Laoshan district, Qingdao [Photo/IC] 

In the first quarter of this year, Laoshan district in Qingdao, Shandong province saw its gross domestic product (GDP) increase 6 percent to 26.55 billion yuan ($3.83 billion).

The added value of its primary industry reached 0.42 million yuan, up 4.7 percent year-on-year. The added value of the secondary industry hit 6.92 billion yuan, up 12.5 percent, while the figure of the tertiary industry recorded 19.58 billion yuan, up 3.9 percent.

In the first quarter, the added value of its industries above designated size increased by 17.4 percent year-on-year. During this period, the district had made great efforts to promote breakthroughs in the multiplication plan of its pillar industries and had steadily accelerated the growth of emerging industries.

The added value of high-tech manufacturing grew by 34 percent, which greatly promoted the district's high-quality development.

During the period, the region's fixed asset investment grew by 19.9 percent year-on-year. Investment in manufacturing grew by 181.2 percent, infrastructure 214.5 percent and high-tech industries 74.3 percent.

The added value of the service sector grew 3.9 percent year-on-year. Consumer consumption-related services also gradually picked up, with the added value of wholesale and retail, accommodations and catering up 3.6 percent and 7.7 percent, respectively.

In the first quarter, the per capita disposable income of residents in the region was 10,756 yuan, a year-on-year growth of 3.3 percent.