Report details Shandong's social, economic development in 2021

(| Updated : 2022-03-01

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Shandong's social and economic development showed stable performance with good momentum for growth in 2021, and the province has made new progress in high-quality development, according to a report on economic and social development released by the Shandong Provincial Bureau of Statistics.


People buy pork in Qingzhou, East China's Shandong province, on June 9, 2021. [Photo/Sipa]

Last year, the quality of growth improved, and the restructuring of the province's economy accelerated.

According to a preliminary calculation, the province's GDP in 2021 was 8.31 trillion yuan ($1.32 trillion), up 8.3 percent from the previous year’s calculation at comparable prices.

The province's primary industry's added value was 602.9 billion yuan last year, up 7.5 percent. The secondary industry's added value increased by 7.2 percent to 3.32 trillion yuan. The tertiary industry's added value increased by 9.2 percent to 4.39 trillion yuan.

The job market was also better than expected. A total of 1.24 million urban jobs were created, up 1.3 percent from the previous year and exceeded the annual target by 112.9 percent.

At the end of last year, there were 101.69 million people living in Shandong. Of the permanent population in the province, 63.94 percent were urban residents.

Shandong beefed up efforts to coordinate epidemic control with economic and social development last year. Measures were highlighted to deepen the supply-side structural reform, accelerate the building of a new development paradigm, and advance regional high-quality development.

The province has underscored efforts to ensure stability on six fronts, including employment, the financial sector, foreign trade and investment. It has also taken measures to maintain security in six key areas, including basic living needs, market entities' operations, food and energy security, and stable industrial and supply chains.