Jining in East China's Shandong province has experienced consistent economic recovery in the first two months of 2021, with all key indicators showing a double-digit growth, according to a report recently released by the city's bureau of statistics.

The added value of industries above a designated size in January and February has increased by 24.6 percent year-on-year, with an annual growth rate of 5.0 percent compared to 2019. More than half of its major industries have realized a year-on-year growth of over 50 percent. The equipment manufacturing and chemical industries have risen by 75.1 percent and 41.3 percent respectively.

The fixed asset investment in Jining has increased by 26.2 percent year-on-year. The growth rate of such investment in the primary, secondary, and tertiary industries was 11.4 percent, 48.4 percent, and 17.0 percent.

The total retail sales of consumer goods in Jining from January to February reached 43.35 billion yuan ($6.63 billion), up 29.8 percent year-on-year. Demand for cars, home appliances, as well as audio and video equipment has grown significantly.

The city's general public budget expenditure in the first two months of the year was 11.21 billion yuan, a 10.3-percent increase compared to last year. The local government has greatly invested in the transportation, energy saving, environmental protection, education, and social security sectors.