山东正以“稳”和“增”的步调前行

Core Insights - Shandong's GDP for the first three quarters of 2023 reached 77,115 billion yuan, reflecting a growth of 5.6% at constant prices, indicating a stable and improving economic performance [1][4][6] Economic Drivers - The "three driving forces" of consumption, investment, and exports showed stable and increasing trends, with retail sales totaling 30,386.1 billion yuan, also growing by 5.6% [2] - Fixed asset investment decreased by 3.7%, but manufacturing investment rose by 3.6%, with industrial investment growing by 7.7%, highlighting the resilience of Shandong's economy [2] - Total goods import and export volume reached 2.62 trillion yuan, growing by 5.5%, indicating an ongoing improvement in trade structure [2] Sector Performance - The agricultural sector remained stable with a total output value growth of 4.3%, while industrial production saw a significant increase with a 7.8% growth in value added for large-scale industries [3] - Key industries such as equipment manufacturing, automotive, and electronics showed robust growth, with value added increasing by 12.0%, 17.0%, and 16.6% respectively [3] - The service sector also performed well, with revenue from large-scale service industries growing by 5.4% from January to August [3] Future Outlook - Shandong is on track to exceed the 10 trillion yuan GDP milestone, with a projected GDP of 98,565.8 billion yuan for 2024, marking a growth of 5.7% [5] - The province aims to achieve a GDP growth of over 5% this year, aligning with the goals set in the "14th Five-Year Plan" [4][6] - The economic performance in the first three quarters lays a solid foundation for the successful completion of the "14th Five-Year Plan" [6]