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The output value of Qingdao’s hi-tech industry tops 753 billion Yuan in 2017

2018/4/12 15:48:29   source:english.qingdao.gov.cn

Recently, Shandong Science and Technology Department and Shandong Statistics Bureau released a report on the development of high-tech industry in the province in 2017. Among them, the output value of high-tech industry in Qingdao reached 753.137 billion Yuan, taking the lead in the province. In the distribution of high-tech industries in the city, the output value of five sectors, such as electrical machinery and equipment manufacturing, accounts for about 70% of the city's high-tech industry output value.

According to an official from Qingdao Municipal Science and Technology Bureau, the high-tech industry mainly includes eight categories i.e. electronic information technology, biology and new medical technology, aerospace technology, new materials technology, high-tech service industry, new energy and energy-saving technologies, resources and environmental technologies and high-tech transforming conventional industries. Previously, Qingdao Municipal Science and Technology Bureau and Qingdao Municipal Science and Technology Information Institute jointly conducted an industry analysis of the high-tech industry in Qingdao. Statistics show that the output value of high-tech industries in Qingdao is mainly concentrated in the manufacture of electrical machinery and equipment, railways, ships, aerospace and other transportation equipment manufacturing, computer, communications and other electronic equipment manufacturing, metal products and general equipment manufacturing. The output value of these five industries accounted for about 70% of the city's high-tech industry output value.

In recent years, Qingdao Municipal Government has actively promoted rapid and healthy development of high-tech industries in Qingdao by means of deepening the reform of science and technology system management, gathering resources for innovation factors, increasing policy support, fostering the rapid growth of high-tech SMEs and strengthening the industrialization of technological innovation achievements. In 2017, the city's high-tech industry output value reached 753.137 billion Yuan, ranking the first in the province, up 11.49% year-on-year, and the growth rate is 3.97 percentage points higher than the previous year, accounting for 42.51% of the total industrial output value above designated size of the city, 7.55 percent higher than the province's average. The proportion of investment in fixed assets of high-tech industries was 28.2% of the industry fixed assets investment, down 10.3 percentage points from the previous year.

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