% year-on-year, outpacing the national growth rate by 8.6 percentage points and increasing by 7.8 percentage points compared to the same period last year [2] - Industrial investment accounted for 42.9% of the province's fixed asset investment, marking a 6 percentage point increase from the previous year [2] - Technological transformation investment in the industrial sector grew by 9.3%, exceeding the national average by 1.2 percentage points [2] Emerging Dynamics - The added value of the equipment manufacturing sector increased by 13.9%, which is 3.9 percentage points higher than the previous year, indicating a strong upward trend [3] - High-tech manufacturing saw a 13.3% increase in added value, outperforming the overall industrial growth by 5.1 percentage points [3] - Production of industrial robots and optoelectronic devices surged by 76.2% and 25.4%, respectively, highlighting the acceleration of new technologies and products [3] Future Outlook - Shandong Province aims to continue enhancing enterprise service support and increasing policy backing to help businesses stabilize orders, expand markets, and promote development [3]
一季度山东工业经济运行开局良好、起步平稳,呈现两稳两增特点
Zhong Guo Fa Zhan Wang·2025-04-24 08:11