Core Viewpoint - Shandong Province has achieved a GDP of 10 trillion yuan, becoming the third province in China and the first in Northern China to reach this milestone, with a year-on-year growth of 5.5% in 2025 [1][3] Economic Structure and Growth - The service sector in Shandong has seen a value-added growth of 6.1%, accounting for 54.1% of the GDP, contributing 59.1% to economic growth, indicating a shift from a heavy industrial focus to a more diversified economy [3][4] - Industrial output remains strong, with a 7.6% increase in industrial value-added, and a notable 11.4% growth in equipment manufacturing [3][4] - Shandong's agricultural sector also supports economic growth, with a total output value of 1,317.93 billion yuan, reflecting a 4.4% year-on-year increase [4] Foreign Trade and Market Diversification - Shandong's foreign trade has reached a historic high, with import and export values exceeding 3.5 trillion yuan, engaging in trade with over 250 countries and regions [5] - The province has successfully diversified its market, with nine foreign trade markets exceeding 100 billion yuan in scale [5] Industrial Transformation and Innovation - Shandong has undergone significant industrial transformation since 2018, focusing on reducing outdated production capacity while fostering new industries, leading to a more balanced economic structure [6][7] - The province has established a project library with over 3,100 projects and total investments exceeding 8.4 trillion yuan, emphasizing green and high-quality development [7] Future Development Plans - Looking ahead, Shandong aims to become a major economic growth pole in Northern China, with plans to enhance traditional industries and expand emerging sectors such as integrated circuits and renewable energy [8][9] - The province is also targeting the development of six trillion-yuan cities, which would further stabilize economic growth [9]
中国第三、北方首个 山东省GDP破10万亿
Zhong Guo Xin Wen Wang·2026-01-23 12:45