Weifang's foreign trade maintained strong momentum in the first three quarters of 2025, reaching an all-time high.
Weifang in East China's Shandong province is becoming an active center for foreign trade and investment.
Weifang in East China's Shandong province recorded robust growth in foreign trade during the first quarter of 2025.
In 2024, Weifang achieved remarkable economic growth, with its GDP surpassing 820.32 billion yuan ($113.2 billion), solidifying its position as the fourth-largest economy in Shandong province.
Private firms, which account for an overwhelming 99 percent of market entities in Weifang, play a crucial role in the city's market economy and innovation.
As hydrogen transforms energy sectors around the world, Weichai Group in Weifang, East China's Shandong province is redefining its traditional image as a power producer.
The Weifang High-Quality Development Conference on the Marine Economy was held on Dec 19.
The Digital-Physical Integration Development Conference and the release of the "Digital-Physical Integration Enterprise Top 100" took place in Qingdao city, Shandong province on Dec 6.